Main Points of Governor Brown’s Pension Reform Plan

Main Points of Governor Brown’s Pension Reform Plan  1. Equal Sharing of Pension Costs: All Employees and Employers 2. “Hybrid” Risk-Sharing Pension Plan: New Employees 3. Increase Retirement Ages: New Employees 4. Require Three-Year Final Compensation to Stop Spiking: New Employees  5. Calculate Benefits Based on Regular, Recurring Pay to ...Read More

PUBLIC SECTOR EMPLOYEE ORGANIZATIONS NEED TO CAREFULLY CHOOSE THEIR MESSAGE IF THEY HOPE TO KEEP THEIR CURRENT PENSION BENEFITS

 As the movement for pension reform gains momentum in Sacramento and throughout California public employee organizations need to carefully look at their message, much of which has not changed in many years. First, public sector employees should be sure that their message or argument is accurate. Next, does that message ...Read More