By Ed Mendel, California Political Review
As retirement costs grow, traditional labor disputes over wages and health coverage have a newcomer. Pensions are one of the issues in recent strikes by UC hospital workers and San Francisco Bay Area transit workers.
The dispute is not over the amount of pensions promised current workers, widely believed to be protected by court rulings. The sticking point is how the cost of the pensions is split between employers and employees.
UC patient care workers balked at increasing their pension contributions from 5 percent of pay to 6.5 percent. Bay Area Rapid Transit workers make no pension contribution because the employer pays their CalPERS share, 7 percent of pay. Continue reading