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Pension cuts more drastic than Brown let on

Posted: Oct 31, 2012
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Your ACSS is working with CalHR and CalPERS to address any issues that may arise from the recently released PML re: pension cuts.

On page two of the PML, CalHR states that current employees will be required to pay "at least 50% of the normal cost to fund the employee’s retirement benefit." [Emphasis added by ACSS]

This is in direct contradiction with Gov. Brown's earlier statements re: his pension plan, which stated that he would work with current employees to increase their contribution up to 50%, not beyond.

Your ACSS labor relations team is working with CalHR now to address this issue and other potential problems with the cuts.


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