California Voters Slash Public Pensions

[koalabear]

(Newser) – It's been a rough week for public workers. Following Scott Walker's survival as Wisconsin governor, two major California cities have easily approved cuts to city employees' pensions. Some 66% of San Diego voters approved such a measure, with 34% against it; in San Jose, 70% backed the plan, compared to 30% opposed, the AP reports. San Jose's mayor, a Democrat, applauded the results. "The voters get it, they understand what needs to be done," he said.

http://www.newser.com/story/147501/calif-voters-slash-public-pensions.html

http://www.sacbee.com/2012/06/05/4538676/2-california-cities-vote-on-public.html