{"id":1589,"date":"2011-10-27T19:33:00","date_gmt":"2011-10-27T19:33:00","guid":{"rendered":"http:\/\/www.goyetteassociates.com\/?p=1589"},"modified":"2011-10-27T19:33:00","modified_gmt":"2011-10-27T19:33:00","slug":"main-points-of-governor-browns-pension-reform-plan","status":"publish","type":"post","link":"https:\/\/caindependentteachers.com\/?p=1589","title":{"rendered":"Main Points of Governor Brown\u2019s Pension Reform Plan"},"content":{"rendered":"<h1>Main Points of Governor Brown\u2019s Pension Reform Plan<\/h1>\n<p>\u00a01. Equal Sharing of Pension Costs: All Employees and Employers<\/p>\n<p>2. \u201cHybrid\u201d Risk-Sharing Pension Plan: New Employees<\/p>\n<p>3. Increase Retirement Ages: New Employees<\/p>\n<p>4. Require Three-Year Final Compensation to Stop Spiking: New Employees<\/p>\n<p>\u00a05. Calculate Benefits Based on Regular, Recurring Pay to Stop Spiking: New Employees<\/p>\n<p>6. Limit Post-Retirement Employment: All Employees<\/p>\n<p>\u00a07. Felons Forfeit Pension Benefits: All Employees<\/p>\n<p>\u00a08. Prohibit Retroactive Pension Increases: All Employees<\/p>\n<p>9. Prohibit Pension Holidays: All Employees and Employers<\/p>\n<p>10. Prohibit Purchases of Service Credit: All Employees<\/p>\n<p>11. Increase Pension Board Independence and Expertise<\/p>\n<p>12. Reduce Retiree Health Care Costs:<\/p>\n<p>State Employees Savings will be in the neighborhood of $900 million per year to the State.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Main Points of Governor Brown\u2019s Pension Reform Plan \u00a01. Equal Sharing of Pension Costs: All Employees and Employers 2. \u201cHybrid\u201d Risk-Sharing Pension Plan: New Employees 3. Increase Retirement Ages: New Employees 4. Require Three-Year Final Compensation to Stop Spiking: New Employees \u00a05. Calculate Benefits Based on Regular, Recurring Pay to Stop Spiking: New Employees 6. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[64],"tags":[75,121,142,143,132,144,134,145],"class_list":["post-1589","post","type-post","status-publish","format-standard","hentry","category-california-teachers-pensions-calstrs","tag-benefits","tag-california","tag-contribtutions","tag-defined-benefits","tag-pension","tag-pers","tag-reform","tag-retirement"],"_links":{"self":[{"href":"https:\/\/caindependentteachers.com\/index.php?rest_route=\/wp\/v2\/posts\/1589","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/caindependentteachers.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/caindependentteachers.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/caindependentteachers.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/caindependentteachers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1589"}],"version-history":[{"count":0,"href":"https:\/\/caindependentteachers.com\/index.php?rest_route=\/wp\/v2\/posts\/1589\/revisions"}],"wp:attachment":[{"href":"https:\/\/caindependentteachers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1589"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/caindependentteachers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1589"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/caindependentteachers.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1589"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}