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Guest opinion: City is ahead of state on pension reform

Original post made on Oct 2, 2012

Last week, Gov. Jerry Brown signed into law AB340, a historic bill reforming California's pension system. This law will save California taxpayers billions and begins the process of restoring financial stability to the state's pension funds. Credit rating agencies have already reacted positively to the news. The bill received overwhelming bi-partisan support in the state legislature.

Read the full story here Web Link posted Wednesday, September 26, 2012, 12:00 AM

Comments (3)

Posted by Kelly Fergusson, a resident of Menlo Park: The Willows
on Oct 2, 2012 at 11:45 am

Thank you, Almanac, for publishing my perspective on pension reform, and allowing me to highlight the City Council's strides in managing employee costs in the short- and long-term.


Posted by Peter Carpenter, a resident of Atherton: Lindenwood
on Oct 2, 2012 at 12:10 pm

Peter Carpenter is a registered user.

Ferguson does not seem to understand that writing about what has happened is very different then being someone who made it happen.


Ferguson has been running behind the pension reform train ever since it left the station.


Posted by Menlo Voter, a resident of Menlo Park: other
on Oct 2, 2012 at 5:09 pm

Menlo Voter is a registered user.

Spare us Kelly. You were against measure L until you were for it. Problem is, you were for it when you figured out it was going to pass. Go back and talk to your union handlers as to what to say next. I wouldn't vote for you for dog catcher. Good luck in November.


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