Posted By Stephen Goldsmith | June 27, 2012 in Governing the States and Localities
Please explain the budget and service context that led you to pursue the recently enacted pension reforms in San Jose.
|San Jose Mayor Chuck Reed|
With independent analysis showing another 12 years of increases in pension costs, we feared we were driving the city toward essential-service insolvency. We knew we needed to take action both on behalf of taxpayers, as well as that of the city's public servants.