Gov. Jerry Brown's plan to stem pension costs is no panacea
In short, the state is waiting to see how the lawsuits around how San Jose and San Diego cut pensions for current employees play out.
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Gov. Jerry Brown's plan to stem pension costs is no panacea: Governor's blueprint would save billions, but experts say taxpayers will still face a huge burden. Reducing current employees' benefits is called key by analysts.
SACRAMENTO -- Even by the most ambitious forecasts, the plan Gov. Jerry Brown and fellow Democrats are championing to contain government worker pensions in California could leave state taxpayers awash in debt to public employees.
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Gov. Jerry Brown's plan to stem pension costs is no panacea: Governor's blueprint would save billions, but experts say taxpayers will still face a huge burden. Reducing current employees' benefits is called key by analysts.
SACRAMENTO -- Even by the most ambitious forecasts, the plan Gov. Jerry Brown and fellow Democrats are championing to contain government worker pensions in California could leave state taxpayers awash in debt to public employees.
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