Press Releases

Statement of Dave Low, Chairman, Californians for Retirement Security, on Attorney General's Title & Summary of DeMaio/Reed Pension Measure

We strongly disagree with the Attorney General's elimination of the specific mention of teachers, nurses, police and firefighters in the title and summary. They are the bulk of the public servants whose retirement security and death and disability benefits would be abolished by this heavy-handed measure. The inclusion of these professions in a previous version of this measure had already passed legal muster, even after multiple appeals by Chuck Reed.

CalPERS to Bonta: DeMaio/Reed Pension Measure Would Eliminate Retirement Security for Both Existing and Future Public Servants

SACRAMENTO - The proposed ballot measure authored by former San Diego City Council member Carl DeMaio and former San Jose Mayor Chuck Reed would eliminate constitutional protections for the retirement security of both existing and future public servants, according to a letter to Assemblymember Rob Bonta (D-Oakland), Chair of the California Assembly's Committee on Public Employees, Retirement, and Social Security.

Bonta: CalSTRS Says Pension Ballot Measure Would Negatively Impact Teacher Retirement Security, Stability of Pension Fund, Increase State Costs

SACRAMENTO - The retirement security of California's retired, current, and future teachers and the stability of the state's pension fund for educators would be put at risk if a ballot measure addressing those issues is approved by California voters next November, according to an internal analysis by CalSTRS, requested by and released by Assemblymember Rob Bonta (D-Oakland), Chairman of the Assembly's Committee on Public Employees, Retirement, and Social Security.

Chuck Reed, Carl DeMaio Plan Draws Huge Protest in Sacramento

More than 100 firefighters, teachers, police officers, school employees and other public servants today protested an expected November 2016 ballot measure that would eliminate retirement security for millions of Californians.

The demonstration took place outside a meeting hosted for proponents of the effort by the right-wing Reason Foundation featuring former San Jose Mayor Chuck Reed and former San Diego city council member Carl DeMaio.

Oakland Pension Expert Teague Paterson on Stockton Ruling

In response to Judge Klein’s opinion approving Stockton’s bankruptcy plan today, leading pension attorney Teague Paterson of Beeson, Tayer & Bodine, who filed an amicus brief for Peace Officers Association of California in this case, has made the following statement: