The 2015-16 Budget: Health Benefits for Retired State Employees

Prefunding Benefits Begins. The Governor’s proposal would establish a “standard” that state employees and their employer share the costs to prefund retiree health benefits. Specifically, employees and the state each would pay half of the amount of money actuaries estimate is needed to be invested to pay for these future obligations. Under this concept, employees and the state each would contribute funds equal to about 3 percent of pay. This money would be put into a preexisting CalPERS trust fund,
http://www.lao.ca.gov/reports/2015/budget/retiree-health/retiree-health-benefits-031615.aspx

Math: Your Secret Weapon Against Wall Street and the NSA | Mother Jones

Or take another example: Last year in Slate, Frenkel explained how the NSA manipulated math in order to install secret “backdoors” in the encryption systems that are supposed to protect our data. That’s what allows the agency to hack into our emails and personal information. The math is very high level, involving a field called “elliptic curve cryptography,” but in this highly watched YouTube video Frenkel explains it pretty simply:

via Math: Your Secret Weapon Against Wall Street and the NSA | Mother Jones.