Gov. Jerry Brown will give lawmakers his plan for pension changes on Thursday, the governor said in a letter to legislators this afternoon, though it remains unclear what Brown will propose.
"Given the paramount importance of pensions to both taxpayers and public employees, it is absolutely critical that we carefully examine our current assumptions and practices," Brown said in a letter to Sen. Gloria Negrete McLeod, D-Chino, and Assemblyman Warren Furutani, D-Gardena. "We have to do our best to make sure that we have a system that is fair and truly sustainable over the long time horizon that our pension and health systems require."
The Democratic governor has said for weeks that he would propose pension changes this fall. He recently said some of them will require a constitutional amendment and a vote of the people.
Brown's letter comes on the eve of an informational hearing Wednesday in Carson by the new Joint Conference Committee on Public Employee Pensions, which is chaired by Furutani and Negrete-McLeod.