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San Jose mayor files public pension initiative
Sacramento Bee ^ | October 15, 2013 | By Jon Ortiz

Posted on 10/16/2013 5:50:37 AM PDT by Oldeconomybuyer

In a move that portends a labor firestorm, San Jose Mayor Chuck Reed and four other city leaders filed papers on Tuesday aiming to put a public pension measure on the November 2014 statewide ballot.

If approved, the measure would change the California Constitution to give state and local government authority to lower current employees’ pension and retiree health benefits prospectively.

(Excerpt) Read more at sacbee.com ...


TOPICS: Constitution/Conservatism; News/Current Events; Politics/Elections; US: California
KEYWORDS: pensions; publicunions; publicworkers; unions

1 posted on 10/16/2013 5:50:37 AM PDT by Oldeconomybuyer
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To: Oldeconomybuyer

Would it also give the authority to raise them?


2 posted on 10/16/2013 6:31:22 AM PDT by rawhide
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