Gov. Brown Says Pension Proposal Will Involve Constitutional Changes & a Vote of the People
At the Milken Institute State of the State conference today (attended by yours truly), Governor Brown was asked by Michael Milken about public pensions in California. (Cell phone photo of conference event at right.) Brown indicated he was working on a proposal on pensions – but did not give a precise date when it would be unveiled. He did say that it would involve a constitutional amendment that would have to be approved by a vote of the people. It was unclear what the coverage of the pension proposal would be. All state and local pensions in California? Just state-level…
