The pension reform stampede is about to finally overrun California’s political status-quo for three reasons. (1) Pension debt is out of control. Most reasonable (unofficial) estimates put California’s total unfunded liabilities for state and local pensions at around $500 billion. (2) Required agency contributions are set to double. (3) Active cases before the California Supreme Court, set to be decided within a year, will likely enable more meaningful pension reform measures at the state and local level. Serious pension reform may soon become politically feasible, and it’s about time.