A joint Senate/Assembly conference committee will hold its third (ho-hum) informational hearing today on the 12-point pension reform plan that Gov. Jerry Brown unveiled with such fanfare last October. Don't expect anything to come of it. So far, a lot of talk has emerged but no pension bill. Efforts to substantially reduce state pension obligations are a sham in this Legislature, and most people who work in the Capitol know that.
A conference committee was formed to produce a reform package, but after three months, no author has emerged willing to champion the governor's proposal and no language has been drafted that would give substance to the modest plan Brown outlined...
LINK - SacBee.com