Initiative & Referendum: Pension Reform in 3 steps

California pension-reform advocates, calling for The Voter Empowerment Act, are working to get pension reform on the California ballot.

The pension reforms they want:

• amend the state constitution to require voter approval for defined-benefit pensions for new public employees
• Voter approval for any enhancements to current employees’ pensions
• Voter approval for the establishment of any pensions in which government subsidizes more than 1/2 of a public employee’s retirement benefit.

Who are the backers?

• Mayors of the bankrupt cities of mayors of San Bernardino and Vallejo

Governing