By Todd Spitzer, Chairman, OC Board of Supervisors
On Tuesday, in a 3-1 vote (Nelson voting no), the Board of Supervisors approved a pension reform proposal by Chairman Todd Spitzer to permit newly-hired employees aged 60 or older to opt out of a pension.
The Spitzer proposal applies to employees of the County and of the In-Home Support Services Public Authority, both of which are under the jurisdiction of the Board of Supervisors. The Spitzer proposal had its genesis in a pension system regulation that was ratified at the urging of then-Supervisor/now-Senator Patricia Bates. Continue reading