Here’s the pension ballot measure text filed with the Secretary of State’s office Thursday by former San Jose Mayor Chuck Reed, former San Diego City Councilman Carl DeMaio and five other current and former California city officials.
The centerpiece of the proposal would require voter approval for increasing pay or retirement benefits for state and local public employees. Government workers hired on or after Jan. 1, 2019 would automatically go into defined contribution retirement plans unless voters approved otherwise.
The measure does not change benefits for employees hired before 2019. It also excludes death and disability benefits for employees and their beneficiaries.
Read The Sacramento Bee’s breaking news report about the measure here.
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