Reneggers: Retirement redux referendum revealed

Oct 16th, 2013 | By | Category: Paco's Podium, PERS, Politics-Relevant;, Retirement, Spotlight, Unions
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San Jose mayor files public pension initiative

Civil Service retirees are in for a rude awakening if San Jose Mayor Chuck Reed has his way.

Civil Service retirees are in for a rude awakening if San Jose Mayor Chuck Reed has his way.

Jon Ortiz | Sacramento Bee

In a move that portends a labor firestorm, San Jose Mayor Chuck Reed and four other city leaders filed papers on Tuesday aiming to put a public pension measure on the November 2014 statewide ballot.

If approved, the measure sent to Attorney General Kamala Harris would change the California Constitution to give state and local government employers authority to lower current employees’ pension and retiree health benefits prospectively…

…The language matters because it influences how voters perceive what the proposal accomplishes or whom it harms.

Last year, for example, another group complained that Harris, a union-friendly Democrat, skewed their measure’s title and summary so unfairly that it stood virtually no chance of passage…

“We’ve drafted accordingly,” Reed said, by designing an initiative that gives government agencies the “tools” to cut pension costs without prescribing how they do it…(Full text at Sacramento Bee)

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One Comment to “Reneggers: Retirement redux referendum revealed”

  1. Bob Walsh says:

    If such a thing makes it to the ballot and it passes it will probably generate a massive wave of retirements. That government agencies covered MIGHT like that as it would get rid of a lot of their senior, highly paid staff and make room for more junior, less well paid, staff. The loss of expertise, however, would be hard to handle.