Those who’ve yet to comprehend the disastrous impact of overly generous public-sector union contracts and benefits packages must be scratching their heads.
Why? As the latest TIME reports, one of their favorite candidates appears to have seen the (moon) light:
California’s generous state pension plan may get a haircut now that Governor Jerry Brown has asked new government workers to contribute more to retirement accounts, wait until age 67 to retire and rely on a mix of benefits, including pensions, Social Security and a 401(k)-like plan. Elected with the support of public-employee unions in 2010, Brown says his proposed reforms would save the state $900 million a year.
