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.