Contact: Steven Maviglio, 916-607-8340
Statement on San Jose Pension Decision by Dave Low, Chairman, Californians for Retirement Security
"Breaking the promise by eliminating the vested benefit rights of police officers and other public employees is a non-starter in the courts and with the public. Chuck Reed spent more than $3 million in taxpayer dollars in a quixotic legal battle, which will be the tip of the iceberg of the legal costs that will result if his proposed statewide measure moves forward. Nearly 400 other leaders across the state have negotiated nearly 600 new agreements with unions to face solve their fiscal challenges. It's time for Chuck Reed to stop declaring legal and political war on police, firefighters, teachers, and other political employees and do the same."
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