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Pensions initiative pulled

The landmark effort to take public pension reform straight to the people of California has been withdrawn from ballot consideration. “Beleaguered by fundraising doubts and attacks from organized labor, two former California officials said Monday they are backing off plans

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Chuck Reed: Reform measure will bite pension liability ‘elephant’

Former San Jose Mayor Chuck Reed acknowledged at a recent taxpayer forum that his latest proposed pension reform initiatives won’t solve California’s $350 billion unfunded retirement benefit liability problem. But he thinks they’ll help. “Sometimes you have to eat the

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Pension reform initiative reworked

The leaders of California’s pension reform movement have scrapped their previous effort, introducing two new schemes instead. The news added a fresh twist to the state’s long-running game of political cat and mouse, which has seen state officials labor to cast would-be reforms

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DeMaio/Reed pension reform initiative may be pushed back to 2018 ballot

Over the weekend, two sources indicated to me that the Chuck Reed/Carl DeMaio pension reform initiative would be pulled, re-written, and re-submitted to the attorney general for a new title and summary. If it is to be re-filed, it is

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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

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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