January 5, 2012
Pension reform debate is about to heat up
The next few weeks will draw the lines more sharply in the 2012 debate over public employee pensions. A road map:
On Monday, the attorney general's office expects to issue the titles and descriptive summaries for two potential November ballot initiatives that aim to cut government pension costs.
One of the measures backed by California Pension Reform would put newly hired state and local government workers into "defined contribution" plans similar to a 401(k) account...
LINK - SacBee.com