The governor. Jerry brown have released his pension reform plans, ACSA have been working closely with executive, legislative and policymakers to win the right to protect retirement of educators in California.
Brown's advice is to separate the pension reform measures of the seven 5 other reforms in development. ACSA the most attention are implementing pension cap, a change in how to compensate for calculation and change can be used as credible compensation.
Brown is considering the implementation of a maximum income to calculate the pension, although there is no bill language also been introduced. Also don't know how this will; But anyway, this is one of the biggest problems, because the former ACSA members don't accept social security benefits, their pension is their only source of income in retirement.
Brown's proposal will also change final compensation for new staff to the highest average annual compensation in three successive years of time. At present, the members of the California teachers retirement system used to work for at least 25 years of qualification in single highest compensation. This is the former about 55% of membership. This will only applied to those hired after July 1, 2011, it will not be retroactive and will not affect current employees of the benefit or retirees.
This is the main problem, because, ACSA nature of the industry, most educators get higher wages at the end of their careers. This will, in essence, on those who move up the career ladder, from teacher to principal and the principal managers. It will also stop longevity, because no reason for qualified education workers to remain in the industry a certain number of years, such as 25 in the former.
Brown also define only regular compensation for the credit, and then pay. The only normal rates of pay, or basic salary, can be used to calculate the pension,

Orange county business council for the governor of the brown to produce a feasible and logic of pension reform plans, also very respect is to protect public property, employees and the taxpayer.
"The needs of the business community is sure, stability and predictability and the governor's plan will begin to pension reform those things to California's budget," said Lucy dein, President and chief executive officer.
"We have been asking our leader and governor brown responded in a thoughtful and engaged in construction method in a more sustainable fiscal path," California dein said.
About OCBC: orange county business council is leading commercial voice in orange county, California. OCBC represent and promote the business community, government and academia to work together, to improve the orange county economic development and prosperity, in order to maintain a high quality of life. OCBC members and investors service has nearly 250000 employees, the whole world has 2000000 patients. Provide a BBS for business and actively support the organization, OCBC help ensure that financial growth of American sixth largest county



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