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California: Council gives green light to retirement benefits initiative | Citizens in Charge Foundation

California: Council gives green light to retirement benefits initiative

Wed, Jun 16 2010 — Source: The Record Searchlight

Redding will push ahead with a pair of ballot measures asking voters to curtail retiree benefits. The City Council voted 3-2 late Tuesday night to approve the measures for the Nov. 2 election. One initiative will ask voters if the council should enter negotiations asking workers to pay a portion of their California Public Employees’ Retirement System pensions. The requirement would be phased in over the length of the contract up for negotiation.

Read the story from The Record Searchlight



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