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Four State Unions Make Pension Concessions
State firefighters and Highway Patrol officers have agreed to Governor Schwarzenegger’s call for pension reforms that would save the state some $72 million a year. He calls it a major breakthrough, but $72 million is a tiny fraction of the state’s $19 billion shortfall. Denis Theriault reports from Sacramento for the San Jose Mercury-News .
By Warren Olney • • 1 min readState firefighters and Highway Patrol officers have agreed to Governor Schwarzenegger’s call for pension reforms that would save the state some $72 million a year. He calls it a major breakthrough, but $72 million is a tiny fraction of the state’s $19 billion shortfall. Denis Theriault reports from Sacramento for the San Jose Mercury-News.
