Lincoln Club lauds court ruling on pension reform

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Guest Commentary by Brian Pepin, Executive Director, The Lincoln Club of San Diego County Nearly five years ago, San Diego voters overwhelmingly approved Proposition B with 66% of the vote. The intent of Prop B was to reform the city employee’s retirement plan by replacing defined benefit pension plans with 401(k)-style defined contribution plans for most new employees. Organized labor eventually challenged …

Court Ruling Clears Way for Permanent Implementation of San Diego Pension Reform Initiative

Press Releases / Media Advisories Carl DeMaio, Press Releases / Media Advisories 1 Comment

“Amazing news just in from the courthouse!” says Carl DeMaio. PRESS RELEASE The 4th Appellate District Court just released a unanimous ruling dismissing the lawsuit brought against the City of San Diego by the union-dominated State Public Employees Relations Board (PERB).  The decision upholds Proposition B – the landmark Pension Reform Initiative passed by 2/3rds of San Diego voters in …

When Pension Reform Goes Bipartisan

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Eventually the mathematical results of under-funding ever more generous pension benefits for state and local employees becomes a problem for Democrats too.  Illinois legislators are expected to vote this week on pension reform that would pare back pension benefits in three important ways. Reducing cost of living increases. Increases retirement age. Capping the salary amount available for pension calculations. There …