Do Onto Others But Not Onto You
Background: With the late Keith Richman, OC supervisor John Moorlach has been a major figure in the movement to move public employees in California from defined-benefit pension to defined contribution. (Meg Whitman had favored DC and might have put it on the ballot, had she been elected governor. That possibility – a ballot initiative – still exists.) When confronted with changing his pension to DC, Mr. Moorlach seems to be having second thoughts: Supervisors Will Study Giving Up Pensions November 9, 2010, Voice of OC Newly elected Orange County Supervisor Shawn Nelson made another baby step Tuesday toward his goal…
