"It's clear that the proponents of eliminating retirement security for teachers, firefighters, school employees and other public servants are more interested in playing politics and rewarding Wall Street than providing the retirement security all Californians deserve.

We strongly disagree with the Attorney General's elimination of the specific mention of teachers, nurses, police and firefighters in the title and summary. They are the bulk of the public servants whose retirement security and death and disability benefits would be abolished by this heavy-handed measure. The inclusion of these professions in a previous version of this measure had already passed legal muster, even after multiple appeals by Chuck Reed.

SACRAMENTO - The retirement security of California's retired, current, and future teachers and the stability of the state's pension fund for educators would be put at risk if a ballot measure addressing those issues is approved by California voters next November, according to an internal analysis by CalSTRS, requested by and released by Assemblymember Rob Bonta (D-Oakland), Chairman of the Assembly's Committee on Public Employees, Retirement, and Social Security.

“This is yet another destined-to-fail attempt to eliminate the retirement security of teachers, firefighters, school bus drivers and other public employees they have earned and agreed to in good faith at the bargaining table.