| News - Wednesday, January 13, 2010
Duboc calls for ballot initiative on public pensions
After months of toying with the idea in e-mails she sends to supporters, former Menlo Park council member Lee Duboc is calling for a ballot initiative to roll back pension benefits for new Menlo Park employees, with the exception of police.
In an e-mail sent around 1 p.m. Monday, Jan. 11, Ms. Duboc asks if people would be willing to contribute at least five hours and $50, because "the unions will spare no effort or expense in attempting to derail any such effort."
The goal, she said, would be to change the retirement age for all new, non-police city employees from 55 to 60, and to offer those employees 2 percent of their salary multiplied by years of service in annual pension payments, instead of the current 2.7 percent.
"If you agree that the proposed changes are fair and that passing a 'grass roots' pension reform initiative is the way towards limiting future fiscal stress on our city please get back to me as soon as possible," she wrote.
|