Sunday, December 20, 2015

2016 Ballot Effort to Privatize California Public Employee Pensions Faces Rocky Start, New Poll Finds

Pension reduction is not a top issue for voters.

By Steven Rosenfeld

The conservative obsession to cut public employee pensions is facing an uphill climb in California, according to a newly released poll that found ambivalent support for a pair of 2016 ballot measures pushed by former San Jose and San Diego officials.

According to a Capital & Main-David Binder statewide poll of 500 likely voters, there’s roughly a 40-40 split, with the rest undecided, for both measures. The first would move newly hired state and local government employees from traditional pensions to 401(k)-style plans. The second would impose a cap on how much government could pay for retirement benefits for new hires, where the most paid would be 13 percent of wages.

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