The graphs above show the relative share of pensions in the San Jose city budget and how it impacts the deficit. Use this visualization to explore the impact of the changes in revenue and contribution rates on San Jose pension spending and the city's deficit.

Instructions: Use the slider bars and drop down bars to try to construct a solution. These options illustrate the magnitude of the unfunded liabilities and the significant changes that would have to be enacted in order to change them.

Source: PENSION MATH: How California's Retirement Spending is Squeezing the State Budget by Joe Nation, PhD of the Stanford Institute for Economics and Policy Research. The report can be found at http://siepr.stanford.edu/system/files/shared/Nation_Statewide_Report.pdf. Projections are based on an assumed discount rate of 6.2 percent, which is based on a Blended 20th Century fund scenario.