Cover Story - April 14, 2010

What would the 'pension reform' initiative do?

More than 80 Menlo Park residents are going door to door collecting signatures for an initiative drive aimed at scaling back pension benefits for future municipal, non-police employees.

The group leading the drive argues that the current system is unsustainable, and that changing the system for future employees will help stabilize the city's somewhat dour long-term budget forecast.

The initiative would:

• Reduce pension payments from four-fifths of the highest annual salary to three-fifths of the average of the highest three consecutive years;

• Increase retirement age from 55 to 60 years old; and

• Require voter approval of any "enhancements" to pension benefits.

Henry Riggs, one of the leaders of the initiative drive, said the group is on track to meet its goal of 2,400 signatures by the end of April, when it must turn them in to the city.

Go to for more information, or e-mail


Posted by Jack Unger, a resident of Menlo Park: Sharon Heights
on Apr 27, 2010 at 2:20 pm

High time we did this.

Posted by enough already, a resident of Menlo Park: other
on Apr 27, 2010 at 2:29 pm

high time we started yet another thread on this same topic!

Don't miss out on the discussion!
Sign up to be notified of new comments on this topic.


Post a comment

Posting an item on Town Square is simple and requires no registration. Just complete this form and hit "submit" and your topic will appear online. Please be respectful and truthful in your postings so Town Square will continue to be a thoughtful gathering place for sharing community information and opinion. All postings are subject to our TERMS OF USE, and may be deleted if deemed inappropriate by our staff.

We prefer that you use your real name, but you may use any "member" name you wish.

Name: *

Select your neighborhood or school community: * Not sure?

Comment: *

Verification code: *
Enter the verification code exactly as shown, using capital and lowercase letters, in the multi-colored box.

*Required Fields