DeMaio-Reed Pension Reform Initiative Cleared for Circulation
Sacramento, Calif. – The California State Attorney General today cleared for circulation the landmark Pension Reform Initiative known as the “Voter Empowerment Act.”
A bipartisan coalition led by former San Jose Mayor Chuck Reed (D) and former San Diego City Councilmember Carl DeMaio (R), filed the ballot initiative to give voters the final say on compensation and pension benefits of state and local government employees.
In light of today’s developments, DeMaio and Reed issued the following joint statement on behalf of the campaign:
“Costly government pension deals are devastating our public services – and this simple initiative gives voters the ability to stop sweetheart and unsustainable pension deals that politicians concoct behind closed doors with government union bosses. That’s why the politicians and union bosses oppose this initiative – and why they continue to try to mislead the public on what the initiative does. Despite their attempts to mislead, we are very confident the voters will understand the plain English requirements of this measure and overwhelmingly pass it in November 2016.”
Reed and DeMaio noted that the next step in their campaign will be to commission a legal review the ballot measure “Title and Summary” concocted by state politicians. Once that review is completed, DeMaio and Reed will kick-off their signature drive to qualify the measure.
The “Plain English” Requirements of the Pension Reform Initiative:
- Require voter approval of any defined benefit pensions for new government employees;
- Require voter approval of any increase in pensions for existing government employees;
- Prohibit any taxpayer subsidy of government retirement benefits in excess of 50% of the cost – unless voters expressly approve a higher contribution, and
- Prohibit politicians and government agencies from delaying, impeding, or challenging any voter-approved state and local ballot measures regarding government compensation and benefits.
Contact: David McCulloch – 760-717-4100