Governor signs pension legislation
SEIU Local 1000 responds to Gov. Brown signing public employee pension reform legislation on Sep. 12, 2012
"SEIU Local 1000 has always supported smart pension reform that ensures that as many workers as possible can afford a modest level of retirement security as they grow older. We believe that, in the long-run, the solution to the retirement crisis is to expand retirement security for all workers - public and private - not whittle away at the pensions of teachers, nurses, analysts, auditors and water quality personnel," said SEIU Local 1000 President Yvonne R. Walker. "After all, the average pension for the state employees we represent is about $2,200 per month."
"SEIU Local 1000 has always supported smart pension reform that ensures that as many workers as possible can afford a modest level of retirement security as they grow older. We believe that, in the long-run, the solution to the retirement crisis is to expand retirement security for all workers - public and private - not whittle away at the pensions of teachers, nurses, analysts, auditors and water quality personnel," said SEIU Local 1000 President Yvonne R. Walker. "After all, the average pension for the state employees we represent is about $2,200 per month."
"Our contract negotiating team, made up of more than 60 state employees, has led efforts to ban spiking and curb executive pension payouts," Walker said. "We understand the need to strengthen the CalPERS retirement system which has been battered by the weak economy," Walker said
In 2010, Local 1000 members ratified a contract that saved the state $431 million while protecting the retirement security of our members who have spent their lives working in public service.
"We achieved these results through collective bargaining, just as thousands of public employees in cities, counties and school districts around the state have been paying more for pensions and health benefits, as well as taking unpaid time off," Walker added. "Collective bargaining works when reasonable people come together to solve complex problems with fair solutions."
For further information on the impact of pension reform on Local 1000-represented employees, click here >>
For more information on our program to make retirement more secure for all Californians, click here >>
In 2010, Local 1000 members ratified a contract that saved the state $431 million while protecting the retirement security of our members who have spent their lives working in public service.
"We achieved these results through collective bargaining, just as thousands of public employees in cities, counties and school districts around the state have been paying more for pensions and health benefits, as well as taking unpaid time off," Walker added. "Collective bargaining works when reasonable people come together to solve complex problems with fair solutions."
For further information on the impact of pension reform on Local 1000-represented employees, click here >>
For more information on our program to make retirement more secure for all Californians, click here >>