“It Ain’t Over ‘Til It’s Over” May Apply to the UC Pension
In previous posts on this blog, we kept you informed on the various steps up to the pension changes adopted by the UC Regents last December. But we have also noted that what the Regents did may not be the final word. There could be an initiative on the ballot that would override what the Regents did, sweeping UC into some general state/local pension changes. Most recently, the Legislative Analyst indicated the state might aid UC’s pension funding – but for a price involving some further changes. See the earlier post on that development. In this post, two reports are…