February 21, 2011
Legislative analyst urges pension reductions throughout public sector
The nonpartisan state Legislative Analyst's Office urged action Thursday to reduce pensions for future employees throughout the public sector, an issue that some Republicans have demanded be part of budget talks.
The office recommended that lawmakers act not only on state employee pensions, but on retirement benefits for the University of California system, teachers and county government workers.
"From our perspective, this seems unsustainable," Jason Sisney, director of state finance for the Legislative Analyst's Office, said in a phone interview...
LINK - SacBee.com
