Proposed California Pension Reform Measure Could Save Billions
The controversial “Public Employee Pension Reform Act” – which would “reform the excessive pension benefits provided to current government employees” – would save billions over the long haul and give local governments more room to maneuver in tight fiscal times, … Continue reading
True Pension Reform May Fall to California’s Voters
Serious proposals to reform pensions of public sector workers finally are coming forward – Gov. Jerry Brown offered a plan that takes modest steps and the latest is a promising initiative advocated by a former assembly member. They come none … Continue reading
Governor Brown Is Avoiding Real Pension Reform for California
Gov. Jerry Brown’s initial foray into the debate about reforming the pension systems for government employees was greeted by derision from both sides, which is not unexpected given his predicament. The governor understands as well as anyone that California cannot … Continue reading