The State Worker

Chronicling civil-service life for California state workers

January 18, 2012
One public pension initiative dies; more face looming deadlines

The herd of public pay and pension reform ballot measures is thinning out.

One pension fund reform measure is dead and several others will soon miss their petition deadlines.

Meanwhile, two plans backed by California Pension Reform are just a few days into the 150-day period to gather and submit signatures. The Sacramento-based group hasn't yet announced which measure it will promote. It has until mid-June to qualify a proposal for the November ballot.

We've called and left messages with the proponents of measures that are approaching their deadlines. If they call back with news, we'll report it here.

Here's a scorecard with links to measures facing deadlines this month or next:

Dead

Title: Requires minimum investment by public pension or retirement systems in California businesses.
What it does: Requires all state and local public pension funds to invest 85 percent of their assets in California businesses.
Circulation deadline: Jan. 12 (expired)
Proponent: Michael Lee Madsen Sr.

Approaching deadline

Title: Eliminates Collective Bargaining Rights for Teachers, Nurses, Police Officers, Firefighters, and Other Public Employees.
What it does: Eliminates collective bargaining rights for public employees.
Circulation deadline: Feb. 3.
Proponent: Alan Oliver Ebenstein c/o Lanny Ebenstein

Title: Increases Income Taxes on Teachers, Nurses, Police Officers, Firefighters, and Other Public Employees for Pension Income.
What it does: Increases the income tax rate by up to 25 percent on public pensions over $100,000.
Circulation deadline: Feb. 3.
Proponent: Alan Oliver Ebenstein c/o Lanny Ebenstein

Title: Increases Retirement Age for Teachers, Peace Officers, and Other Public Employees.
What it does: Increases the minimum retirement age to 65 (or 58 for sworn public safety officers) for members of the California Public Employees' Retirement System and the California State Teachers' Retirement System
Circulation deadline: Feb. 3.
Proponent: Alan Oliver Ebenstein c/o Lanny Ebenstein

Title: Reduces Pension Benefits for Public Employees. Creates a New State Retirement System for Private Sector Employees.
What it does: Reduces pension benefits for current and future public employees and creates a new state-run retirement system for private-sector workers.
Proponent: Edward J. (Ted) Costa, Robert J. Matteoli
Circulation deadline: Feb. 10.

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About The State Worker

Jon Ortiz The Author

Jon Ortiz launched The State Worker blog and a companion column in 2008 to cover state government from the perspective of California government employees. Every day he filters the news through a single question: "What does this mean for state workers?" Join Ortiz for updates and debate on state pay, benefits, pensions, contracts and jobs. Contact him at (916) 321-1043 and at jortiz@sacbee.com.

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