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    Entries in San Jose (1)


    The Week in Public Finance: Pension Buyouts, a New Way to Pay for Family Leave and More

    A roundup of money (and other) news governments can use.
    BY  MARCH 11, 2016

    San Jose’s Never-Ending Pension Battle

    A former San Jose, Calif., councilman who was instrumental in convincing voters to approve pension changes in that city four years ago is now filing papers in court to protect his legislation.

    Pete Constant, who's now a senior fellow with the libertarian-leaning Reason Foundation, is challenging San Jose officials’ request pending before a judge to strike down Measure B. City officials are now in talks with unions to abandon it in favor of other changes they're negotiating that wouldn't require voter approval.

    By doing so, Constant said in a press release Wednesday, the city will “abandon its obligation to defend Measure B and is poised to sell-out the voters.”

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