Pension cuts more drastic than Brown let on

Posted: 10/31/2012

Your ACSS is working with CalHR and CalPERS to address any issues that may arise from the recently released PML re: pension cuts.

On page two of the PML, CalHR states that current employees will be required to pay "at least 50% of the normal cost to fund the employee’s retirement benefit." [Emphasis added by ACSS]

This is in direct contradiction with Gov. Brown's earlier statements re: his pension plan, which stated that he would work with current employees to increase their contribution up to 50%, not beyond.

Your ACSS labor relations team is working with CalHR now to address this issue and other potential problems with the cuts.