Joint Statement on Gov. Newsom’s Veto of AB 1383
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Sacramento, CA — On Sunday, Gov. Newsom vetoed AB 1383 (McKinnor), which would have upended some of the critical reforms put in place in 2013 by the California Public Employees’ Pension Reform Act (PEPRA) and undermined core principles of that law.
The following statement can be attributed to the California State Association of Counties, League of California Cities, California Special Districts Association, Rural County Representatives of California and Urban Counties of California:
At a time of severe fiscal uncertainty and growing demand for services, it is more important than ever for state leaders to help control costs.
The pension reforms established just over a decade ago through PEPRA have been instrumental in stabilizing budgets for local agencies: cities, counties, schools, and special districts. This bill would have undone some of those vital reforms, adding billions in new costs and liabilities statewide over the next few decades.
We appreciate Governor Newsom for vetoing the bill.
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