Editorial: Loophole Must Be Cut From Pension Reform Bill
A San Jose Mercury News editorial argues that the new public pension reform bill (AB 340) "falls far short" of meeting Gov. Jerry Brown's (D) goal "to control public employee pension costs" because "it contains a huge loophole that will invite more pension spiking." However, it concludes that "if lawmakers close the one glaring loophole they created, it's worth passing as a down payment on pension reform."
- "Mercury News Editorial: Take Loophole Out, Then Pass Pension Bill" (San Jose Mercury News, 8/31).