Judgment Day for Pension Reform
Posted by Comments (48)on Friday, March 2, 2012
The City Council will finalize a decision Tuesday for a pension reform ballot measure. This is the question that will likely be put to voters on June 5:
“To protect essential services: neighborhood police patrols, fire stations, libraries, community centers, streets and parks, shall the Charter be amended to reform retirement benefits of City employees and retirees by: increasing employees’ contributions; establishing a voluntary reduced pension plan for current employees and pension cost and benefit limitations for new employees; reforming disability retirements to prevent abuses; temporarily suspending retiree COLAs during emergency; and requiring voter approval for increases in future pension benefits?”
Here is the full breakdown of the city’s retirement benefits reform plan in a memo from City Manager Debra Figone, which suggests repealing the version crafted in December and appealing this new version.
Other matters going before the council Tuesday include:
— The city might write-off almost $1 million in uncollected debt, including $390,683 owed by bankrupt Mexicana Airlines.
— The city will consider sponsoring the “1,000 Hearts for 1,000 Minds” program.
—Hear an appeal of the planning commission’s recommendation against allowing alcohol to be sold at a Santana Row grocery store.
—Consider the planning commissions’ recommendation to approve more parking for a frat house.
—And, not that it will be discussed, but here’s the best line from the report on the well-attended Rules and Open Government Committee meeting Feb. 8: “David Wall proposed that items 7.2 and 7.3 be pulled from the agenda, citing a flawed approach and further questioned the competence of the Environmental Services Department staff.”
Click here to read the full City Council agenda for March 6, 2012.
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