5 State Mayors Advance Pension Reform Plan - FOX 10 News | myfoxphoenix.com

5 State Mayors Advance Pension Reform Plan

SANTA ANA (AP) - Five California mayors have filed papers to place a pension reform measure on the 2014 ballot that would allow local governments to negotiate changes in future pension benefits for current employees as well as future ones.

San Jose Mayor Chuck Reed said Wednesday that the measure, which would amend the state constitution, is intended to help cities with skyrocketing retirement costs.

The proposal would not allow cities to take away benefits that have already been accrued.

Reed is joined in the proposal by the mayors of Santa Ana, Anaheim, San Bernardino and Pacific Grove.

Public employees' unions and the California Public Employees' Retirement System are denouncing the proposal.

Steven Maviglio, a spokesman for Californians for Retirement Security, says it's an extreme measure that breaks a promise to public employees.

  • Los Angeles & SoCal NewsLos Angeles & SoCal NewsMore>>

  • It's all over but the arguing in Sterling trial

    It's all over but the arguing in Sterling trial

    Only final arguments and a ruling remain in the trial to determine whether Donald Sterling's estranged wife can sell the Los Angeles Clippers to former Microsoft CEO Steve Ballmer for $2 billion.
    Only final arguments and a ruling remain in the trial to determine whether Donald Sterling's estranged wife can sell the Los Angeles Clippers to former Microsoft CEO Steve Ballmer for $2 billion.
  • LAX-Bound Drivers Brace For Weekend 'Century Crunch' Road Closure

    LAX-Bound Drivers Brace For Weekend 'Century Crunch' Road Closure

    Saturday, July 26 2014 1:55 AM EDT2014-07-26 05:55:07 GMT
    Transportation officials are warning that a road closure near Los Angeles International Airport will cause heavy traffic and delays this weekend. Starting Friday night, a bridge demolition project will shut down the intersection of Century and Aviation boulevards.
    Transportation officials are warning that a road closure near Los Angeles International Airport will cause heavy traffic and delays this weekend. Starting Friday night, a bridge demolition project will shut down the intersection of Century and Aviation boulevards.
  • The Case Of The Porcelain Dolls Mystery Has Been Cracked

    The Case Of The Porcelain Dolls Mystery Has Been Cracked

    Saturday, July 26 2014 1:54 AM EDT2014-07-26 05:54:33 GMT
    Investigators are not sure if it's a prank or something more sinister, but someone has placed porcelain dolls on the front porches of at least eight homes in San Clemente.
    Investigators are not sure if it's a prank or something more sinister, but someone has placed porcelain dolls on the front porches of at least eight homes in San Clemente.
Powered by WorldNow

KSAZ-TV & KUTP
511 W. Adams St.
Phoenix, AZ 85003

Phone: (602) 257-1234
Fax: (602) 262-0177

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | Terms of Service | Ad Choices