Editorial Urges More Reforms To Resolve ‘Pension Crisis’
A Sacramento Bee editorial argues that Gov. Jerry Brown (D) and lawmakers have not "solved the state's pension crisis with last year's modest reforms," adding that more pension reform "is essential" to "protect government workers, the public and taxpayers." According to the editorial, "[o]ne sensible reform ... would allow current workers to keep the retirement benefits they have already earned but reduce future benefits to a lower and more affordable rate."
- "Editorial: Day of Reckoning Is Coming for CalPERS Board" (Sacramento Bee, 4/13).