Jerry Brown - Meg Whitman debate: What to do about public pensions
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The next question is about public pensions.
Jerry Brown said: “We need a two-tier pension system,” with lower retirement benefits for future employees.
For current employees, he said: “They can contribute more to their pension.”
Meg Whitman went on the offensive saying: “It’s a little bit do as I say, not as I do,” criticizing Brown’s record as mayor of Oakland.
She then took on pensions at the state’s universities: “The pensions have gotten so big for all the faculty and staff that it’s squeezing out the students.”
She said she supported 401(k)-style retirements for public rank-and-file employees.
-- Shane Goldmacher in San Rafael, Calif.
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