Dave Low Statement on AG's Title & Summary of "The Pension Reform Act of 2014"

October 17, 2013

Contact: Steven Maviglio, 916-607-8340

"We are disappointed that the Attorney General's title and summary of the Reed measure doesn't speak to the main motivation of its proponents: to slash the retirement benefits and retiree health care of current and future employees. The title should have prominently noted the elimination or cuts to pensions and retiree health care that this measure authorizes.  It should also have noted the proposal's provisions to invalidate negotiated contracts.  While the title and summary describes the repeal of Constitutionally vested rights to pensions and retiree health care, Teachers, nurses, and firefighters -- by far the largest groups of municipal public employees -- deserve to have voters know exactly how their retirement security will be put at risk with this measure."