AND RETIREMENT AND WELL WELCOME
EVERYONE HERE --
WE HAVE --
THREE ITEMS ON THE AGENDA AND SO
--
UNTIL WE WE WILL GO HEAD START
IS SUBCOMMITTEE --
UNTIL WE HAVE A QUORUM BUT FOR
WE GIVE BEGAN I DO WANT --
TO JUST --
MAKE MENTIONED --
OF OF OUR SYMPATHIES AND LET'S
--
FOR DID. FOR THE PASSING OF CHP
OFFICER KIRK --
GREECE --
WHO WE ALSO JUST ADJOURNED IN
MEMORY AND ARE SENATE CHAMBERS
--
THE LAST FRIDAY MORNING --
OFFICER IN GREECE WAS I KILLED A
PERFORMING IN NORMAL TRAFFIC
STOP ON S. U. V. ON INTERSTATE
EIGHTY NEAR FAIRFIELD ONE
ANOTHER VEHICLE --
VEERED INTO ITS LOCATION QUITE
OF OFFICE AGREES IN THE FIRST
VEHICLE.
BOTH HOUSE AGREES AND THIS SUV
DRIVER WERE TRANSFERRED TO THE
HOSPITAL THE TRAGICALLY
PRONOUNCED DECEASED.
ALSO GREECE'S WAS FOR SIX YEAR
OLD WAS A U. S. MARINE VETERAN
AND NINETEEN YEAR VETERAN OF THE
CALIFORNIA HIGHWAY PATROL NEED
WORKED AT THE FAIRFIELD CHP
OFFICE FOR SIXTEEN THOSE YEARS
SOME OF THE BACK OF A RESIDENT.
HE IS SURVIVED BY HIS WIFE AND
THREE CHILDREN.
THIS TRAGIC EVENT ONCE AGAIN
UNDERSCORES OUR FIRST
RESPONDERS.
OUR FIRST RESPONDERS PUT
THEMSELVES IN HARM'S WAY EVERY
DAY TO KEEP A SAFE AND THAT'S
WHAT WE DO THE WORK WE DO IN
THIS COMMITTEE TO SAFEGUARD THE
BENEFITS. FOR PUBLIC SAFETY
OFFICERS AND THEIR SURVIVORS AND
WHY THIS IS SO IMPORTANT.
AND SO ON BEHALF OF REPUBLICAN
PLANETARY MEANT COMMITTEE OF THE
SENATE --
OUR HEARTS GO OUT TO THE GREASE
FAMILY AND ENTIRE CHP COMMUNITY
--
SO WITH THAT --
BUT INVITE SIR MORE LOCKS.
TO COME AND PRESENT --
I PRESUME YOU AT PRESENT DEMAND
NEW RECORDER.
SO BEGIN WITH THE ITEM NUMBER
ONE IS S. C. [inaudible]
EIGHT EIGHT JEREMY.
A KEYCENTER MORE AYE SO FUTURE
THANKS FOR BEING HERE.
START WITH THIS CA A I MISTER
CHAIR THIS WOULD MODIFY WHAT IS
KNOWN AS THE CALIFORNIA RULE.
IT IS THE POSITION OF PUBLIC
EMPLOYEE DEFINED BENEFIT PENSION
PLANS THAT.
BENEFITS CAN BE IMPROVED.
BUT NOT REDUCED PRO
PROSPECTIVELY UNLESS A
COMPARABLE OR BETTER BENEFIT
[inaudible]
IS OFFERED.
IN THE WORLD OF FINANCIAL
PLANNING IT WOULD BE NEXT TO
IMPOSSIBLE. TO FIND A BETTER OR
COMPARABLE PRODUCT.
AT A LOWER COST IN A DEFINED
BENEFIT PENSION PLAN.
CONSEQUENTLY GOVERNMENT DEFINED
BENEFIT PLANS HAVE NOT.
SENIOR PERSPECTIVE DECREASE IN
FORMULAS FOR MORE THAN SIXTY
YEARS.
BUT PUBLIC SAFETY EMPLOYEES
RETIREMENT FORMULA OF ONE PERSON
AT FIFTY WAS THE NORM SIXTY
YEARS AGO.
IT TOOK ALONG EFFORT TO MOVE IT
TED ONE POINT 5% HAD FIFTY AND
THEN THE 2% AT FIFTEEN AND
QUICKLY IT JUMPED 23% OF FIFTY
WITH SENATE BILL FOUR HUNDRED
IN.
NINETEEN NINETY NINE AND IT WAS
RETROACTIVE TO THE DATE OF HIRE.
A 50% INCREASE OVERNIGHT IT WAS
DRAMATIC.
NEARLY TWO DECADES DECADES LATER
AND WE SEE THAT THE BIGGEST
FISCAL THREAT TO GOVERNMENT
AGENCIES IS THE GROWING DEFINED
BENEFIT PENSION LIABILITIES.
EVEN GOVERNOR BROWN WILL CONCUR
ON THIS POINT.
WHEN WE DID DINNER HE SAID THE
TWO THINGS THAT HAD HIM MOST
CONCERNED WAS CLIMATE CHANGE AND
THE DEFINED BENEFIT PENSION PLAN
MY ABILITIES?
MISTER CHAIR CALIFORNIA HAS THE
LARGEST UNRESTRICTED NET DEFICIT
IN THE NATION.
DO IN SIGNIFICANT PART TO ITS
UNFUNDED ACTUARIAL ACCRUED
LIABILITIES.
IT'S A HUNDRED AND SIXTY EIGHT
POINT FIVE BILLION.
THAT'S A PRETTY SUBSTANTIAL
DEFICIT YOU ADD THAT TO THE
DEFICIT OF THE UC SYSTEM WHICH
IS NINETEEN BILLION.
THE CSU SYSTEM WHICH IS THREE
BILLION.
THE SEVENTY TWO COMMUNITY
COLLEGE DISTRICTS.
COMBINED DESPITE POINT FIVE
BILLION.
OUR CITIES AND MET FOUR HUNDRED
EIGHTY TWO INCORPORATED CITIES
IS ANOTHER HUNDRED AND SIXTY
EIGHT POINT FIVE BILLION.
AND ARE COUNTIES NET THE
UNRESTRICTED NET DEFICIT IS
FORTY TWO POINT SIX BILLION.
WE JUST REVIEWED OVER THE BREAK
OF THE NINE HUNDRED AND THIRTY
NINE SCHOOL DISTRICTS.
THEIR NET UNRESTRICTED NET
DEFICIT IS FIFTY POINT FIVE
BILLION WE ADD THIS ALL TOGETHER
HARD NUMBERS COMING FROM
COMPREHENSIVE.
FUELING A AT THE THE CAPPERS
TOGETHER COMPREHENSIVE ANNUAL
FINANCIAL REPORTS.
IT'S IT'S A FOUR HUNDRED AND
FIFTY SEVEN POINT SIX BILLION
DOLLAR.
DEFICIT THAT WERE FACING
CUMULATIVELY IN THIS STATE.
AND HAVING ON THE SPECIAL
DISTRICTS ARE OTHERS.
SO MISTER CHAIR WE HAVE A HALF
TRILLION DOLLAR ISSUE THAT THIS
LEGISLATURE PASSED THE FACE.
NEXT SUMMER THE NUMBERS WILL BE
EVEN WORSE BECAUSE GAZ BE THE
GOVERNMENT ACCOUNTING STANDARDS
BOARD.
WILL REQUIRE IN THE JUNE. TWENTY
EIGHTEEN COMPREHENSIVE ANNUAL
FINANCIAL REPORTS TO INCLUDE
RETIREE MEDICAL LIABILITIES THAT
UNFUNDED ON THEIR BALANCE
SHEETS.
FOR INSTANCE WHAT THIS WOULD DO
TO SAY THAT THEA SHOOTS HIM IN
THE UC SYSTEM.
IT WOULD DOUBLE THEIR
UNRESTRICTED NET DEFICIT FROM
NINETEEN BILLION TO THIRTY EIGHT
BILLION.
JUST WITH ONE JOURNAL ENTRY.
ONLY HAVING AN UP ELEVATOR. FOR
GRANTING PENSION BENEFITS MEANS
AN UNSUSTAINABLE PENSION SYSTEM.
WILL IMPLODE. FOR THE BENEFIT OF
EMPLOYEES AT EVERY LEVEL OF
GOVERNMENT IN CALIFORNIA WE NEED
THE DOWN BUTTON. TO ALLOW FOR
FISCAL WORKOUTS AND TURNAROUNDS.
LAST YEAR CALIFORNIA'S FIRST
DISTRICT COURT OF APPEAL RULED
THAT PUBLIC RETIREMENT BENEFITS
CAN BE REDUCED [inaudible]
PROSPECTIVELY.
IN MARIN ASSOCIATION OF PUBLIC
EMPLOYEES VERSES THE MARIN
COUNTY EMPLOYEE RETIREMENT
ASSOCIATION.
BUT MARIN DECISION IS NOW BEFORE
THE STATE SUPREME COURT.
GOVERNOR BROWN HAS EVEN WEIGHED
IN IN SUPPORTING THE APPELLATE
COURT RULING.
WE'VE BEEN WAITING FOR DECISION
AND SINCE IT HASN'T COME WERE
HERE TODAY JUST BEFORE THE CLOSE
OF SESSION.
BUT THE GOVERNOR HAS BEEN
PUSHING FOR IT.
NOW THAT THIS SECTION IS COMING
TO A CLOSE I'M PRESENTING AS CA
EIGHT BECAUSE THE SUPREME COURT
HAS NOT RULED.
AND DAYLIGHT IS BURNING.
STRUGGLING DEFINED BENEFIT
PLANS.
ARE NOT UNIQUE TO THE GOLDEN
STATE.
ILLINOIS WOULD BE A GOOD.
EXAMPLE FOR ALL OF US TO OBSERVE
ARTICLES COMING WITH REGARDS TO
THE CITY OF CHICAGO AND THE REST
OF THE STATE A RATHER DRAMATIC.
FILING FOR CHAPTER NINE
BANKRUPTCY.
WILL PROVIDE IT THE ABILITY TO
RESTRUCTURE.
BARGAINING UNIT CONTRACTS.
FOR CITY SCHOOLS.
COUNTIES PROPERTY STATE BUT THIS
IS A VERY VERY EXPENSIVE ROUTE
TO TAKE TRUST ME I KNOW I'VE
BEEN THERE THROUGH THE
BANKRUPTCY FILING OF THE COUNTY.
OF ORANGE.
S. C. A EIGHT WOULD GIVE
CALIFORNIA VOTERS AN OPPORTUNITY
THE WAY AND THIS MAKES SENSE AS
THEY ARE ON THE HOOK. FOR THESE
MASSIVE LIABILITIES AND DEBTS.
ROB ARE NOT TO HAVE WELL KNOWN
FINANCIAL MANAGER OPINED IN THE
WALL STREET JOURNAL JUST LAST
WEEK THAT THE WILL BE FUN FUNDED
ACTUARIAL ACCRUED LIABILITIES.
ARE LIKE AN ADDITIONAL MORTGAGE
ON HOMES.
IT WILL HURT OWNERS AND RENTERS
ALIKE.
S. C. A. EIGHT WOULD ELIMINATE
THE CALIFORNIA RULING GIVE
MUNICIPALITIES THE ABILITY TO
NEGOTIATE PENSION FORMULAS DOWN
ON A GOING FORWARD PROSPECTIVE
BASIS.
I BELIEVE MANAGEMENT NEEDS THIS
TOOL.
IT WOULD ALSO GIVE BARGAINING
UNITS AN HONORABLE WAY TO SAVE
THEIR PENSION SYSTEMS BEFORE
BANKRUPTCY JUDGE THAT'S A CRAM
DOWN [inaudible] TO THEM.
COLLEAGUES WE NEED TO LEAD ON
THIS ISSUE DO NOT BE CONFUSED
THE STAFF DIGEST IS EXAGGERATING
SCA EIGHT WILL NOT ELIMINATE
PROMISE RETIREE.
BENEFITS TO CURRENT EMPLOYEES IT
WOULD ALLOW FOR A BLENDED
BENEFITS.
EMPLOYEES WOULD KEEP WHAT THEY
HAVE ACTUALLY EARNED BUT THEY
MAY SEE A LOWER FORMULA GOING
FORWARD.
BARGAINING UNITS KNOW THAT THERE
ARE LITTLE OR NO BENEFITS IF
THERE IS NO EMPLOYER.
MAY NEED TO PROTECT THE PHYSICAL
WELL BEING OF THE EMPLOYER.
PROVIDING THIS TOOL IS CRITICAL
FOR A NUMBER OF MUNICIPALITIES
WITHOUT IT A FEDERAL JUDGE LIKE
JUDGE ROADS IN DETROIT.
WILL REDUCE THE BENEFIT FOR
EVERYONE INCLUDING CURRENT
RETIREES.
THERE ARE TWO OTHER CASES THAT%
ARE ACTIVE ALAMEDA COUNTY DEPUTY
SHERIFFS ASSOCIATION HEAD ALBERS
IS.
ALAMEDA COUNTY EMPLOYEE
RETIREMENT ASSOCIATION AT ALL
AND CAL FIRE LOCAL TWO EIGHT
EIGHT ONE VERSUS CALPERS.
IF THE END RESULT OF JUDICIAL
DECISIONS RENDER SCA EIGHT
UNNECESSARY THEN WE CAN PULL IT
FROM THE BALLOT.
IF THESE COURT CASES DRAG ON WE
SHOULD LEAD AND SUPPORT SCA.
EIGHT IT CERTAINLY REFLECTS THE
GOVERNOR'S POSITION ON THIS
CRITICAL FISCAL MATTER AND I
RESPECTFULLY REQUEST AN AYE
VOTE.
THANK YOU MISTER THANK YOU --
WITNESSES A SUPPORT.
MAN WITNESSES IN OPPOSITION.
HER HAND.
WRITTEN.
BEFORE YOU BEGIN I KNOW THAT WE
DO HAVE A QUORUM SO WE ASK THE
SECRETARY TO PLEASE CALL THE
ROLL TO SELL THE SCORE.
PAN HERE THEN PRESENT MORAL.
MORAL PRESIDENT LEYVA MORLOCK
PRESENT MORE THAT PRESENT
PORTANTINO.
OKAY WE HAVE WE DO HAVE A QUORUM
THANK YOU [inaudible]
SO OPPOSITION [inaudible]
I THINK.
LET'S CONTINUE WITH A BOMB
MISTER CHAIRMAN MEMBERS TERRY
MORAN AND ON BEHALF OF VETS YEAH
YOU CALIFORNIA --
WE SPECTRALLY OPPOSE THIS PIECE
OF LEGISLATION --
IT HAS AS BUT A GOOD SENATOR.
RIGHT FOR LEAST --
OUTLINED IT DOES OVERTURNED THE
CALIFORNIA RULE SIXTY TWO YEARS
A PRECEDENT IN CALIFORNIA.
THAT BASICALLY SAYS.
A PROMISE MADE IS A PROMISE
KEPT.
YOU ERNEST BENEFIT FROM THE DAY
YOU DECIDE TO TAKE THE POSITION
UNTIL THE DAY YOU RETIRE.
YOU PUT AWAY YOUR OWN MONEY AND
THE EMPLOYER PUTS AWAY MONEY FOR
YOU.
IN EXPECTATION OF THAT BENEFIT
CHANGING THAT BENEFIT GOES GOING
FORWARD IS A TAKING.
FROM YOUR COMPENSATION AND YOUR
BENEFITS.
WE PASSED A I SHOULD SAY WE YOU
PASSED A PENSION REFORM AND
PEPPER.
IN TWO THOUSAND THIRTEEN AND
THAT HAS GONE A LONG WAY TO
SOLVING SOME OF THIS UNFUNDED
LIABILITY PROBLEM OR AT LEAST
LEVELING.
OFF THE INCREASE --
AS A MATTER FACT IT'S CAPPED.
IT SAVED IN THE NEIGHBORHOOD OF
SIXTY TO A HUNDRED BILLION
DOLLARS AND IT'S WORKING MUCH
FASTER.
THAN ANY OF THE PROJECTIONS WE
GOT WHEN IT WAS GOING THROUGH
LEGISLATURE THE TURNOVERS BEEN
FASTER IN THE PUBLIC SECTOR.
IT'S SAVING BILLIONS AND
BILLIONS OF DOLLARS IN WELLS --
ON INTO THE FUTURE --
AND I WOULD SAY.
LASTLY ALL THE WORKERS AND
PUBLIC AND PRIVATE DESERVE A
LIVABLE PENSION AND HEALTH
BENEFITS TAKING WAY REDUCING
THEIR PENSION WILL NOT A NEED
ADDRESS THE NEED TO CARE FOR OUR
WORK FORCE WHEN THEY RETIRE.
RETIRING THEM INTO A POVERTY
WITH US.
BUT LOW A LOW BENEFIT IS NOT A
WAY TO ENCOURAGE --
A PUBLIC SECTOR COMMITMENT. TO
PUBLIC SERVICE AND FOR THAT
REASON WE OPPOSE BILL
[inaudible]
WHEN THIS?
JEFF REMEMBERS DAVE LOW AT THE
CALIFORNIA SCHOOL EMPLOYEES
ASSOCIATION ALSO REPRESENTING
THAT CALIFORNIA'S FOR RETIREMENT
SECURITIES REPRESENTING OVER A
MILLION.
PUBLIC EMPLOYEES POLICE OFFICERS
TEACHERS FIREFIGHTERS SCHOOL
EMPLOYEES CITY AND COUNTY
EMPLOYEES.
SO WE STRONGLY OPPOSE THIS AB
BUT JUST A COUPLE POINTS THERE
ARE SOME OF THE POINTS MISTER
MAHER LIKE MADE HE GAVE YOU A
LOT OF NUMBERS ABOUT UNFUNDED
LIABILITY BUT THE FACT IS IS
THAT.
CALIFORNIA'S UNFUNDED LIABILITY
BECAUSE CALIFORNIA IS BIGGER --
THAT THE FACT IS IS CALIFORNIA'S
PENSION SYSTEMS ARE IN MUCH
BETTER SHAPE SHAPED AND MANY OF
THE OTHER NATIONS THAT PENSION
SYSTEMS WHICH IS WHY THEY'VE HAD
PROBLEMS IN.
THE CHICAGO AND AND AND OTHER
OTHER UP AS CITIES AND ANNETTE
AND OTHER STATES.
REALITY IS IS THAT BUT DESPITE
THE GREAT RECESSION THE
CALIFORNIA PENSION SYSTEMS HAVE
DONE A GREAT JOB OF A
STABILIZING THEIR PENSIONS AND
AND AS A PERCENTAGE OF STATE
BUDGET THE AND THESE STAFF IN
THE ASSEMBLY AND SENATE.
HAVE DONE AN ANALYSIS THAT SHOWS
THAT AS A PERCENTAGE OF STATE
BUDGET THE COSTA PENSIONS IS
ACTUALLY GOING DOWN NOT UP.
SO OUR OPPONENTS ON ON THE
PENSION ISSUE HAVE BEEN SAYING
NOW 425- YEARS.
PENSION SYSTEMS GOING TO BUST
THE BUDGET.
THERE YOU KNOW AND AND AND THAT
IS NOT BEEN TRUE AT ALL
CALIFORNIA'S BUDGET IS STABLE --
WE HAVE JUST --
I THINK GONE FROM ABOUT SIX TO
FIFTEEN IS IT AND IN THE LARGEST
--
A BUDGETS IN THE IN THE IN THE
NATION AT LARGE STUFF ASSETS IN
THE NATION AND THE RELATIVE COST
OF PENSIONS HAS NOT GONE OUT OF
CONTROL AS THEY'VE BEEN
PREDICTING FOR TWENTY FIVE YEARS
AND THEY WANT BECAUSE PENSIONS
ARE FUNDED OVERTHE LONG TERM.
AND THEY FLUCTUATE AND THE ALL
THIS IS [inaudible]
JERRY TO I'D THE BENEFITS THAT
THEY ARE ARE ARE PROMISED RIGHT
NOW AND EMPLOYEES GO TO THE
BARGAINING TABLE ON A REGULAR
BASIS TO MAKE ADJUSTMENTS WHEN
NECESSARY TO OVER FOUR HUNDRED
CONTRACTS HAVE BEEN ADJUSTED
LOOK LOCALLY IN CITIES AND
COUNTIES.
WHERE EMPLOYEES HAVE AGREED TO
PAY MORE OUT OF THEIR PAYCHECKS
FOR PENSIONS THEY'VE AGREED TO
REDUCE BENEFITS FOR NEW
EMPLOYEES AND THEY'VE STABILIZE
SYSTEMS LOCALLY VERY SIMILARLY
TO HOW?
GOVERNOR BROWN HIS STABILIZE THE
SYSTEM AT THE STATE LEVEL THIS
THE MEASURE IS A NEEDED IT'S
UNFAIR WE STRONGLY OPPOSE.
THANK YOU OTHER WITNESSES IN
OPPOSITION THAT AFTERNOON MISTER
CHAIRMAN SENATORS DASCHLE.
AMERICAN FEDERATION OF PLEASE.
FOR THE REASONS STATED BY MR AND
MISTER LOWER ALSO IN STRONG
OPPOSITION.
GOOD AFTERNOON MARIO GUERRERO ON
THEM ON BEHALF OF THE CALIFORNIA
FACULTY ASSOCIATION WE ALSO
ALAINA COMMENTS WITHIN THE
PREVIOUS COMMITTED [inaudible]
THANK YOU.
AS CHAIR MEMBERS MICHAEL YOU
KNOW WHAT THE CALIFORNIA LABOR
FEDERATION RUSSELL POST I THINK
YOU'VE.
GOOD AFTERNOON JOYCE WHEN
MARTINEZ WAY WITH THE CALIFORNIA
STATE TEACHERS RETIREMENT SYSTEM
ALSO IN OPPOSITION I GIVE.
GOOD AFTERNOON STEPHANIE TOTAL
THE FACULTY ASSOCIATION OF
CALIFORNIA COMMUNITY COLLEGES
WHERE ALSO STRONGLY OPPOSED TO
KEEP.
DAVE ARE AT REPRESENTING
CALIFORNIA RETIRED TEACHERS
ASSOCIATION ALSO IN OPPOSITION
[inaudible]
THANK YOU.
I MISTER CHAIR MEMBERS PAT RAN
WITH THEIR AND READING
ASSOCIATES REPRESENTING CAL FIRE
LOCAL.
TO EIGHTY ONE CALIFORNIA
ASSOCIATION OF PROFESSIONAL
SCIENTISTS PROFESSIONAL
ENGINEERS IN CALIFORNIA
GOVERNMENT.
ORANGE COUNTY EMPLOYEES
ASSOCIATION PEACE OFFICERS
RESEARCH ASSOCIATION OF
CALIFORNIA RETIRED PUBLIC
EMPLOYEES ASSOCIATION ALL IN
OPPOSITION.
HI GOOD AFTERNOON EVEN COUNTRY
WITH THE ASSOCIATION OF
CALIFORNIA SCHOOL ADMINISTRATORS
IN OPPOSITION [inaudible]
THANK YOU.
OKAY QUESTIONS FROM COMMITTEE
MEMBERS.
SEVERAL HERE YEAH.
IN ON THE PURSE COMMUNITY I I'VE
I'VE LEARNED.
QUITE A BIT.
AND I AND I'M CONCERNED I I
WANNA MAKE SURE.
EVERYBODY GETS THEIR PENSION.
WHAT'S.
TO OUR A COUPLE MONTHS AGO WE
HAD A YOU KNOW DINNER WITH THE
GOVERNOR.
AND HE INVITES HALF OF THE
CENTER IS OVER THEN THE OTHER
HALF.
AND SO HE HE I THINK HE THIS WAS
FOR PUBLIC USE BECAUSE HE SAID
IN FRONT OF ABOUT TWENTY OF US
--
AND I KNOW HE'S TRYING TO MAKE
THE PENSIONS RIGHT BUT HE SAID
YES HE TOLD US ALL ABOUT IT.
IN THREE TO FOUR YEARS TO BE.
CAREFUL BECAUSE ASWELL AND I
DON'T REMEMBER THE TERMINOLOGY
IS EITHER IT'S GOING TO EXPLODE
OR SOME ARMY BUT ANYWAY IT WAS A
WARNING FROM OUR GOVERNOR WHO
CARES OF HOT COM.
THESE PENSIONS IT THAT THERE
THERE IS A LOOMING CRISIS
ACCORDING HIM.
AND SO THAT CONCERNS ME IN IN
OVER THERE THE YEARS ASIDE BEEN
ON THIS COMMITTEE WITH YOU I'VE
HAD SOME OF THAT.
ACTUARY SPEAKING ASKING
QUESTIONS AND PALM AND THEY THEY
CAN'T ALWAYS GIVE YOU CONCISE
ANSWERS WITH.
WHICH IF THAT WAS MY MONEY AYE I
WOULD BE VERY CONCERNED BECAUSE
IT'S ALMOST LIKE THE HE TRIED
LEAD LEAD ME DOWN RABBIT TRAILS
INSTEAD OF GIVING YOU DIRECT
ANSWERS AND SO.
ON I'M.
IN SUPPORT OF THIS BECAUSE I
KNOW ON OUTSIDE OF TALKING ABOUT
CALPERS AND CAL STIRRERS --
I THINK IT WAS THE HOOVER
INSTITUTE SAID THAT --
THE TWO DEMOGRAPHICS THAT ARE
LEAVING CALIFORNIA --
ARE HIGHLY EDUCATED YOUNG.
FOR BASICALLY THE OF THE BULK OF
THE PEOPLE LEAVING CALIFORNIA
TAXPAYERS AND SO.
AND SO THAT MEANS BOMB
COLLECTING TAXES IN THE FUTURE
IS GOING TO GO DOWN WHICH MEANS
IT'S GOING TO BE TOUGHER AND
TOUGHER.
TO SOMEHOW RECONCILE ALL THESE
PROMISE BENEFITS BUT BUT AND
THAT'S WHY I'M GONNA MOVE THE
BILL BECAUSE I KNOW.
I I THINK HE A SINNER MORLOCKS
TRYING TO ACTUALLY SAY THIS AND
HE'S A FRIEND TO FIRE AND POLICE
AND TEACHERS BUT BOMB.
BUT SOMETIMES THESE THINGS DO
TAKE TWENTY YEARS OR SO BUT THAT
WARNING I I THINK I SEE IT
COMING.
BOMB BASED ON AGAIN SOME OF THE
THINGS THAT THAT I'VE HEARD
FROM.
FROM CALPERS DIRECTLY THEMSELVES
OPEN THE GOVERNOR SAID THAT --
YOU KNOW KIND OF SENATE KILLED
DOWN MY SPYING.
BOB MY LAKE OR WHATEVER BUT
ANYWAY -- SO
THANK YOU AND AGAIN I I MOVED
THE BILL BUT APPRECIATE YOU
BRING IT FORWARD.
S. OF THE BILL'S BEEN MOVE --
I JUST GUESS I JUST WANT TO SAY
IS THAT I APPRECIATE --
YEAR --
YOU'RE INTERESTED IN AND THAT
THE CONVERSATION I MEAN I'M I'M.
MY CONCERN IS IS THAT --
WHEN -- IT
HELPS WHEN YOU MAKE A PROMISE TO
SOMEONE ABOUT YOUR COMPENSATION
--
IT'S IMPORTANT THAT WE KEEP
THOSE PROMISES ALSO THAT FROM
PUBLIC POLICY STANDPOINT IT'S
IMPORTANT THAT IS SERVED UP
POPULATIONS AGING IS THAT OUR
RETIREES ARE --
ABLE -- TO
TO RETIRE WITH DIGNITY AND BE
INDEPENDENT OTHERWISE ACTUALLY
WE WILL END UP PAYING FOR ANYWAY
--
SINCE THROUGH HIS STATEMENT OUR
LOCAL GOVERNMENTS THAT HAVE TO
MAKE UP --
ANY DEFICIENCIES --
THROUGH VARIOUS --
PUBLIC SERVICES AND WELFARE AND
SO FORTH SO --
SOME FORTY I'M NOT ABLE TO
SUPPORT THAT THIS BILL AT THIS
TIME I APPRECIATE.
WHY YOU BROUGHT IT FORWARD I DO
THINK A?
BILL THE COURTS ARE CERTAINLY
LOOKING AT THIS TIME BUT SOMEONE
THAT IS EMPLOYED AND THEY START
A JOB THAT OTHER COMPENSATION.
YEAH XIN --
IT IS THAT PART OF THE
COMPENSATION --
NEED NEEDS TO BE HONORED SO --
WITH THAT I WOULD LIKE TO CLOSE.
THANK YOU MAY STRUCTURE OF
APPRECIATE YOUR COMMENTS --
THERE WAS --
A REAL HONOR TO HAVE TERRY
BRENNAN AND DAVID LOW AT THE
SAME TABLE I WISH I GIVE YOU MY
CELL PHONE.
BETTER FEDERAL.
SEPARATELY FOR LITTLE PHOTO OP.
BUT AYE MAYBE MAYBE FOR THAT BUT
MAYBE THE NEXT.
ONE IF YOU TAKE A PHOTO BOTTOM.
MISTER CHAIR I I APPRECIATE WAS
SOONER MORRELL SAID I AM NOT
HERE -- TO
VIA FOREIGN IN THE SIDE OF MY
BUDDIES.
AND THE UNION WORLD HERE I AM
TRYING TO PROTECT THE PENSIONS.
SO THAT WHEN OUR EMPLOYEES
RETIRE THEY GET THEIR BENEFITS
AND SO THAT'S THAT'S THE GOAL
THE ISSUE IS IS.
HOW DO WE PROVIDE A WORK OUT
OPPORTUNITY BEFORE GOING TO
CHAPTER NINE BANKRUPTCY COURT
WERE A FEDERAL JUDGE CAN?
UNWIND BARGAINING UNIT AGREEMENT
SAW HOW DO WE ALLOW.
OUR MANAGERS AND OUR BERGEN YOUR
INSTEAD THAT I DRESS AND PICK
SOMETHING BEFORE IT'S DONE TO
THEM BY A FEDERAL.
JUDGE AND I KNOW THAT IT ISN'T
JUST THE DEFINED BENEFIT PENSION
PLANS THAT ARE.
BECAUSE IN A LOT OF
MUNICIPALITIES HAVE TROUBLES
THEY MADE SOME OTHER DECISIONS.
THAT MAYBE THEY SHOULDN'T HAVE
MADE BUT CUMULATIVELY IT KIND OF
ADDS TO THAT THE CONSTERNATION
THE CASH FLOW.
PROBLEMS --
SO WE'RE LOOKING AT SAY SCHOOL
DISTRICTS SOME.
SOME OF THESE NUMBERS ARE
DRAMATIC LA COUNTY.
IF YOU LOOK AT THE LOS ANGELES.
UNIFIED SCHOOL DISTRICT KAFFIR.
THEY'RE UNRESTRICTED THE DEFICIT
IS TEN AND A HALF BILLION
DOLLARS THAT'S DRAMATIC.
SO WHAT HAPPENS WHEN TOO BIG TO
FAIL YOU KNOW STARTS TO HAVE.
A REAL ISSUE A CASH FLOW AT
CENTER.
SO THAT'S WHY I'M PROPOSING --
AS CA EIGHT SO THAT YOU HAVE A
TOOL [inaudible] FOR
MUNICIPALITIES --
TO SOMEHOW WORK WITH DEPARTING
UNITS. TO DO SOMETHING
PROSPECTIVELY TO SAVE THE PLAN
FOR EVERYONE BECAUSE WHAT HAPPEN
IN DETROIT SHOULD GIVE US A
LITTLE TASTE OF WHAT HAPPENS.
THE JUDGE REDUCE THE BENEFITS OF
RETIREE.%
IT SO THEIR THEIR BENEFITS FOR
REDUCE SO THEIR MONTHLY CHECKS
FOR IMPACTED SO.
WE'RE CONCERNED ABOUT THE
RETIREES IN AND THAT'S WHY I'M
PRESENTING THIS --
RECOMMENDATION JUST TO GIVE A
TOOL TO PROTECT NOT ONLY CURRENT
EMPLOYEES BUT FUTURE BUT OUR
RETIREES AS WELL.
SO WITH THAT MISTER THANK YOU
FOR INDULGING ME AND I
RESPECTFULLY ASK PER NIGHT VOTE.
OKAY THANK YOU --
THIS RECORD IT'S BEEN --
MOVED.
BY CENTER MORALE THE MOTION IS
[inaudible]
OKAY [inaudible]
A OF OKAY SO --
SO THE MOTION WOULD BE RE REFER
TO SEND ELECTIONS CONSTITUTIONAL
AMENDMENTS COMMITTEE --
SECRETARY PLEASE CALL THE ROLL
PENN NO SENSE NO MORAL.
IF I MERLE KIND LEYVA NO LEYVA
NO MORE LOCKED THRILLER AYE
PORTANTINO.
OKAY THE BILL'S CURRENTLY TO TO
PUT THE BILL ON CALL --
I DO SEE A SEPARATE THURMOND
CENTER MORE LIKE WOULD YOU I
KNOW YOU HAVE A SECOND ITEM TO
PRESENT SIR THIRD DID IT WOULD
YOU MIND LETTING ASSEMBLY MEMBER
TO THURMOND PRESENT AND THAT
WHOLE PROCESS TO YOUR SECOND
ITEM LAST NO WAY CHAIR.
THAT NO MATTER WHERE YOU LIVE
FOR HIM [inaudible]
N'T SURE THOUGHT IT.
HERE'S WHAT HE SAID OVER HERE TO
HELP [inaudible]
NQA HEALTH [inaudible]
BECAUSE IF [inaudible]
NOW.
YEAH BOX THAT THEY THINK THEY
CAN THANK YOUS CENTER MARLA GAS
FOR RECRUITING FOR INDULGING US
INDULGING ME AND THAT IF I
PRECEDED.
ITS OWNER THURMAN WELCOME SIGHT
WILL BE TAKING UP --
ITEM NUMBER THREE HR.
FORTY ONE I THINK YOU MISTER
CHAIR AND MEMBERS OF THE
COMMITTEE THANK YOU SENATOR MORE
LOCK YOUR FLEXIBILITY.
I'M HERE TO PRESENT.
I'M HERE TO PRESENT A DAY ARE
FORTY ONE REQUEST CONGRESS TO
ELIMINATE TWO PROVISIONS TO THE
SOCIAL SECURITY ACT PROGRAM.
THEY'RE HARMFUL TO HARD WORKING
CALIFORNIANS.
THE GOVERNMENT PENSION OFFSET
AND THE WINDFALL ELIMINATION
PROVISIONS OF THE OFFSET SO
SECURITY ACT THAT SEVERELY
IMPACT THE FINANCIAL SECURITY OF
OUR STATE'S PUBLIC SERVANT
RETIREES AS YOU KNOW.
HOW MANY PUBLIC EMPLOYEES --
LOSE THEIR RIGHT TO A CHARITY
INCLUDING THOSE WHO COME FROM
THE PRIVATE SECTOR PRIOR TO
BEGINNING THEIR PUBLIC SECTOR
SERVICE.
THOUGHT MAYBE THESE ARE TEACHERS
THAT AND POLICE OFFICERS AND
FIREFIGHTERS AND OTHERS OF WHO
FIND THEMSELVES VULNERABLE WHEN
IT COMES TIME TO RETIREMENT.
AND SO FOR THESE REASONS WE CALL
ON CONGRESS TO REPEAL THESE
OFFSETS AND TO ALLOW OUR FOR
THESE GREAT PUBLIC SERVANTS TO
HAVE --
SECURITY IN THEIR RETIREMENT A
WITH ME TO TESTIFY TODAY'S DAVID
WALRATH ON BEHALF OF THE
CALIFORNIA RETIRED TEACHERS
ASSOCIATION.
I RESPECTFULLY ASK YOUR AYE VOTE
OKAY THANK YOU WITNESSES
SUPPORT.
MISTER CHAIRMAN MEMBERS MY NAME
STATE WALRATH REPRESENTING
CALIFORNIA RETIRED TEACHERS
ASSOCIATION.
UP WE THANK ASSEMBLY MEMBER
SERMON FOR INTRODUCING THOSE A
RESOLUTION.
AS HE INDICATED US SOCIAL
SECURITY HAS TWO PENALTIES THAT
APPLY TO PEOPLE.
WHO ARE PUBLIC SERVICE?
ARE IF THEY HAVE EARNED SOCIAL
SECURITY BENEFITS.
AND SO WHAT HAPPENS IS IF YOU'VE
WORKED IN THE PRIVATE SECTOR.
AND AS A SCIENTIST [inaudible]
MATHEMATICS.
HOW MANY OF THE TYPES OF
PROFESSIONS IN TEACHING AND
DISCIPLINES THAT WE NEED TO
RECRUIT AND RETAIN AND TO
TEACHING?
FUTURE THEIR PRIVATE SECTOR AND
THEN DECIDE AFTER TWENTY YEARS
YOU WANT TO GO INTO TEACHING.
THE OUTCOME OF THAT IS YOU WILL
LOSE ABOUT HALF OF URINE SOCIAL
SECURITY BENEFITS --
ALSO BECAUSE YOU PROBABLY DO NOT
HAVE A FULL CAREER IN TEACHING
YOU WILL NOT HAVE AS MUCH OF IT
[inaudible]
CALPERS BENEFIT.
ADDITIONALLY IF YOU'RE THE
SPOUSE OF A SOCIAL SECURITY
EARNED.
YOU'LL LOSE PROBABLY EVEN WITH A
SMALL RETIRED TEACHER PENSION.
MOST IF NOT ALL OF YOUR SPOUSE
WILL BENEFIT.
AND MOST IF NOT ALL WHO THE
SURVIVOR BENEFIT [inaudible]
HIS EFFECTIVELY. FOR THOSE
PEOPLE WHO ARE IN THIS SITUATION
WHERE THE PART OF A DEFINED
BENEFIT PLAN --
PUBLIC.
THAT OUR IS NOT COORDINATED WITH
SOCIAL SECURITY EVEN IF YOU
WEREN'T SOCIAL SECURITY OUTSIDE
OF THAT PLAN YOU WILL BE
PENALIZED.
WE BELIEVE THAT'S INCORRECT.
A WE BELIEVE THAT CREATES
RETIREMENT AND SECURITY --
WHAT YOU PAID FOR YOU SHOULD
RECEIVE BECAUSE FOR THE
CONVERSATION WE HAD EARLIER
TODAY?
OF ALL OF THOSE REASONS ARE WHY
WERE URGING CONGRESS. TO REPEAL
THESE THEY AFFECT TEACHERS A
TECH [inaudible]
FIREFIGHTERS A PLACE OTHER FIRST
RESPONDERS CITY SOME CITY
EMPLOYEES SOME COUNTY EMPLOYEES
--
THEY ARE HARMFUL FOR THE WEEK
HAVE FROM.
SCHOOL POINT OF VIEW HARMFUL FOR
THE ABILITY TO RECRUIT NEW QUE
RETAIN.
QUALIFIED INDIVIDUALS ON OUR
CLASSROOMS FOR THESE REASONS WE
ASK FOR YOUR SUPPORT ON THIS
RESOLUTION.
OKAY THANK YOU OTHER WITNESSES
IN SUPPORT HACKETT OPINION EVEN
COUNTRY WITH ASSOCIATION OF
CALIFORNIA SCHOOL
ADMINISTRATORS.
JUST A SHED FURTHER SHED LIGHT
ON ON WHAT DAVE AND JUST
DESCRIBED.
FOUND WE HAVE A MEMBER WHO IS
WITH THAT HAVE BEEN EDUCATED FOR
TWENTY SIX YEARS.
BUT ALSO WORK AND AND PRIVATE
SECTOR FOR ELEVEN YEARS WEARING
WHAT SHE PAID INTO SOCIAL
SECURITY --
BEING THAT SHE WORKED AND WITH
AN EDUCATION.
AND AND AS A MEMBER OF CAL
STIRS.
WHEN SHE RETIRES IN THE NEXT
SEVERAL MY SO SECURITY BENEFIT
WILL BE REDUCED BY NEARLY FIVE
HUNDRED DOLLARS?
THIS IS FORCING SIGNIFICANT --
DECISIONS ON HER AND IN TERMS OF
OUR QUALITY OF LIFE ON THIS IS
JUST ONE OF MANY STORIES THAT
THAT UNFORTUNATELY HERE.
BROWN WE BELIEVE THIS IS ON
JUSTIN AND I AM STRONGLY SUPPORT
HR FORTY ONE THANK YOU.
THANK YOU.
GOOD AFTERNOON JOYCE WHEN
MARTINEZ WEIGHT WITH THE
CALIFORNIA STATE TEACHERS
RETIREMENT SYSTEM IN SUPPORT
FAQ.
AFTER MR MEMBERS BRIAN HOW THE
CALIFORNIA FEDERATION OF
TEACHERS OR AS PART THANK YOU.
GOOD AFTERNOON STEPHANIE TOTAL
WITH THE FACULTY ASSOCIATION OF
CALIFORNIA COMMUNITY COLLEGES IN
STRONG SUPPORT THANK YOU.
STERN MEMBERS PAT RAN WITH AND
READING ASSOCIATES REPRESENTING
THE RETIRED PUBLIC EMPLOYEES
ASSOCIATION SUPPORT THANK YOU.
MISTER CHAIRMAN I'M SANDRA
ADVERTS AND I'M ALSO WITH CAL
RTA.
AND I AM VERY MUCH IN STRONG
SUPPORT OF THIS BILL ON IF YOU
WOULD INDULGE ME I HAVE A LETTER
MATTER FACT I HAVE LOTS OF
LETTERS.
LOTS OF LETTERS.
BUT I WILL GO AHEAD AND GIVE
THEM TO YOU --
IT'S IT'S ONE SPECIFICALLY THAT
I WAS NOT INCLUDED IN THIS ITS
HAND WRITTEN AND IT'S BASICALLY
FROM A GAL WHO SEVENTY ONE YEARS
OLD THIS WAS LAST YEAR.
SHE WROTE THIS SO SHE SEVENTY
TWO SHE WORKED FOR THIRTY FOUR
YEARS AND PAID INTO SOCIAL
SECURITY HER HUSBAND DIED WHEN
SHE WAS.
FIFTY SO UP UNTIL THAT TIME SHE
WORKED AND THEN ALL OF A SUDDEN
SHE GOT A JOB FULL TIME TEACHING
SHE WORKED UNTIL SHE WAS. SIXTY
FIVE FIFTEEN YEARS OF SISTERS.
OFFSET COMPLETELY HER SOCIAL
SECURITY SO SHE'S LIVING ON A
RETIREMENT A FIFTEEN YEARS OF
SISTERS.
AND THIRTY FOUR YEARS OF PUTTING
INTO SAVE.
AND THESE ARE THEKINDS OF
LETTERS THAT WE ARE GETTING AS
WHEN I WAS PRESIDENT OF TOWER T.
A AND THIS IS WHAT I WOULD LIKE
TO GIVE YOU OKAY THANK YOU HAD
TO SERGEANTS ACTUALLY AND THEY
DON'T GIVE US.
THANK THANK YOU VERY MUCH.
WELCOME HI I'M BURNING CITY EL
I'M THE ORGANIZER OF THE
COMMITTEE FOR SOCIAL SECURITY
FAIRNESS WE'VE BEEN WORKING ON
THIS FOR NINE YEARS HALF WE'RE
LOOKING AT THINGS IN DIFFERENT
WAYS -- ONE
OF THE THINGS. ONE OF THE
REASONS THAT.
THIS WOMAN THAT OF WAS JUST
SPOKEN ABOUT WHO HAD THIRTY FOUR
YEARS OF PUTTING INTO SOCIAL
SECURITY.
BUT SHE DIDN'T GET HER SO HER
THE WEB WAVED THE WAY THEY TELL
YOU THIRTY YEARS OF WORKING
FIRST ISN'T WITH SOCIAL SECURITY
WAGES THAT YOU WILL BE.
BUT YOU KNOW THAT WILL BE --
WAVED FOR YOU.
YOU PUT IN FOR IN ONE YEAR IF
YOU PUT IN FIVE THOUSAND TWO
HUNDRED AND EIGHTY DOLLARS YOU
ARE PUTTING IN QUARTERS.
INTO SOCIAL SECURITY HERE YOU'RE
EARNING YEARS.
HOWEVER.
BUT THEY REQUIRE THAT YOU HAVE
SUBSTANTIAL EARNINGS IN ORDER TO
WAIVE THE WHIP.
AND SUBSTANTIAL EARNINGS FOR
THIS YEAR OR TWENTY THREE
THOUSAND EIGHT HUNDRED AND FIFTY
DOLLARS.
THAT'S A BIG DIFFERENCE.
ESPECIALLY FOR WOMEN I LOOKED AT
MY OWN RECORDS.
I HAVE OF ABOVE TWENTY SEVEN
QUARTERS.
ONLY ONE OF THOSE QUARTERS WOULD
DO.
WOULD OF WON ONLY ONE OF THOSE
YEARS WOULD HAVE MEANT.
THAT-- THAT
I REACHED AT THAT YEAR.
FALL I WOULD HAVE BEEN ABLE TO
USE THAT A SUBSTANTIAL EARNINGS.
BUT AS YOU KNOW THESE BILLS ARE
REALLY POORLY.
DESIGNED I MEAN THEY WERE.
KEVIN BRADY HAS BEEN YELLING FOR
YEARS THAT THE WEB IS NOT DOING
WHAT IT'S SUPPOSED TO IT NEEDS
TO BE CHANGED HALF THE
GOVERNMENT PENSION OFFSET WAS A
COMPROMISE IN.
BETWEEN THE SENATE AND THE HOUSE
--
THERE'S NO REASON WHY TWO
THIRDS.
OF YOUR OF YOUR PENSION SHOULD
OFFSET YOUR SOCIAL SECURITY.
I'M I GET LOTS OF SAD STORIES
PART OF THE PROBLEM WITH THE SAD
STORIES IS THAT.
A LOT OF PEOPLE RELY ON THEIR
LAWYERS CALIFORNIA LAWYERS DO
NOT KNOW.
ABOUT THE WEAPON THE GPO WHEN
THEY'RE AWARDING --
PAYMENTS IN A DIVORCE THEY DON'T
KNOW THAT.
THE WILL USUALLY THE WIFE IS NOT
GOOD AND GET THE SOCIAL SECURITY
THEY HAVE TO CUT THEIR FUTURE
PENSION AND HEALTH GIVE IT TO
THEIR HOPES BUT THEY GET NOTHING
IN RETURN.
LAWYERS IN CALIFORNIA NEED TO BE
ARE YOU GUYS DO YOU.
RIGHT OUT OF THE OTHER ONE MORE
THING IS THAT.
ANOTHER VERY SAD STORY THAT WE
HEARD WHEN WE DID A SURVEY
WASN'T LOTS OF PEOPLE LOSE
MONEY.
BECAUSE OF THE US.
AND THEY DID NOT KNOW CAL STIRS
WHO'S BEEN DOING A REALLY GOOD
JOB OF EDUCATING TEACHERS
[inaudible]
BUT ANOTHER THING TO THINK ABOUT
WOULD BE. TO REQUIRE THAT
EMPLOYERS EVERY YEAR WITH A
CONTRACT EVERY YEAR IF THEY TELL
PEOPLE. TO CHECK BECAUSE PEOPLE
DO NOT ROUTE THANK YOU FOR
CONSIDERING THIS RESOLUTION
ACCOUNT THANK YOU THANK YOU.
ANY WITNESSES IN OPPOSITION.
SEEING NONE QUESTIONS YOU
COMMITTEE MEMBERS --
FEDERAL.
THANK YOU MISTER.
HELLO DOCTOR THURMOND.
ADAM WHO WERE YOU EXPECTING TO
ACCOMPLISH WITH THE RESOLUTION
[inaudible]
THIS TIME.
THE WILL THE RESOLUTION RAISES
SELFRIDGES THIS MATTER IS AND
SENDS A MESSAGE TO OUR
CONGRESSIONAL DELEGATION TO THE
PRESIDENT THAT WE NEED ACTION AT
THIS TIME --
WHEN YOU CONSIDER --
THE SIZEABLE TEACHER SHORTAGE
THAT WE EXPERIENCE ABOUT THIS
COUNTRY --
OF PROPHECY LIKE THIS SERVES AS
A DISINCENTIVE TO SOMEONE WHO
MIGHT ENTER THE TEACHING FORCE
OR REMITTED TINA NM WELL AWARE
THAT I AM IN THIS CATEGORY.
I'M JUST KIND OF CURIOUS WE'VE
DONE A FEW OF THESE RESOLUTIONS
IN THE PAST RECENT.
THREE TO YOU KNOW PRESIDENT
OBAMA AND I'M JUST I'M JUST
WONDERING.
IS THIS THE BEST.
WAY TO GET THE ATTENTION OF
CONGRESS CAESURA.
IS THERE LIKE A A BLUE RIBBON
COMMITTEE WE COULD PUT TOGETHER
TO MEET WITH THE CONGRESSIONAL
DELEGATION OF CALIFORNIA AND
GIVE THEM.
SOME KIND OF IDEA FOR BILL
BECAUSE IT IS A RESOLUTION.
I'M I'M HELP ME OUT I I'M I'M
NOT SEEING IS.
COULD OF DONE IT AND I JUST.
WANT TO SEE IF THERE'S SOMETHING
ALL MORE EFFECTIVE WITH WITH ALL
DUE RESPECT WINDOWS WE'VE DONE
THIS BEFORE.
REACH THE LEVEL OF SAYING WE
SHOULD NO LONGER TRY ONE PROBLEM
CONTINUES TO EXIST.
GO OUT AND IT HASN'T WORKED
THREE TIMES I'M I'M JUST SAYING
I'M TRYING TO FIGURE OUT HOW HOW
TO HELP YOU YES TO GET SOMETHING
DONE THAT MY MIND.
DO BETTER AT THAT SALAS I THINK
YOUR SON WILL HAVE THE ANSWER
I'M JUST TRYING.
TO YES SIR HELP OUT CENTER I
THINK YOUR SUGGESTION WAS A
GREAT ONE THAT WE WOULD CAN DENY
A BLUE RIBBON PANEL --
IS A GREAT ONE THIS RESOLUTION
IS PART OF THE SOLUTION BY
ITSELF NO WE CANNOT CHANGE
CONGRESSIONAL ACTIVITY.
BUT IT SAYS HOW URGENT THIS%
MATTER IS NOT CALIFORNIA STATE
LEGISLATURE --
ADOPTS AND PUT ITS STAMP OF
URGENCY THAT ACTION IS NEEDED
AND I WOULD CERTAINLY WELCOME
YOUR HELP.
IF YOU WANT TO BE A PART OF THAT
BLUE RIBBON PANEL AS YOU
MENTIONED THAT YOU ARE SOMEONE
IS ALSO AFFECTED BY THIS YOU GET
THE URGENCY OF IT --
THIS IS A STEP TOWARDS ACTION IS
NOT THE ONLY MEASURE BUT I THINK
IN TANDEM WITH OTHER STEPS WE
THINK THAT WE CAN HAVE GREAT
IMPACT.
THANK YOU THANK YOU.
S. R. LEYVA.
I DON'T THINK FOR BRING IT
FORWARD I THINK WE DO IT UNTIL
IT MAKES A DIFFERENCE --
SOMETIMES WHEN YOU DON'T
CONTINUE DO THINGS OVER AND OVER
AGAIN PEOPLE THINK YOU DON'T
CARE ABOUT IT ANYMORE AND I
THINK UNTIL WE CAN GET THE WHITE
HOUSE WHATEVER ADMINISTRATION.
TO TAKE ACTION WE HAVE TO KEEP
DOING THIS IS DISPROPORTIONATELY
AFFECTS WOMEN.
AND I THINK I HEARD YOU SAY YOU
WANT TO MARCH ON THE WHITE HOUSE
HE WANTED TO DO THAT ARE.
SO I'LL BE HAPPY TO ORGANIZE
THAT FOR US.
GIVING EVERYBODY A ONE WAY
TICKET [inaudible]
THE MOTION.
WE SHOULD GET BACK.
KAYSER MOTION TO THE BILL OKAY
IT'S BEEN.
MOVED BY US ARE LEYVA AND THE
SEVEN OF THEM AND I THANK YOU
FOR BRINGING THIS FORWARD.
I REALIZE UNFORTUNATELY OUT THAT
THIS REQUIRES FEDERAL ACTION IT
SO WE'RE WE'RE SORT OF PARTY
CONSIGNED.
TO ASKING THEM OVER AND OVER
AGAIN BUT I AGREE WITH SARA
LEYVA THAT --
WE WANT TO ENSURE THAT OUR
CONGRESSIONAL DELEGATION AND
WHITE HOUSE UNDERSTAND THAT THIS
IS STILL A VERY HIGH PRIORITY IN
THIS IS HAVING A VERY NEGATIVE
IMPACT ON THE PEOPLE OF OUR
STATE.
ARE.
EDUCATION COMMITTEE AS WELL SO
WITH THAT WHICH LIKE CLOTHES CHO
THANK YOU MISTER CHAIRMAN THANK
YOU TO THE MEMBERS OF THE
COMMITTEE FOR YOUR INPUT THANK
YOU VERY MUCH AND YOU KNOW AND
THANK YOU SENATOR I THINK YOU
LIFT UP THAT THIS IS.
TRULY A BIPARTISAN ISSUE THAT
IMPACTS PEOPLE ON ALL PARTIES
AND I FEEL WITH THAT AND OUR
FOCUS THAT WE HAVE THE CHANCE
CREE RETIREMENT SECURITY.
GALAXY THIS WHEN I FIRST HEARD
ABOUT THIS ISSUE I TOTALLY
UNDERSTAND IT I'M HONORED TO
HAVE GREAT CONSTITUENTS LIKENESS
CITY WHO REALLY BROKE DOWN FOR
US AND FOR ME.
BUT WHAT I DO UNDERSTAND IF YOU
PAY INTO SOMETHING.
ON THE MIDDLE PRINCIPLE THAT WE
TEACH PEOPLE YOU YOU PROVIDE A
HARD DAY'S WORK YOU SHOULD BE
PAID IN RETURN IF YOU INVEST IN
A SYSTEM.
THAT IS THE FUNDAMENTAL WAY WE
HAVE THE RETIREMENT IN THIS
COUNTRY.
THE IDEA TO GET YOUR RETURN ON
BEHALF OF ALL CALIFORNIANS I
RESPECTFULLY ASK YOUR AYE VOTE.
OKAY THANK YOU SO IT'S BEEN
MOVED BY SIR LEYVA THE MOTION IS
--
AND ADOPTION HAS BEEN ORDERED TO
THIRD READING ACEKARD PLEASE
CALL THE ROLL PENNED BY PENN I
LEAVE US HE'S A MORROW.
LEYVA HIGH LEYVA AYE MORLOCK
WOULD BE A CONFLICT CLICK
DEBENTURES TO BUY VOTED FOR IT.
YEAH.
BECAUSE THE FINANCIAL BENEFIT
DIRECTLY FOR YOU AT ALL HIGH.
MORE AYE PORTANTINO [inaudible]
MORRELL.
IF THEY ARE IF YOU ARE.
FORTY ONE WE ORDERED.
THIRD READING [inaudible]
MORE LOCK [inaudible]
HIS.
BUT I TOMORROW [inaudible]
OKAY.
ALRIGHT SO THAT BILLS --
DOUBLES YES RIGHT FROM.
OKAY SO THAT BILLS CURRENTLY
THREE ZERO WILL PUT THE BILL ON
CALL SELF MEMBER WHO SAT
NIGERIA.
THANKS VERY MUCH THANK YOU.
THANK YOU SOME MORE LIKE --
ITEM NUMBER TWO S. C. A. TEN
THANK YOU SO MUCH THAT A LOT FOR
ALLOWING US A MEMBER THURMOND
[inaudible]
TO PRESENT BETWEEN [inaudible]
OKAY [inaudible]
WELCOME YET [inaudible]
NO FUTURE.
YOU MISTER CHAIR THE COLLEAGUES
--
THE IDEA FOR THIS PROPOSAL AT
CA.
TEN COMES FROM THE CHARTER OF
THE CITY AND COUNTY OF SAN
FRANCISCO.
HOW THE PREMISE IS SIMPLE ALLOW
MANAGEMENT TO NEGOTIATE IN GOOD
FAITH WITH THE BARGAINING UNITS?
IF ONE OF THE ITEMS NEGOTIATED
FOR ITS AN IMPROVEMENT TO THE
RETIREMENT BENEFITS.
AND IF IT WILL CREATE AN
IMMEDIATE UNFUNDED LIABILITY OUR
DEBT.
THEN THE VOTERS SHOULD WAY AND
THE THE GRANTING OF FOOD WE SAID
EARLIER THE GRANTING OF 3%
FIFTEEN RETROACTIVE TO THE DATE
OF HIRE A 50% INCREASE FROM 2%
AT THIRTEEN CREATED A MASSIVE
NEW DEBT.
BUT THE STATE'S CONSTITUTION
MANDATES THAT ANY NEW DEBT IS TO
BE APPROVED BY TWO THIRDS VOTE
OF THAT THE MUNICIPALITIES
CONSTITUENTS. ONE COULD ARGUE
THAT THE HORSE IS ALREADY OUT OF
THE BARN AS MOST CALIFORNIA
AGENCIES HAVE ALREADY.
GRANTED MASSIVE DEFINED BENEFIT
PENSION PLAN BENEFIT
ENHANCEMENTS.
BUT THERE ARE STILL SOME THAT
ARE PRESSURED BY BARGAINING
UNITS TO IMPROVE RETIREMENT
BENEFITS IN ORDER TO BE
COMPETITIVE.
THEN THEY NEGOTIATED AND HAVE
THE TAXPAYERS OWN AT THE PUBLIC
EMPLOYEES UNIONS IN CENSUS COULD
HAVE DONE FINE WITH THE
PROVISION FOR MORE THAN ONE
HUNDRED YEARS.
IN RESEARCHING STATES AND HOW
THEY ARE DEALING WITH PENSION
PLAN LIABILITIES I FOUND
INTERESTING EXCEPTION THE STATE
OF GEORGIA.
THE STATE'S CONSTITUTION
REQUIRES THAT IF PENSION
BENEFITS ARE NEGOTIATED THAT CAN
ONLY BE APPROVED IF IMMEDIATE
LIVE AT THEM THERE IF IF ANY
IMMEDIATELY I BELIEVE THAT IS
CREATED.
IS PAID UP FRONT.
AND IN TOTAL BEFORE THE IMHO YOU
BECOMES EFFECTIVE.
NO THAT KIND OF PREVENTS A LOT
OF BENEFIT ENHANCEMENTS WE DID A
SIMILAR BALLOT MEASURE IN ORANGE
COUNTY WAS MEASURE J. BACK IN.
TWO THOUSAND EIGHT WHICH
REQUIRED VOTERS TO APPROVE
PENSION ENHANCEMENTS DIE A
PASSED RATHER WELL.
AT CA TEN IS GOOD FISCAL
MANAGEMENT AND FOLLOWS THE
SPIRIT OF OUR STATE CONSTITUTION
A NEW BORROWINGS AND ACCORDINGLY
IRIS RESPECTFULLY REQUEST AN AYE
VOTE.
OKAY THANK YOU --
WITNESSES AND SUPPORT.
MASON WITNESSES IN OPPOSITION.
THAT NORMALLY WE NEED A
COMMISSION OF THE CHAIR TO TAKE
PHOTOS OF THANK HER HAIR I WILL
TAKE.
GET REALLY CHUMMY [inaudible]
OKAY AREA.
AND MISTER CHAIRMAN SENATORS
JERRY BROWN AND HOW BEHALF OF
SEIU CALIFORNIA REPRESENTING --
LITTLE OVER SEVEN HUNDRED
THOUSAND TAXPAYING.
HARDWORKING PUBLIC EMPLOYEES IN
CALIFORNIA.
OKAY SEE THIS THIS [inaudible]
WHO MEASURE?
FLIES IN THE FACE OF THE
COLLECTIVE BARGAINING PROCESS AS
MR LOW MENTIONED EARLIER ABOUT
SINCE THE PASSAGE OF THE PEPPER
ACT.
ABOUT FOUR HUNDRED AGENCIES HAVE
NEGOTIATED CONTRACTS.
YEAH ABOUT SIX HUNDRED DIFFERENT
CONTRACTS AMONG THOSE FOUR
HUNDRED AGENCIES.
AND ALL OF THEM DEALT WITH
MITIGATING THE PENSION COSTS IN
SOME WAY SHAPE OR FASHION THERE
WERE EMPLOYEES WHO CAME TO THE
TABLE.
ANDNEGOTIATED TO BE PARTNERS IN
SAVING LEASE PENSIONS ARE NOT
THE ENEMY HERE THERE THE PAST
PARTNER LOCAL AGENCIES IN THE
STATE HAVE IN PROTECTING THESE
PENSIONS BECAUSE IT'S THEIR
NUMBER ONE INTEREST AS WELL.
AND IN FACT.
MISTER LOW'S ORGANIZATION DID A
LITTLE STUDY ON ABOUT A HUNDRED
AND TWENTY FIVE SCHOOL
DISTRICTS.
AND WHAT IS HAPPENED TO THEIR
TOTAL COMPENSATION.
FROM TWO THOUSAND THIRTEEN TELL
NOW.
WITH ALL THE INCREASES IN THE
PENSION COSTS AND IN FACT MORE
THAN TWO THIRDS OF THEM WERE
EITHER FLAT.
OR THEIR TOTAL COMPENSATION HAD
GONE DOWN RELATIVE TO THEIR
ENTIRE BUDGET.
CHAU ACT THE TABLE WITH THE
EMPLOYER THE EMPLOYEES HAD
NEGOTIATED. ZERO OR NEGATIVE
IMPACT OF THESE INCREASES IN THE
PENSION COSTS THEIR REAL.
THEY'RE GOING UP BUT THERE ARE
WAYS TO DEAL WITH THEM AND THIS
TAKES ONE BIG CHUNK OF THAT OFF
THE TABLE.
AND IN THE PAST TO GET THESE
PENSION INCREASES THAT WE HAVE
NOW THE PENSION FORMULAS THAT
PEOPLE ARE CURRENTLY RETIRING ON
THEIR WAGES GIVEN UP.
THERE WERE CONTRIBUTIONS TO
HEALTH CARE GIVEN UP THERE WERE
OTHER FACTORS GIVEN UP. TO
PURCHASE THIS BENEFIT AT THE
TABLE.
AND TO TAKE THAT AWAY OR REQUIRE
A TWO THIRDS VOTE OF THE PUBLIC
[inaudible]
TAKES.
THE RESPONSIBILITY AWAY FROM THE
ELECTED LEADERS.
AND THE RETIREE ACTIONS IN THE
RETIREES THE REPRESENTATIVES OF
THE EMPLOYEES AT THE TABLE FOR
THAT REASON MORE POSTS THE BILL.
MISTER CHAIRMAN.
MEMBERS SAID DAVE LOW CALIFORNIA
SCHOOL EMPLOYEES ASSOCIATION SO
I'M.
NEVER IN MY THIRTY EIGHT YEAR
CAREER DID I THINK I'D SEE AN
ORANGE COUNTY REPUBLICAN COME UP
HERE AND SAY THEY WANT TO BE
MORE LIKE SAN FRANCISCO.
UP UP UP UP YOU STEALING MY YOU
KNOW.
BUT AS AS TERRY SAID.
WE ARE GOING TO THE TABLE BUT
WE'RE NOT NEGOTIATING PENSION
INCREASES.
THAT WERE NEGOTIATING FOR
PENSION BACKS THAT WE'RE TRYING
TO SAVE THE EMPLOYERS MONEY OR
TRYING TO STABILIZE THE SYSTEM
WHERE PAYING MORE INTO THE
SYSTEM SO IT IN SOME RESPECTS
THIS IS A A SOLUTION SEEKING A
PROBLEM AND THERE HASN'T BEEN A
A SCHOOL EMPLOYEE PENSION
INCREASE CENSOR.
IN IN EIGHTEEN YEARS AND PRIOR
TO THAT THERE HADN'T BEEN ONE
FOR ABOUT TWENTY FIVE YEARS.
SO YOU KNOW THE PENSION
INCREASES ARE ARE RELATIVELY
RARE.
AND THEY GENERALLY COME WITH
SOME SORT OF OFFSETTING ABOUT --
THAT GIVE BACK SO YOU KNOW THIS
WOULD REQUIRE A TWO THIRDS VOTE
EVEN IF IF THE NET WAS OF A
SAVINGS FOR THE EMPLOYER WOULD
STILL REQUIRE A TWO THIRDS VOTE
AYE IT'S VERY.
BAD POLICY AND WE SHOULD NOT
REJECT.
OTHER WITNESSES IN OPPOSITION.
MARIO GUERRERO BECAUSE HALF OF
THE CALIFORNIA FACULTY
ASSOCIATION ALIGN OUR OUR
COMMENTS WITH OUR AFFILIATE SEIU
--
WE ARE OPPOSED THANK YOU THANK
YOU.
MISTER CHAIR MEMBERS PAT MORAN%
WITH AARON READING ASSOCIATES
REPRESENTING CAL FIRE LOCAL TO A
ONE CALIFORNIA ASSOCIATION OF
HIGH PATROLMAN.
CALIFORNIA ASSOCIATION OF
PROFESSIONAL SCIENTISTS
PROFESSIONAL ENGINEERS IN
CALIFORNIA GOVERNMENT ORANGE
COUNTY EMPLOYEES ASSOCIATION
PEACE OFFICERS RESEARCH
ASSOCIATION CALIFORNIA RETIRED
PUBLIC EMPLOYEES ASSOCIATION ALL
OPPOSITION.
THANK YOU.
JOSH WILL GO GO AT THE AMERICAN
FEDERATION OF STATE COUNTY AND
MUNICIPAL EMPLOYEES IN
OPPOSITION.
MICHAEL YOUNG ABOUT THE
CALIFORNIA LABOR FEDERATION ALSO
YOUR POST THANK YOU.
WRESTLING MARTINEZ WAIT OF THE
CALIFORNIA STATE TEACHERS
RETIREMENT SYSTEM IN OPPOSITION
THANK YOU.
RIGHT NOW IT CALIFORNIA
FEDERATION OF TEACHERS OR OPPOSE
THANK YOU. SEVEN IT OUT OF THE
FACULTY ASSOCIATION OF
CALIFORNIA COMMUNITY COLLEGES
ARE ALSO OPPOSED THANK YOU.
YVONNE COUNTRY WITH ASSOCIATION
OF CALIFORNIA SCHOOL
ADMINISTRATORS ALSO POST THANK
YOU.
OKAY QUESTIONS ARE COMMITTEE
MEMBERS THEIR LEYVA.
NO QUESTION BUT I WANTED TO
REITERATE SOMETHING THAT TERRY
SAID FROM SEIU I THINK WHAT MOST
PEOPLE HAVE NEVER NEGOTIATED A
CONTRACT DON'T KNOW.
IS THAT MORE OFTEN THAN NOT THE
WORKER DOES GIVE UP PAY
INCREASES IN ORDER JUST KEEP
THEIR PENCHANT STATUS QUO I KNOW
IN THE TWELVE YEARS THAT I
NEGOTIATED FROM MY MEMBERS --
THAT'S WHAT WE DID OVER AND OVER
AGAIN SO YOU'RE GIVING SOMETHING
UP SO THAT YOU HOPE THAT YOU
HAVE A STABLE RETIREMENT WHEN
YOU RETIRE AND YOUR TOOL TO
WORK.
ALL OF THE BILL BY THE WAY OKAY
THANK YOU.
NO QUESTIONS.
A SO I WOULD JUST SAY.
SO AGAINST IRAQ APPRECIATE --
YEAR --
INTEREST AND EFFORTS AROUND OUR
PENSIONS I GUESS.
YOU KNOW IS IS MENTIONED BY BOTH
--
OPPONENTS OF THE BILL AB WHAT
HAPPENS IS THAT PEOPLE NEGOTIATE
TOTAL COMPENSATION SO I DON'T
SEE HOW THIS FUNCTIONALLY WORKS
WHERE ONLY ONE PIECE THE
COMPENSATION.
THAT GOES TO THE BALLOT BOX AND
THEN WHAT HAPPENS IF.
YOU KNOW AND THAT AND THAT
OUTLET WILL GET INTO THE TWO
THIRDS ARE THE MAJORITY BUT
THEN.
IF IT GETS REJECTED DOES THAT
MEAN THAT THEY GET THAT MONEY
BACK IN SOME OTHER WAY HOW HOW
THIS THAT THAT WORK IS USUALLY
THAT'S A COMBINATION TRADE OFFS
AND WHETHER IT'S AROUND.
PENSIONS ARE.
HEALTH CARE --
THAT'S A BIG ONE TOO L. --
THEIR ACTUAL CONTRIBUTION
DIRECTLY OF OUR SALARY.
ALL THESE THINGS INTERPLAY SO I
THINK IT'S I THINK IT'S JUST A
BIG CHALLENGE TO DO THAT WITH
THAT SO.
WITH THAT --
WOULD YOU LIKE TO CLOSE.
THANK YOU MISTER CHAIR.
OF THE US RESULTS WE ARE.
PRETTY CLOSE DON'T --
MR LOW SORT OF TOOK MY JOKE
BETTA.
I WOULD SHARE WITH.
MY CONSTITUENTS THAT I STOLE THE
IDEA FROM A CONSERVATIVE COUNTY
CALL SAN FRANCISCO.
NUMB.
BUT IT'S BEEN WORKING THERE
MISTER CHAIR OF FOR OVER A
HUNDRED YEARS.
AND IT PROTECTS THE TAXPAYERS
AND SHOULD PROTECT THE EMPLOYEES
AS WELL.
SO I AGREE WITH YOU SENATOR
LEYVA --
WHEN I NEGOTIATED --
WE HAVE A LOT OF FUN BUT PREP
BEFORE I BECAME A SUPERVISOR THE
ORANGE COUNTY EMPLOYEES
ASSOCIATION.
ACTUALLY INCREASE THEIR
WITHHOLDINGS.
OUT WHICH WAS FINE BUT THE
DEPUTY SHERIFFS DID NOT.
ANY CREATED IMMEDIATE DEBT
WITHOUT ANY FORM OF PAYING IT --
SO THAT'S WHAT WE'RE TRYING TO
TO PROTECT IS.
TO MAKE SURE THAT THE TAXPAYERS
RATIFY AND AGREE.
TO AN INCREASE IN THE FUTURE
AGAIN LIKE I SAID THE HORSE MAY
BE OUT OF THE BARN.
BUT IN THE FUTURE IF SOMETHING
COMES UP THEN THEY SHOULD AT
LEAST.
BE ABLE TO RATIFY AND APPROVE
THAT TRANSACTION AND THEREFORE I
RESPECTFULLY ASK FOR AN AYE
VOTE.
OKAY THANK YOU --
THE MOTION IS THE FACT THAT BY
SENATOR MORALE AYE AND THE
MOTION WOULD BE.
TO STOP THE TO BE REFERRED TO
THE SENATE ELECTIONS A
CONSTITUTIONAL AMENDMENTS
COMMITTEE --
SECTOR OF PLEASE CALL THE ROLL
THEM THOUGH AND FLEW RURAL.
HIGH GROWTH AYE LEYVA NO
CLEVELAND NO MORE LAKHANI MORE
LIKE I PORTANTINO.
PORTANTINO NO.
OKAY SAYS THIS ITEM FAILS --
TO THREE DOUCHE RECONSIDERATION
WEEKNIGHTS.
OKAY -- SO I
GUESS TECHNICALLY WE HAVE TO DO
RECALL FREE CONSIDERATION US A
GOOD FOR US.
AS WELL YET WE'RE GOING TO GO WE
HAD SUCH INCLUDES A ROLE WE GET
THAT YES SO --
SECTOR PLEASE CALL THE ROLL ON
RECONSIDERATION OF ITEM NUMBER
TWO AT CA.
TEN AND BY TEN AYE MORRELL.
TOMORROW I LEAVE I BELIEVE MORE
LOCK.
MORE LIKE AYE PORTANTINO AYE
PORTANTINO AYE OKAY SO NOW LET'S
GO AHEAD AND LIFT THE CALL ON
THE OUR ITEM SO NUMBER ONE ITEM
NUMBER ONE AS CA --
EIGHT SIR MORE LIKE PLEASE.
THE MOTION THAT IT WOULD BE.
TO WELL --
THAT FOR ITEM FAILS TO WISH
RECONSIDERATION CONSUMER LIKE
OKAY SO --
PLEASE CALL THE ROLL FOR
RECONSIDERATION ANTI GUN AYE
MORRELL.
I GREW AYE LEVER AYE LEVER AYE
MORE WORK.
MORE LIKE I PORTANTINO I THINK
IT'LL GRANT RECONSIDERATION
FINALLY ITEM NUMBER THREE HR
FORTY ONE BY SOME MEMBER THURMAN
AND MOTIONS TO MOVE TO THE THIRD
READING ON THE FLOOR.
SECURE PLEASE CALL THE ROLL
ABSENT MEMBERS CURRENT VOTERS
THREE ZERO MORAL PORTANTINO AYE
AYE PORTANTINO AYE OKAY SO
THAT'S OUT OF FOUR ZERO OKAY.
WITH THAT --
WE HAVE CONCLUDED THE JENNIFER
THIS HEARING OF THE SENATE.
COMMITTEE ON PUBLIC EMPLOYMENT
RETIREMENT AND WE ARE NOW
ADJOURNED