Pension Reform Makes It to Ballot | NBC 7 San Diego

Pension Reform Makes It to Ballot

Thousands of signatures were gathered across the city



    The Comprehensive Pension Reform Ballot Measure has qualified for a public vote with nearly 116,000 signatures certified by the San Diego city clerk.

    Signatures were gathered across the city outside grocery stores and other heavily trafficked areas.

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    Council member Carl DeMaio was one of the authors and a driving force behind the reform, which raised more than $1 million to drastically change the current system.

    The new program would have city workers have a 401(k) as opposed to pensions, and would cap the pensionable pay for current employees.

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    The plan is contested by DeMaio’s fellow mayoral candidate, Rep. Bob Filner (D - San Diego), who called “financially irresponsible" in a statement.

    Voters will be able to decide when the reform measure appears on the June 12, 2012 ballot.