California Cap on Retirement Benefits for Government Officials and Advisors (2012)
Not on Ballot |
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This measure was not put on an election ballot |
A California Cap on Retirement Benefits for Government Officials and Advisors Initiative (11-0032) was approved for circulation in California with a circulation deadline of March 8, 2012. However, its sponsors did not submit petition signatures to election officials by the deadline.
To earn a spot on the state's 2012 ballot, sponsors of the initiative would have had to collect 504,760 signatures.
If the initiative had qualified for the ballot and the state's voters had approved it, it would have:
- Limited retirement benefits for candidates for office, government officials, and government advisors, to the benefits provided to workers at lowest benefit level in the same agency.
- Limited basis for calculation of such retirement benefits to years of service with government agency in which last served.
- Applied retroactively to any retirement benefits government officials set for themselves, unless enacted by majority popular vote.
- Imposed penalties for actions contrary to its terms, including forfeitures and ineligibility for public office.
Text of measure
Ballot title:
Official summary:
- "Limits retirement benefits for candidates for office, government officials, and government advisors, to the benefits provided to workers at lowest benefit level in same agency. Limits basis for calculation of such retirement benefits to years of service with government agency in which last served. Applies retroactively to any retirement benefits government officials set for themselves, unless enacted by majority popular vote. Imposes penalties for actions contrary to its terms, including forfeitures and ineligibility for public office."
Summary of estimated fiscal impact:
(This is a summary of the initiative's estimated "fiscal impact on state and local government" prepared by the California Legislative Analyst's Office and the Director of Finance.)
- "Possible reductions in state and local pension and retiree health costs. The magnitude of the savings would depend on a variety of legal and implementation uncertainties and would be offset to an unknown extent by increases in other state and local employee compensation costs."
Path to the ballot
- See also: California signature requirements
- Larry Click submitted a letter requesting a ballot title on August 17, 2011.
- The ballot title and ballot summary were issued by California's attorney general's office on October 10, 2011.
- 504,760 valid signatures were required for qualification purposes.
- The 150-day circulation deadline for #11-0030 was March 8, 2012.
- Signatures were not submitted by the deadline.
External links
This article about a California ballot proposition is a sprout. |