California Mayors Offer Pension Overhaul Ballot Measure
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Five California mayors are campaigning to put a measure on next year’s statewide ballot to let local governments change retirement benefits for current public workers.
The effort, needing more than 807,000 petition signers to qualify, wouldn’t alter pension and health-care benefits that the employees have already earned, the mayors of San Jose, San Bernardino, Santa Ana, Anaheim and Pacific Grove said yesterday.