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.
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By Jon Ortiz, Sacramento Bee
A proposed ballot measure that would make future pension benefits subject to voter approval is fraught with legal and administrative peril, according to a letter from CalPERS’ chief executive officer, eliciting a response from one of the measure’s proponents that the assessment is a “lie.”
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.
By Jon Ortiz, Sacramento Bee
Legislative Analyst Mac Taylor said this week he doesn’t know what would happen if a new public pension ballot proposal becomes law.
What does the "Voter Empowerment Act" really do?
Contrary to its misleading name, this ballot measure is a sweeping attack on the retirement security of teachers, nurses, firefighters, peace officers and other public servants.
The ballot measure proposed by former San Jose Mayor Chuck Reed and former San Diego City Councilman Carl DeMaio is a dramatic attack on the retirement security of teachers, nurses, firefighters, police and other public employees. Disguised as the “Voter Empowerment Act,” the measure undermines benefits to existing and new employees.
By Steven Maviglio, Fox & Hounds
July 29, 2015
The Legislative Analysts Office may have dealt the death knell to an effort to slash the retirement security of California’s teachers, firefighters, peace officers, bus drivers and other public employees this week with a candid assessment of its impact.
Pursuant to Elections Code Section 9005, we have reviewed a constitutional initiative related to compensation and retirement benefits for state and local governmental employees in California (A.G. File No. 15-0033).
by Dave Low
In their never-ending effort to force-feed warmed-over political ideas to a skeptical public, the pension attackers are back, using new poll-tested language and focus-grouped talking points to undermine retirement security for millions of working families.
SAYS COULD OPEN THE DOOR TO ELIMINATE DEATH & DISABILITY BENEFITS FOR PUBLIC SAFETY, IMPACTS COLLECTIVE BARGAINING, LIKELY TO INCREASE OTHER COMPENSATION COSTS TO ATTRACT AND RETAIN EMPLOYEES