With Democrats promising pension reform legislation by the end of this month, a statewide business group is pushing lawmakers to accept Gov. Jerry Brown's 12-point plan to change state and local retirement benefits.
In a letter to the governor and lawmakers on Monday, 15 members of the Regional Economic Association Leaders Coalition called the Brown plan "an important first step toward returning our pension obligations to a state of fiscal sustainability."
The signatures on the letter (posted below) include former GOP state lawmaker Roger Niello, now president and CEO of the Sacramento Metro Chamber of Commerce, and his counterparts from Los Angeles, San Francisco and several other city and regional business organizations from around California.
Brown, a Democrat, rolled out proposed legislation earlier this year that fleshed out his 12-point reform plan. He has said nothing about it since GOP lawmakers in February co-opted the proposals in their own legislation.
Meanwhile, a special committee on pensions has been working on its own pension reform legislation. Senate President Pro Tem Darrell Steinberg, D-Sacramento, has said lawmakers will pass a pension measure before the legislative session ends Aug. 31.
REAL Coalition Letter on Pension Reform
PHOTO: Jerry Brown / 2012 Sacramento Bee file, Hector Amezcua