Vote This, Not That.

County Prop B, Mandatory Minimum Pension Selection — SUPPORT

Measure B is a small step in the right direction for pension reform. Although OCBC would prefer an option that allows for a 401(k)-style plan, Measure B at least begins the transition process. In addition, it is a good management practice that elected officials do not receive the same benefits as the employees they oversee as it makes budget decisions that much more difficult.

Posted on May 22, 2012

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