In a prior post, we noted that there appeared to be a campaign underway by various groups to put a public pension initiative on the California ballot. We noted that there have been such efforts in the past, but the money needed to mount an effective campaign wasn’t forthcoming. Now, there may be such money. The problem for UC is that we tend to be swept into such initiatives despite the fact that the Regents adopted their own pension plan changes back in 2010.
This time around, there seems to be some coordination and orchestration of the campaign, e.g.:
It could be a coincidence. But we will keep watch on this issue.
Bottom line: We need to try and stop the train before it goes too far.