Gov. Brown – What About Pension Reform?
Gov. Jerry Brown has a chance to offer guidance, in the end, his plan was watered down with changes hitting new hires. It was a win for public employee unions, which were determined to preserve benefits for existingÂ members. Brown’s office lamely bragged that the final results were “historic” and would cut up to $50 billion off future obligations – but that result would come about decades, not years, from now.