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LA Tries Charter Change To Address Pension Problems

Monday, Feb. 28, 2011

 

On March 8 voters in Los Angeles will decide on an important ballot measure aimed at correcting the pension problem facing the city. Charter Amendment G would create a “Tier 6” plan for sworn fire, police, and harbor department employees hired on or after July 1, 2011. The pension reform measure would also modify certain provisions of the fire and police pension plans, taking into account state and federal laws.
This is one of what will probably be many measures taken by local government to rein in retirement expenses. For a description of the measure, visit Smart Voter at http://www.smartvoter.org/2011/03/08/ca/la/meas/LA-G/

 

 

Tags: city charters, Los Angeles, pensions, Smart Voter

 
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