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sammyg2's Avatar
 
Join Date: Aug 2000
Posts: 32,906
What's my state assemblyman up to?

Besides fighting moodbeam's attempt to extend $11 billion in state income taxes, he introduced this bill which is surely doomed to fail at the hands of the democ-rats:

Quote:

AB 738 will save millions of dollars by prohibiting all future elected officials from government pension eligibility.


Sacramento - Assemblyman Curt Hagman introduced Assembly Bill 738 which would prohibit a person publicly elected to an office of any kind, on and after January 1, 2012, from receiving any form of government retirement benefits. This would include elected officials and pension systems at city, county, and state levels.

The underfunding of government pension systems is a pressing and serious issue. The California Public Employee Retirement System (CalPERS) is facing drastic funding deficits, as are county and city retirement systems. Pension underfunding carries consequences not only for the systems and their administrators, but the systems' members and California's taxpayers.

Assembly Bill 738 would reform these broken pension systems and save the cities, counties, and state-and ultimately taxpayers-millions of dollars by excluding all elected officials from drawing dwindling government benefits.

"With such severe and widespread budget crises, in addition to a lack of public faith in government," said Assemblyman Hagman, "Public service shouldn't mean publicly funded pensions. This reasonable measure needs to be passed now".

Legislators are prohibited from joining government pension systems. Earlier legislation stopped school board members and commissioners from enrolling.
Old 03-04-2011, 11:17 AM
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Faster in reverse.
 
Brando's Avatar
 
Join Date: May 2003
Location: Costa Mesa, CA
Posts: 4,974
This will be his "Well, I tried to reform it..." excuse.

If you really want a good laugh, look at AB 144...
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Old 03-04-2011, 03:35 PM
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Old 03-04-2011, 03:35 PM
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