Marin Firefighter News

Agreement with Legislature Imposes Lower Tier for New Hires, Pension Salary Cap, Phased-in Mandatory Cost Sharing

At a news conference in Los Angeles, Gov. Jerry Brown announced an agreement that will take public employee retirement security back to the Reagan years.

The plan – hashed out with legislative leaders behind closed doors – imposes a range of rollbacks, all without the benefit of collective bargaining.

• New lower tier for almost all employees – local, state, teachers, the works. Public safety retirement would top out at 2.7% at 57;
• A cap on pensionable income -- $110,000 for those who pay Social Security; $130,000 for those who don’t.
• Mandatory cost sharing immediately, for all new employees, and by 2018, for current employees;
• Three-year final compensation averaging;
• Limits on pensionable compensation, airtime purchases, pension holidays and retroactivity.

You can read the governor’s media release HERE.

CPF President Lou Paulson had the following statement on the governor's announcement:

In a stinging rebuke, the Ventura County Star says Proposition 32 -- The Special Exemptions Act -- is a "sham" in "unequivocally recommending a no vote."

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At a news conference today in Los Angeles, Gov. Jerry Brown announced an agreement that will take public employee retirement security back to the Reagan years.

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Nine fires that have collectively burned more than 400,000 acres may get an assist from Mother Nature as winds have begun to die down. More than 8,000 firefighters have been on the lines battling the blazes, the largest of which is on BLM land straddling the California-Nevada border.

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L.A. Times business columnist MIchael Hiltzik calls out Prop. 32's billionaire benefactors. Many are linked to secretive Super PACs that spend unlimited amounts on campaigns. All of them are exempt from the measure's provisions.

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