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Proposition 33: Participation in Public Employees' Retirement System Last updated Wednesday, October 04, 2000 Summary: Allows members of the state legislature to participate in the state's public employee retirement system. Text of Proposition: www.ss.ca.gov/elections/elections_bp.htm More Information: California Voter Foundation Initiative Watch 2000 Pro sites: Con sites:
Libertarian Party of California Executive Committee: NO Webmaster: NO Once politicians gain the power to fund their own retirement at the taxpayer's expense, they will spend an inordinate amount of time raising their benefits, which is exactly what has happened to the federal congress. Legislators already receive a generous salary of $99,000 per year plus expenses and do not need additional perks. |