The city of Rocklin is moving forward with pension reform despite some big hurdles ahead that would require state legislative action. Rocklin City Manager Rick Horst released results of a pension reform plan developed by a citywide committee which has met over the last two months. ... One recommendation would require city employees to pay their share of the California Public Employees' Retirement System contribution. Right now the city pays it as well as the city's portion for most employees .... According to Horst, in the last 10 years the city's annual pension costs jumped from $185,884 per year to $3,577,004, or an increase of 1,824 percent.
These are real numbers and the city's plan for two-tier pensions is admirable. When small cities are proposing serious pension reform and small newspapers are covering this issue, we know that this isn't about Chicken Littles but about money actually drying up. Me thinks union tactics will not work in this atmosphere.
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