La Jolla Light

An initiative to reform the city’s debt-ridden pension system is tentatively scheduled to be placed on the June 5 primary election ballot following a 5-3 vote by the City Council. The measure qualified for the ballot with 115,000 petition signatures. If passed, it would give 401(k) plans to new employees, other than police officers, instead of having them enrolled in the employee pension system.

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A coalition of building contractors joined Councilman Carl DeMaio today to announce an effort to put a measure on the ballot that would make it easier for the city of San Diego to outsource municipal services and prohibit agreements that favor unions. Supporters need to collect 96,000 valid signatures to qualify the “Competition and Transparency in City Contracting” measure for the November 2010 ballot.

Read the story from the La Jolla Light