Tuesday, May 24, 2011

City faces the right direction, but too afraid of reform

The UT just reported a silent contortion of the public process:
Come July, Encinitas employees will contribute 5 percent of their pension contribution, up from the 3.8 percent they do now, city Human Resources Manager Tom Beckord said.

Was this approved in public?  Was there a secret council vote? Why is an increase of 1.2percentage points the right number? Does that keep the city's long-term finances sound?

1 comment:

  1. The 5% is a budget projection not a re-negotiated contract.

    ReplyDelete

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