Contact: Steven Maviglio, 916-607-8340
Statement of Dave Low, Chairman, Californians for Retirement Security, on Court Ruling on Chuck Reed's Statewide Pension Measure
"This decision simply affirms what Mayor Reed and his allies have publicly proclaimed: the real purpose of the mayor’s attack on retirement security is to eliminate the vested pension rights of teachers, firefighters, public safety officers and millions of other hard working Californians.
The measure is effectively dead for 2014 and perhaps 2016 as well. We continue to believe that the bargaining table -- not the ballot box -- is the proper place to address the budget challenges facing our communities and state. California's teachers, firefighters, school bus drivers, nurses and other public employees remain committed to working to ensure that our public pension systems are healthy and provide the retirement security we have earned."