California: Pension reform initiative revealed

Thu, Nov 3 2011 — Source: San Jose Mercury News

A pair of pension reform initiatives filed Wednesday could shake up the Capitol landscape and jolt reluctant Democrats and labor leaders into acting on Gov. Jerry Brown’s plan to overhaul pensions. Initially lukewarm if not hostile to Brown’s plan, Democrats and public employee unions got a glimpse of the alternative — measures that would require a lot more sacrifices from government workers than Brown’s week-old proposal.

Read the story from San Jose Mercury News