5 State Mayors Advance Pension Reform Plan - Los Angeles News | FOX 11 LA KTTV

5 State Mayors Advance Pension Reform Plan

SANTA ANA (AP) - Five California mayors have filed papers to place a pension reform measure on the 2014 ballot that would allow local governments to negotiate changes in future pension benefits for current employees as well as future ones.

San Jose Mayor Chuck Reed said Wednesday that the measure, which would amend the state constitution, is intended to help cities with skyrocketing retirement costs.

The proposal would not allow cities to take away benefits that have already been accrued.

Reed is joined in the proposal by the mayors of Santa Ana, Anaheim, San Bernardino and Pacific Grove.

Public employees' unions and the California Public Employees' Retirement System are denouncing the proposal.

Steven Maviglio, a spokesman for Californians for Retirement Security, says it's an extreme measure that breaks a promise to public employees.

  • Los Angeles & SoCal NewsLos Angeles & SoCal NewsMore>>

  • Police: 5 Arrests in Killing of USC Student

    Police: 5 Arrests in Killing of USC Student

    Police say two adults and two teenagers have been arrested on suspicion of murder in the killing of a Chinese foreign exchange student from the University of Southern California.
    Police say two adults and two teenagers have been arrested on suspicion of murder in the killing of a Chinese foreign exchange student from the University of Southern California.
  • Family and Friends in Disbelief After Loss of 20-year-old After Lightning Strike

    Family and Friends in Disbelief After Loss of 20-year-old After Lightning Strike

    Monday, July 28 2014 11:50 PM EDT2014-07-29 03:50:06 GMT
    It was a gut-wrenching scene on Venice Beach Sunday afternoon after a man in a wetsuit was pulled out of the water after the lightning strike.  A helicopter search followed a report by a witness of 20-year-old Nick Fagnano floating in the water.
    It was a gut-wrenching scene on Venice Beach Sunday afternoon after a man in a wetsuit was pulled out of the water after the lightning strike.  A helicopter search followed a report by a witness of 20-year-old Nick Fagnano floating in the water.
  • Judge Rules Shelly Sterling Acted Appropriately

    Judge Rules Shelly Sterling Acted Appropriately

    Monday, July 28 2014 11:31 PM EDT2014-07-29 03:31:34 GMT
    Clippers owner Donald Sterling repeatedly consented to his wife selling the Clippers while facing the prospect of being stripped of the team by the NBA, then suddenly changed his mind and disregarded the terms of the family trust, Shelly Sterling's attorney told a judge today.
    Shelly Sterling acted properly in removing her husband as a director of the family trust that owns the Los Angeles Clippers, and she has the authority to sell the team despite Donald Sterling's objections, a judge tentatively ruled on Monday.
Powered by WorldNow

KTTV FOX 11
1999 S. Bundy Dr.
Los Angeles CA 90025

Main: (310) 584-2000
News Tips? (310) 584-2025

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | Terms of Service | Ad Choices