Detailed text transcripts for TV channel - FOXNEWS - 20120314:18:26:00
Pensions. here in san diego * we have a retired librarian who draws a $234,000 annual pension. and workers are getting -- can retire with full benefits at age 55. new employees won't get a pension, they will get a 401k. currents employees will pay more on politicians will get no pension at all. >> i want our taxpayers to know government employees are going to receive no better retirement package than the hard working families that pay the bill. >> this ballot measure is illegal. if it passes we'll see if you court. and the city can spend more money on legal fees. >> reporter: the initiative ju...