“The participants in the closed-door meeting were Republicans and Democrats, and included public officials and representatives of numerous foundations and think tanks intent on reducing pensions for public employees.”
When? This particular meeting was May 22, 2013. The incident was uncovered and reported by the Huffington Post on September 6, 2013.
“Both the Reason Foundation and Pacific Research Institute are allied with the Koch-funded American Legislative Exchange Council (ALEC), which has been writing corporatist model legislation for about 30 years. More locally, however, the nexus for pension-cutting is the Tustin-headquartered California Public Policy Center, a conservative nonprofit led by Ed Ring, who worked to promote the anti-union Proposition 32 last year.”
Where? The Citizen Hotel a few blocks from the capital building in Sacramento, California.
“The current system has allowed politicians to promise one level of benefits without fully funding them… Across the U.S., state and local governments have underfunded workers’ benefits by at least $1 trillion.”
Read the entire “Slash and Burn” article HERE. http://www.huffingtonpost.com/2013/09/03/california-pension-war_n_3862157.html