Tag "Chuck Reed"

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San Jose scraps pension reform measure

In a remarkable move, the city of San Jose walked back its high-profile Measure B scheme to reform its costly public pensions commitments. Striking a deal Losing police to other jurisdictions, Mayor Sam Liccardo faced “enormous pressure to reach a settlement,”

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CA pension reformers push ballot measure

The struggle over reforming California’s public pension system has been taken up a new notch. Given the poor track record of past efforts to reform pensions on the statewide level, a bipartisan alliance of former municipal leaders, including ex-San Jose Mayor Chuck Reed and

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Campaign 2016: Bipartisan group files pension reform initiative

The battle over California’s out-of-control public employee pensions could soon move from the courtroom to the ballot box. A bipartisan group of pension reform advocates, led by former San Jose Mayor Chuck Reed and former San Diego Councilman Carl DeMaio, recently filed a

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DeMaio, Reed team up for 2016 pension fight

The dynamic duo of California pension reform are teaming up in 2016. Former San Diego City Councilman Carl DeMaio and former San Jose Mayor Chuck Reed, both of whom successfully passed pension reform in their respective cities during their time

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Retirement will be painful for most

In an excellent column in the U-T San Diego, Dan McSwain paints a grim retirement picture for almost everybody: For most Americans, it’s tempting to live in denial or outright fantasyland when it comes to paying for retirement. That’s because

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Pension reformer Chuck Reed will fight on 28

San Jose is in the center of the world’s economic pulse, Silicon Valley. By all rights, its city treasury ought to be overflowing with digital wealth. Instead it has flirted with bankruptcy because of its burgeoning pension problem — a problem

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CalPERS’ $100K club increases 900% 74

Let the good times roll! for those getting pensions from the California Public Employees Retirement System, anyway. The Register reported: Back in 2005, some 1,841 retirees pulled down more than $100,000 a year in pension checks from the California Public

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San Jose Mayor Reed folds on pension initiative 57

In a disappointing indicator of the challenges facing public pension reform, outgoing San Jose Mayor Chuck Reed has shelved his statewide ballot initiative designed to address the problem. The mayor blames a time crunch and unappealing language used in Attorney

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Pension reform waits till 2016 34

The pension reform of San Jose mayor Chuck Reed, a Democrat, is going to have to wait till 2016: The proposed initiative would have allowed local governments to reduce benefits for current employees, which have strained the finances of California

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