California: Voters approve reforms to union pensions, but unions may fight it in court
Menlo Park might seem like a sleepy bedroom community tucked between San Jose and San Francisco, but behind the facade of tree-lined streets, pension payouts are threatening to cripple the municipal government. This is why Roy Thiele-Sardina, a local entrepreneur and venture capitalist, pushed for the inclusion of the Menlo Park Pension Reform Initiative on November’s ballot and its eventual passage.