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San Diego Approves Cuts to Government Benefits

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  • Description

    Councilman Carl DeMaio on the landslide victory for government spending cuts.

  • Duration 2:22
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Transcript

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From day one on this program San Diego councilman called -- -- push the pension reform in his city.

Last night the citizens of San Diego spoke to my -- pension reform plan passed big.

Now the violence and -- -- -- for bad in November.

-- city in the councilman joins us right now what was the margin of victory.

For this plan to reform pensions in San Diego.

Well we won 70% of the vote while it was and how out outstanding showing.

It it just demonstrates that taxpayers have had a now.

And they're ready to reform these outrageous and out of control government pensions now San Diego really how how far did you all pension reform plan -- eyes as I -- coal what you want to do is shift all new high as on to a private stock while 401K.

Is that as far as he went.

Exactly -- there's two things that we did last night first for all new hires remove them to.

Social security and 401 k.'s benchmark to the penny against the local labor market no better no worse.

And for existing employees who are vested in the pension system we also reform those pensions.

By ending pension spiking.

Making sure that we can only use the base salary for pension calculations.

Capping all pension -- -- payouts by capping pension level pay.

And forcing an increase in all the contributions.

And -- city employees don't want to pay those higher contributions.

They can opt out of the pension system in -- for a one can be easy to fix the San Diego's budgetary problems.

Absolutely it's it's the foundation of our fixed for our budgetary problems but we also have other reforms like opening up city services to.

Competitive bidding or outsourcing.

Streamlining city departments and trimming our other benefits salaries and perks in the labor contracts.

We have an opportunity to balance our budget restore our services fix our roads.

But it's gonna require that we take on the government employee unions and really stand up for taxpayers and last night the voters spoke what I want us to stand up for tax.

I find it extraordinary do you got 70% of the vote down favor of that kind of pension reform that's remarkable column -- we wish you well in November Cummins is again soon to be -- for a couple of years now -- like to see again thank you tell.

That.

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