Editorial, includes “… Right now in Sacramento, there’s a debate over who should have to tell employees when a local government or agency is pulling out of the pension fund. he CalPERS board wants the employer to make the notification because, after all, it was the employer — not CalPERS — that made the promises to employees that proved unsustainable. … It’s a little like arguing over who gets to tell the ship’s captain about the gigantic iceberg ahead instead of taking action to avoid it.”