Orange County may be eyeing a popular vote to reform its pension system, as county counsel looks at the legal challenges and potential outcome from both San Diego and San Jose.
But reports are that the county may look at more that simply adjusting pension formulas, the Voice of the OC reported that Supervisor John Moorlach may be considering changing how the pension system is operated entirely. That could mean a major shake up both in operation and construction of the Orange County Employee Retirement System board and officers.
The County has until July 31 to approve a ballot initiative for the November ballot.
From the Voice of the OC:
Just as county leaders begin labor negotiations, there’s talk about the potential of seeking pension ballot measures like those seen earlier this month in San Jose and San Diego.
John Moorlach. chairman of the Orange County Board of Supervisors, has asked County Counsel Nick Chrisos to brief supervisors at Tuesday’s meeting about the terms of the measures in both cities as well as the legal challenges already arising from labor groups.
The message seems clear: If negotiations stall this summer, supervisors will head for the ballot.
Read the full article here.