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All Local 1014 Members, Family Members and those who care about our current and future firefighters retirement benefits including death benefits for our survivors and children....
PLEASE READ THE FOLLOWING ON OUR RETIREMENT SECURITY AND THE REED/DE MAIO ATTACK ON OUR BENEFITS.
We defeated attacks from these two ideologues who have a hatred of firefighters and no comprehension of the risk of our profession and the relationship to medical and retirement benefits for the years when we might and often do battle the demons of our exposures.
Please take a look at this and tuck away the fact that they have not gone away, and the threat is not dead, and we will once again have to resource up and fight this repetitive right-wing unjustified assault on our membership and our future members. Responsible funding of retirements and financially responsible benefit levels are key, and we have always and will continue to meet that mark as evidenced by the health of our pension plan. Enough is enough. More to come.
New Attack on Secure Retirement Launched by Failed Ex-Pols
Reed & DeMaio Take Aim at New Workers, Threaten Death & Disability Benefits
Despite an embarrassing failure in their first attempt, two ex-politicians are doubling down in their assault on retirement security for firefighters, teachers, nurses and other public workers.
Two new ballot proposals - filed this week - would effectively end secure retirement for new public workers and bleed away the foundation of retirement security for all workers - current and future. Like their predecessor, the new measures spilled out of the poisoned pens of two unemployed politicians - former San Jose Mayor Chuck Reed and former San Diego councilman Carl DeMaio.
The "Voter Empowerment Act": a trimmed-down version of the retirement-gutting measure introduced earlier this year. This version ends secure pensions for new employees, bans any retirement benefit hikes without a public vote and restricts employer costs. It also continues the threat to death and disability benefits.
The "Government Pension Cap Act": Limits employer contributions, putting the burden of keeping the system solvent squarely on the backs of employees.
Below is a statement from Dave Low, chair of Californians for Retirement Security, the statewide pension coalition supported by CPF.
"It's clear that the proponents of eliminating retirement security for teachers, firefighters, school employees and other public servants are more interested in playing politics and rewarding Wall Street than providing the retirement security all Californians deserve. Their new proposals would ultimately do what their previous failed attempts would have done: create billions of dollars in costs for the state's pension systems, jeopardize the ability to attract and retain teachers, police officers and other public employees and jeopardize a secure retirement for hard-working, middle class families."
CLICK HERE to read a report from the Sacramento Bee.
CPF and CRS are preparing additional material on the measures and the effort to defeat them.
Keep track of updates at www.cpf.org, CPF Facebook and Twitter pages.
They will keep trying but we have to keep fighting for our retirement. Stay tuned.....
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