Note: Ballotpedia will be read-only from 9pm CST on February 25-March 9 while Judgepedia is merged into Ballotpedia.
For status updates, visit lucyburns.org.
Ballotpedia's coverage of elections held on March 3, 2015, was limited. Select races were covered live, and all results will be added once the merger is complete.

City of Pacific Grove Defined Contribution Retirement Act, Measure Y (November 2008)

From Ballotpedia
Revision as of 19:06, 25 December 2012 by Polycal (Talk | contribs)

Jump to: navigation, search
A City of Pacific Grove Defined Contribution Retirement Act, Measure Y ballot question was on the November 4, 2008 ballot for voters in the City of Pacific Grove in Monterey County, California, where it was approved.

Measure Y was an advisory vote. It was about whether the city should replace the defined-benefit retirement plan (California Public Employees' Retirement System) used by city employees with a defined-contribution retirement plan along the lines of a 401 (k) plan.

Ballot question

The question on the ballot:

Measure Y: "City of Pacific Grove Advisory Measure: Should the City of Pacific Grove replace its existing employee’s defined-benefit retirement plan (California Public Employees’ Retirement System, or Cal PERS) with a defined-contribution retirement plan (similar to an Internal Revenue Code section 401 (k) plan)?"[1]

See also

External links

BP-Initials-UPDATED.png
Suggest a link


Cite error: <ref> tags exist, but no <references/> tag was found