Legislative News

Kamala Harris Officially Names Proposed Pension Measure

Posted: 8/12/2015 Tags: pension Tags Views: 643

The DeMaio/Reed Pension Measure has now been renamed “Public Employees. Pension and Retiree Healthcare Benefits. Initiative Constitutional Amendment.” by Attorney General Kamala Harris yesterday August 11, 2015. Kristin Ford, Harris’ press secretary, stated “We issued a title and summary that is based on independent analyses and gives voters a clear and accurate description of the proposed initiative.”

Dave Low, the head of a pro-labor group called Californians for Retirement Security, said in a statement “This Tea Party-backed measure is a back-door way of repealing Constitutionally-vested and promised rights to retirement security and health care and breaks contracts negotiated through collective bargaining.” However, on the opposite side of the fence, pension reform proponents rejected Attorney General Kamala Harris’ official description of the measure as an attempt “to try to mislead the public.”

Click here to read the official summary from the Office of the Attorney General’s website.

Click here to read the SacBee article on this subject.


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Legislative Analysts Office Comments on Proposed Pension Measure

Posted: 7/31/2015 Tags: pension Tags Views: 536

 

The Legislative Analysts Office released a report of its analysis of the latest DeMaio/Reed Pension Measure. In concurrence with ACSS’ standpoint, the LAO also feels that “There is significant uncertainty as to the magnitude, timing, and direction of fiscal efforts of this measure and its effects on current and future governmental employees compensation.” In addition, David Low, Chairman of Californians for Retirement Security, compares the measure to the “Trojan horse that will undermine the retirement security of millions.”

Click here to read the press release on the LAO’s analysis.

In addition, the LAO has also released full text of the ballot proposal for more in-depth specifics.


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Proposed Pension Reform Measure FAQ’s: What does the “Voter Empowerment Act” really do?

Posted: 7/29/2015 Tags: benefits pension retirement Tags Views: 729

Are you confused about the latest pension reform proposal?

  • How will it affect you and your pension?
  • How will this measure impact California’s economy?
  • What does “Voter Empowerment” really mean?

It is easy to misinterpret the latest proposed pension measure that Chuck Reed and Carl DeMaio hope to put on the 2016 ballot. Contradictory to its name, the Voter Empowerment Act is an attack on the rightful retirement benefits of all state workers. LetsTalkPensions.com has provided ACSS with an exclusive and thorough Frequently Asked Questions document to help you fully understand the scope of this controversial proposed ballot measure. Make sure you have the facts!


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Analysis of Reed/DeMaio Pension Reform Measure Reveals Deception and Breaks 60-Year-Old “California Rule”

Posted: 7/24/2015 Tags: pension politics Tags Views: 1025

Sacramento labor attorney Lance Olson weighs in on the latest pension reform measure proposed by Reed and DeMaio called the “Voter Empowerment Act of 2016”. Further analysis of the language of the measure reveals confusing, detrimental and contradictory verbiage. “I’ve looked at a lot of initiatives, and this one is pretty far out there.” Olson tells Capital & Main. The measure cleverly hides language that attempts to uproot 60 years of statutory law by bypassing the collective bargaining process altogether.

Furthermore, Amy Brown, publisher and editor of the statewide monthly Public Retirement Journal, chimes in and explains “The proposal attempts to eliminate all vested benefits rights for future and current employees.” If the collective bargaining process is bypassed and pension-changing measures are put on the ballot, voters could potentially (and inadvertently) vote for decreased pension contributions, and without bargaining, nothing could stop it from happening.

The 60-year-old “California Rule” established that the retirement plan in effect at the time of a public employee’s hire can’t be changed unilaterally. It is part of the California Constitution’s Contract Clause as a primary vested right, and also makes future pension benefits earned at the job a collateral right. The Voter Empowerment Act clearly violates these fundamental laws.

Reed’s initiative's fate now resides in the hands of Kamala Harris who must give it an official ballot title and summary. Naming the measure will impact Reed/DeMaio’s ability to raise the $3.5 million and 560,000 signatures needed to be on the ballot.

ACSS strongly stands against this measure and will continue to monitor it and provide you with updates.

To read the entire Huffington Post article on this topic, click here.


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ACSS Quarterly Q3 2015 - State Budget and Legislation Issue

Posted: 7/6/2015 Tags: Tags Views: 620

 

If you have not already received your copy of ACSS' Quarterly Newsletter, you can download it here! Q3 2015 focuses on ACSS protecting your interests in the State Budget Process and in Legislation. For back issues, check out our Quarterly newsletters on the ACSS website.


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