Public Pensions: What to Expect in 2013

Thor's Assistant Rostra Administrator (Thor's Assistant) 1 Comment

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Courtesy of the San Diego County Taxpayers Association

The San Diego County Taxpayers Association (SDCTA) is keeping a close eye on several significant changes to public employee pensions expected to impact state and local governments starting next year.

Several stem from Assembly Bill 340, or “Public Employees’ Pension Reform Act of 2013.” The bill, recently signed by Governor Jerry Brown, impacts new state and local public employees enrolled in CalPERS and the pension benefits they receive. SDCTA prepared a brief summary comparing the changes to current law, as well as to initial pension reforms Governor Brown suggested.

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Comments 1

  1. Get Jerome Stocks in there and he will give the public employees (and council like himself) another 35% increase in pensions payments forever. Its because Republicans like him (RINOS) why we have this huge problem. Some people have no integrity.

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