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California Governor Brown and legislators agree on a pension overhaul promising to lower...

California Governor Brown and legislators agree on a pension overhaul promising to lower benefits and increase costs for future state employees. Among the reforms is the capping of salary that will be considered for pension purposes, and no more "pension holidays" allowing both employee and employer to skip contributions during flush times.
Comments (6)
  • wigit5
    , contributor
    Comments (4233) | Send Message
     
    What, say it ain't so!
    28 Aug 2012, 03:14 PM Reply Like
  • Wyatt Junker
    , contributor
    Comments (4501) | Send Message
     
    Nowhere NEAR enough.

     

    Not even close.
    28 Aug 2012, 03:16 PM Reply Like
  • tomlos
    , contributor
    Comments (1227) | Send Message
     
    It's Jerry Brown what can we expect?
    28 Aug 2012, 03:17 PM Reply Like
  • montanamark
    , contributor
    Comments (1452) | Send Message
     
    LOL - now state employee retirees will have to suffer a cut from $120 k /yr to 118K
    28 Aug 2012, 03:18 PM Reply Like
  • chopchop0
    , contributor
    Comments (4103) | Send Message
     
    Maybe they are trying to save up to buy more IPads LOL

     

    http://huff.to/PpuvrS
    28 Aug 2012, 03:20 PM Reply Like
  • youngman442002
    , contributor
    Comments (5129) | Send Message
     
    This is only new employees....not the trillions needed now...they have to cut existing pensioners...period..end of story..
    28 Aug 2012, 03:55 PM Reply Like
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