 | Governor Arnold Schwarzenegger today issued the following statement after the Senate Committee on Public Employment and Retirement killed SB 919 by Senate Republican Leader Dennis Hollingsworth (R-Murrieta), legislation that would have implemented much-needed reform to California’s unsustainable pension system: |
“I am disappointed that the Legislature failed to step up and pass this legislation that is so vital for the future of California. Every year we are diverting more and more money away from higher education, health and human services, public safety, parks and environmental protection to pay for unsustainable retiree costs, and without action, those costs will keep skyrocketing. The numbers don’t lie. This is a classic example of Sacramento promising more than it can afford, which is why I will not sign a budget without pension reform.”
06/14/2010 GAAS:364:10 FOR IMMEDIATE RELEASE
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