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Poway chamber honors local business, nonprofit leaders

Poway chamber honors local business, nonprofit leaders
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San Diego labor unions one step closer to invalidating the 2012 Prop B, pension cut measure -


A judge has ruled that the measure is illegal.
“Today a Superior Court judge confirmed what we already knew; Proposition B was a disaster for our City long before it was invalidated,” Mayor Gloria said in a statement. Continuing, “Proposition B promised to save money and that cities throughout California would follow our example by ending pensions. Neither happened. Instead, the measure cost taxpayers millions of dollars and made it easy for other cities to hire away the talented public servants we need to provide critical services to our citizens.”
Proposition B was approved by more than 65% of the city voters in 2012. It replaced traditional pensions with 401(K) style retirement plans for all newly hired city workers, except police officers. ....

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