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Pension Reform

California To Begin Furloughing State Workers

5 California Mayors Want State Constitutional Amendment For Pension Reform

Mayors of five California cities have filed papers with the state to place an initiative on next year’s ballot that would amend the state’s constitution to allow local governments to negotiate changes in pension benefits for current and future employees.

10/21/2013

(CBS)

Mayor Garcetti Refutes Claims City Headed For Bankruptcy

Dan Pellissier, president of the group California Pension Reform, contends L.A. may be just a few years away from becoming unable to repay its debts if costs aren’t kept down.

KNX 1070 NEWSRADIO–07/24/2013

Eric Garcetti vs. Wendy Greuel. (credit: CBS)

L.A. Mayoral Candidates Receive Endorsements

As the race for the new mayor of Los Angeles heats up, both candidates received big endorsements from local groups on Tuesday.

03/19/2013

(credit: Justin Sullivan/Getty Images)

Law Restricts Pension Cuts For Existing Workers

The bulk of the projected savings in the pension-reform deal announced by Gov. Jerry Brown won’t be felt for decades because most of the proposed changes will affect employees who have yet to be hired.

CBS2 / KCAL9–08/29/2012

(credit: CBS)

Unions Blast Gov. Jerry Brown’s Pension Plan

Gov. Jerry Brown announced a “historic pension reform agreement” Tuesday that will cap pensions and raise employee contributions and the retirement age.

CBS2 / KCAL9–08/28/2012

Jerry Brown

Jerry Brown: California, Country Facing ‘Regime Crisis’ Similar To The Civil War

Brown took a break from his statewide budget crisis tour this weekend and sat down with CBS 2/KCAL 9 political reporter Dave Bryan for a no-holds-barred interview.

CBS2 / KCAL9–04/10/2011