south korea introduced the public pension system 13 years ago. people who paid into it for at least ten years receive a pension. but just under a third of the population age 65 and above have managed to contribute. they earn an average of about $275, but most have to keep working. some elderly live in rural areas and are pushed to their limits. this is the intensive care unit for people struggling with pesticide abuse. it launched last year in response to growing elderly patients trying to end their lives by drinking the poison. doctors say 95% of the patients arrive after attempting suicide. >> translator: it used to be rare for people in their 80s and 90s to take their own lives. but the number of such cases is on the rise. most are connected with financial issues. >> reporter: statistics show many suicides occur in farming communities. many seniors work their land. pesticides are always in close reach. two years ago, officials at the local mental health center started placing what they call a pesticide safety box outside the homes of elderly p

south korea introduced the public pension system 13 years ago. people who paid into it for at least ten years receive a pension. but just under a third of the population age 65 and above has managed to contribute. they earn an average of about $275, so most have to keep working. some elderly who live in rural areas are pushed to their limits. this is the intensive care unit for people struggling with pesticide abuse. it launched last year in response to growing numbers of elderly patients trying to end their lives by drinking the poison. this hospital has the country's only care unit for pesticide abuse. doctors say 95% of the patients carried into the unit arrive after attempting suicide. >> translator: it used to be rare for people in their 80s and 90s to take their own lives, but the number of cases is on the rise. most are connected with financial issues. >> reporter: statistics show many suicides occur in farming communities. many seniors work their land. pesticides are always at close reach. two years ago officials at the local mental healt

changes to the state's public pension system. ocus on improving the state's water-delivery system, and building the nation's first high-speed rail system. given his success in 20-12, brown says he's excited for the year to come. however, he says he also wants to make sure that state spending stays under control while new projects move forward. >> about three dozen protestors gathered at the consolate on arguello street just before sundown. many of them are indian expatriates and say something needs to be done to address women's rights in that country. preeti shekar, protest organizer this incident is one of many that have been going on and we are here to say that violence against women is something about it. manoj hergarwl protestor >> people without ties to india were moved to come to the vigil as well. >> marcia poole protestor ...

lockyer has asked the states' two largest pension funds, the teacher's pension fund and the california public employees retirement system which is the biggest pension fund in the entire country he's asked them to purge their portfolios of gun manufacturers if their products are illegal in california. for the latest on the story, i'm so pleased to be able to welcome inside "the war room," california state treasurer bill lockyer joining us by telephone from hayward california. bill, thank you for being here. hello again after many years. >> jennifer: for our viewers we served together as attorneys general and bill has served in many public positions. now as treasurer he's responsible for a very big portfolio and so how much money bill are we talking about with both of these funds? >> well, altogether, we're talking about $400 billion. but this particular investment that we're talking about was a little over $8 million. so that is the cerberus share of calstrs in this company was modest. it is still an important principle. we're all sort of struggling to try to figure out what's the right policy response. we all are having

better than california and illinois, which raised taxes in order to not reform their pension system, and their publicensation. not only do they not reform them, they increase them whenever they get a tax increase. so, tax increases are not part of reform. they're what politicians do instead of reform. and you can look at it through national history. but it's easier to see in the 50 states. which are the states that don't raise taxes? they're the ones who do reform government. >> we have to be careful because the most recent data show 300,000 new jobs created in california. i agree the tax scheme is crazy out there. i have no idea how they created all those jobs. but they did. here's what i'm concerned about. which is worse? the number of jobs that will be lost, because the president -- let's say he doesn't compromise on this revenue. the number of jobs being lost by the president's intransigence versus the number of jobs that could be created if we actually did not raise taxes. >> look, nfib and the small business groups say that the tax increases the president wants specifically would cost 700,000 j

withholding payments to the pension fund so send bernadino the city went bankrupt and it's the first city to ever deliberately fail to pay calipers a california public employees retirement system calipers as you point out throughout the theme here is that the bond market is coming unglued whether it's the collateral that's being questioned holding up private equity shysters like paul singer or whether it's a municipality with a pension scheme that apparently has no ability to pay out its pensioners without growth to generate coupon payments to bond market which is as you say the last you know the ok bond corral you know this thing is to blow and this is what this is what these people don't understand who constantly say well there's no inflation there's no inflation no but there is kirstie collapse baked into the cake and you're about to get a vista right is hello helpers manages two hundred forty one billion dollars in assets and these are you know two hundred forty one billion dollars that state employees think they're going to collect soon and i remember this is the big battle going on between you know ninety nine percent ninety percent of the population of america has no ho

, a life-long public servant who does deserve to double his pension to half a million dollars a year for that one year of service in bell. but the people who run california's pension systemnot. what is he asking for? >> he's trying to double his pension from $19,000 a month, which is far surpassing almost anyone else in our system as a retiree, to about $38,000 a month. >> reporter: does he deserve $38,000 a month? from the taxpayers? >> the taxpayers are outraged whenever anyone does something like trying to use fraud and deceit and hide the way of which they got paid. and you don't deserve it and it is not allowed. >> reporter: a proposed decision by a state board agrees rejecting adams appeal to increase his pension, but adams is appealing. inside his gated community, he awaits a final decision. kyung lah, cnn, simi valley, california. >>> today's world aids day. my next guest is an activist who talks about being hiv positive. yet still carving out a great life every single day. some positive words even for those without the disease. that's next. was founded back in 1894, they've been committed to putting clients first. helping generations through tough times. good ti