Saturday, January 15, 2011
Jerry Sanders on San Diego's pension reform
Sanders talks about reforms including pay freezes for existing employees and 401(k)s for new employees.
During the Olivenhain candidate forum, Kristin Gaspar at least implied support for a 401(k). As Jonathan Horn describes it, "[s]he said that as someone who oversees her company’s 401(k) plan, she would be able to help create a benefits package that allows Encinitas to retain highly qualified workers, while considering the cost to taxpayers," which sounds like a weaselly way to sound like you support 401(k)s without actually supporting them. Other observers at the forum interpreted her remarks as a clearer endorsement of 401(k)s for city workers.
Was Gaspar just blowing hot air or will she put pension reform on the agenda?