While PublicCEO largely steers clear of politics, that world sometimes collides with policy. Nowhere is that more true than pension reform. And a new Field Poll shows that voters are largely split on pensions.
According to the Field Poll, a majority of voters support some reforms – particularly to how much of an employee’s salary should count toward a future pension. However other reforms, such as measure to prevent double dipping, did not receive as widespread support. It’s proof, says one representative of a coalition of unions, that voters don’t want to see pension gutted.
From the Sacramento Bee:
James Juarez, a 22-year-old Sacramento State student, has watched his tuition costs climb and class availability shrink over the last three years while the state put more money toward its pension obligations.
His conclusion: The level of public pension benefits is “outrageous – it’s not right.”
Read the full article here.