By Mike Rosenberg
After announcing a 2014 statewide pension ballot initiative with fellow mayors from around California, San Jose Mayor Chuck Reed has run into some opposition — from other mayors.
Nineteen mayors — along with two vice mayors, two county board of supervisors presidents and five additional council members — signed a letter to Reed on Tuesday urging him to abandon his effort that would see public employees pay more for their retirement.
CLICK HERE for the San Jose Mercury News article.
Posted in Mayor Anthony Spitaleri, Sunnyvale City Council, Tony Spitaleri
Tagged 2014 statewide pension ballot initiative, Anaheim Tom Tait, Campbell Mayor Evan Low, Mayor Tony Spitaleri, Oakland Mayor Jean Quan, San Francisco David Chiu, San Jose Mayor Chuck Reed, Santa Ana Mayor Miguel Pulido, Sunnyvale Pension Reform, Vallejo Vice Mayor Stephanie Gomes
“For the past four years, the city has been running in a budget deficit, and a significant reason for that is the growing cost of the city’s pension obligations,” according to Sunnyvale Pension Reform steering committee member Andy Frazer. “I don’t believe pension reform is a political problem; it’s simply a math problem, and I hope we can work together to resolve it.”
The Sunnyvale Pension Reform group has formed to represent the Sunnyvale taxpayers in dialogue between the City Council, city staff and city bargaining units to reign in unfair and unsustainable costs of the city’s pension plan. Continue reading
Are the current, rapidly rising Sunnyvale Pension Employee Plan sustainable? And, if so, at what cost and sacrifice to Sunnyvale Taxpayers?
Please review the comments comparing 2010 vs. 2011 from Andy Frazer presented to the Sunnyvale City Council Meeting on 11/15/11:
My name is Andy Frazer. Madame Mayor and City Council Members… A year ago I spoke here a few times about the biggest problem in Sunnyvale. The city’s employee pension program was too expensive, and absolutely unsustainable. Now, one year later, things have gotten much, much worse. Continue reading