LOS ANGELES (CBS) — Los Angeles Mayor Antonio Villaraigosa is calling for pension reform for city workers.

In a letter dated Tuesday, Villaraigosa ordered the city’s top budget analyst to expedite a report detailing ways the city can enact several changes.

The proposed changes include:

– raising the retirement age from 55 to 67 for new civilian hires

– reducing the maximum amount of money retired city workers can receive through pensions

– cutting the amount the city will pay for retirement health care in half

– cutting coverage for spouses and dependents

The mayor’s suggestions are likely to face stiff opposition from city employee unions.

Comments (2)

Leave a Reply

Please log in using one of these methods to post your comment:

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More From CBS Los Angeles

Weather Team
Goldstein Tipline

Watch & Listen LIVE