Monday, May 07, 2012
Meanwhile - in San Diego, CA - Proposition B
This will be interesting to watch...
Chris Reed has the story at City-Journal.org:
"A key battleground is San Diego. In June, voters will decide on Proposition B, the Comprehensive Pension Reform Initiative. It would end defined-benefit pensions for all new city hires except for police officers, instead providing pensions similar to 401(k)s. It would prevent pay sweeteners from being added to base salary when calculating pensions, and it would require city workers to pay a bigger share of their pension costs. Finally, Prop. B would mandate a five-year salary freeze."
