SDCTA Supports Proposition A: City of Carlsbad Voter Approval of Pension Benefit Increases
The City Council passed an ordinance decreasing the pension benefit formula to 2% @ 60 for all employees hired on or after November 27, 2011. Proposition A would require a public vote to increase pension benefit formulas for all miscellaneous employees. Proposition G, supported by SDCTA and passed in 2010, created the same changes for all safety employees. Proposition A is similar but affects miscellaneous employees.