California – Governor Brown to propose less generous pensions, higher retirement age

The Sacramento Bee – October 26, 2011 Gov. Jerry Brown will propose a higher retirement age and a less generous pension system for newly-hired state workers, sources familiar with Brown’s pension plan said this afternoon. The Democratic governor, who is expected to release his pension plan Thursday, will also propose prohibiting the purchase of additional…[ http://blogs.sacbee.com/capitolalertlatest/2011/10/jerry-brown-to-propose-mandatory-hybrid-among-pension-changes.html ]

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California – Governor Brown to propose less generous pensions, higher retirement age

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