SACRAMENTO – Assembly Speaker John A. Pérez (D-Los Angeles) released the following statement on pension reform progress:

“The Assembly has been working diligently to finalize a pension proposal that not only satisfies the 12 points of the Governor’s plan, but also goes further in finding needed reforms that will create real savings, help ensure financially strong and fiscally responsible pension systems in California, and prove fair to taxpayers and retirees. This is a complex issue that requires a thoughtful approach, and we will continue to work with the Governor and our colleagues in the Senate to put forward and pass a proposal by the end of the legislative session.”

CONTACT: John Vigna (916) 319-2408

Website of Speaker John A. Pérez: www.asmdc.org/speaker