Jody Olson, chairman of the PERSI board, told the Associated Taxpayers of Idaho, "PERSI is not like Social Security, and it's not going broke. ... It is sustainable for the future." For a public employee retirement system to be 80 percent funded is considered "excellent," Olson said. "Ours is now, as of yesterday, 86 percent funded. ... We're pretty bullish on the future."