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Pension Train Is Leaving the Station

Byuclafaculty

The Legislature has formed a joint committee to hold meetings around the state on public pensions. As noted in a prior blog post, the governor seems to be formulating his own proposal which he says will involve constitutional changes and need a vote of the electorate. On the joint committee:

Legislative leaders have named six lawmakers to a joint committee that will hold hearings on changes to public employee pension systems. Assembly Speaker John A. Pérez has appointed Michael Allen, D-Santa Rosa, Warren Furutani, D-Gardena and Jim Silva, R-Huntington Beach. Senate President Pro Tem Darrell Steinberg has appointed Gloria Negrete McLeod, D-Chino, Joe Simitian, D-Palo Alto and Mimi Walters, R-Laguna Niguel. Negrete McLeod and Furutani will co-chair the committee.

Full article at: http://blogs.sacbee.com/the_state_worker/2011/10/three-state-senators-named-to-pension-conference-committee.html

Will there be input in either of these forums from UCOP? As noted many times on this blog, a statewide “solution” might sweep in UC and override the changes the Regents have already made in the UC retirement system. The pension train is leaving the station.

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