Patt Morrison for August 28, 2012

A look at Governor Brown’s latest pension plan proposal

Kitty Felde/KPCC

Gov. Jerry Brown stands away from other Democratic governors at the White House. He will hold a news conference to announce a pension reform deal.

At a press conference in Los Angeles today, Governor Jerry Brown announced a compromise plan when it comes to pension benefits for new public employees. Last year, Democratic lawmakers disagreed with Gov. Brown’s proposal to create a pension plan blending defined benefits with a 401(k)-style plan. So what are the specifics and what’s the reaction to the newest version? Patt checks in with KPCC’s state capitol reporter Julie Small for an update.

WEIGH IN:


What do you think about Governor Jerry Brown's pension plan?

Guest:

Julie Small, KPCC's state capitol reporter


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