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Tags: Public Pensions

2 California Cities Voters Embrace Pension Cuts

Wednesday, 06 June 2012 07:04 AM

Voters in two major California cities have overwhelmingly approved cuts to retirement benefits for city workers. Supporters are calling it a mandate that may lead to similar ballot initiatives in other states and cities that are struggling with mounting pension obligations.

In San Diego, 66 percent voted in favor of Proposition B, while 34 percent were opposed. Nearly 97 percent of precincts were tallied by early Wednesday.

The landslide was even bigger in San Jose, with 70 percent in favor of Measure B and 30 percent opposed. All precincts are counted.

Supporters had a simple message to voters in San Diego and San Jose: Pensions for city workers are unaffordable and more generous than many private companies offer, forcing libraries to slash hours and potholes to go unfilled.

Tuesday's votes set the stage for potentially lengthy legal challenges by public employee unions.

© Copyright 2022 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


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2012-04-06
Wednesday, 06 June 2012 07:04 AM
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