NEW LIFE FOR PENSION REFORM THIS YEAR?

In a surprise move, state GOP leaders last week introduced a series of bills that mirror Governor Brown’s 12-point pension reform plan, which had been considered all but dead this year. This puts Democratic leaders in the Legislature in somewhat of an awkward spot, and they must now either oppose the bills or come up with meaningful reform ideas themselves.  There will clearly be many more acts in this play before it’s over, so don’t change channels.  With pension reform among the Council’s top priorities this year, President and CEO Jim Wunderman will be in Sacramento this week to meet with the Governor’s pension team and legislative leaders to discuss what happens next. To learn more about the Council’s pension reform work, contact Policy Vice President Matt Regan at (415) 946-8710 or mregan@bayareacouncil.org.