I appreciate you and Motley providing this information. I'm still getting fully up to speed on PERS history. But I do have one question: if the changes you mention have been effective in reducing the most generous pension payouts, while is PERS in crisis today? I do know that the recent reduction of the assumed rate of return on PERS investments had a big impact on what the taxpayers had to make up. And of course, the assumed rate of return is still way too high, so more pain to come for the taxpayers. Perhaps more focus should be put on the way PERS invests, investment costs, etc. Not that the rate of return will get back to 7 percent any time soon, but I do know, for example, that its hedge fund and private equity investments have underperformed for the better part of a decade. Simplifying its investments and shedding the losers all would save fees and possibly lead to a greater rate of return.