Nope...PERS didn't.  How do you figure it's "socialist"?  If you don't like the fact that public entities have a retirement program, that's your problem.  You also, I'm sure, like public unions!  Well, what usually happened, is the ELECTED OFFICIALS (read: Democracy) negotiated with the public employee unions(read left wing socialist organizations allowed by said elected officials) for pay and benefits. Since said democratically elected officials often traded PERS enhancements for no pay increases, why would you consider a retirement system, set up by a democratically elected system of state and local officials, a "socialist" system?  (Unlike socialist welfare, WIC, food stamps, etc. we actually PARTICIPATED in the retirement system by having funds taken out (voluntarily I might add) of our paychecks!)  Perhaps you should have sought a position in the public sector. I can REMEMBER being eligible for "gummint" cheese, etc.  Now, I can buy my own!!

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