Wednesday
April
23
2014
10:49 am
Weather
  Home
  Local News
  State / National / World
  Sports
  Opinion / Letters
  Business
  Arts / Entertainment
  Lifestyle
  Obituaries
  Calendar
  Submit Event
  Comics / Games
  Classifieds
  DJ Designers
  Archives
  Advertise With Us
  About Us
 
 
 
 

Check out our archive of Dining Guides - Yum!

Five mayors introduce pension reform proposal
October 16, 2013, 05:00 AM The Associated Press

SAN FRANCISCO — Five California mayors have submitted a proposed ballot initiative that they say could fix the skyrocketing cost of public employees’ retirement plans.

The measure, called the Pension Reform Act of 2014, would amend the state constitution to give government agencies authority to negotiate changes to benefits.

The mayors say it would protect retirement benefits that government employees have already earned but allow them to be modified for future years of service.

The mayors behind the proposal are Bill Kampe of Pacific Grove; Pat Morris of San Bernardino; Miguel Pulido of Santa Ana; Chuck Reed of San Jose; and Tom Tait of Anaheim.

They’re hoping it will qualify for the November 2014 ballot.

Union leaders called the proposal extreme by letting public employers cut the retirement benefits promised to workers.

 

 

Tags: retirement, benefits, mayors,


Other stories from today:

Obama administration projected strong health plan signups
Mosque bombing kills governor in east Afghanistan
Treasury deadline looming: House shutdown plan fails; now Senate
 

 
Print this Page Print this Page  |  Bookmark and Share
<< Back
 
Return To Archives
 
  


 
 
 
Daily Journal Quick Poll
 
What do you think of the Warriors' proposal to move to Mission Bay?

Smart, a better location
Still like the waterfront arena concept
Wish they would stay in Oakland
Anywhere in San Francisco is good
How about the Burlingame waterfront?

 

 
Tabbed Structure - Regular
 
 
 
 
 
First lady announcing one-stop job site for vets
WASHINGTON — Aiming to streamline employment resources for people leaving the military, the govern..
South Korea ferry toll hits 156 as search gets tougher
JINDO, South Korea — As the 156th body was pulled from waters where the ferry Sewol sank a week ag..
Michigan man among first in U.S. to get 'bionic eye'
ANN ARBOR, Mich. — A degenerative eye disease slowly robbed Roger Pontz of his vision. Diagnose..
More >>  
 
 
  
 
  
 
©2014 San Mateo Daily Journal
San Carlos news