Pension/Retiree Health Initiative that Includes UC Just Keeps Advancing
Readers of this blog will know that an initiative has been filed – which appears to have some serious money behind it for a campaign – that would cover UC’s pension and retiree health care programs. In principle, it would be up to the Regents to make any plan revisions the initiative would allow. However, they would be compelled to produce an analysis of what such revisions would be and it might be politically difficult to resist implementing such plans, particularly if other state and local entities are doing it. The Legislative Analyst’s Office (LAO) has now prepared its analysis…
