California isn’t having trouble retaining public workers and shouldn’t increase pension benefits

California isn’t having trouble retaining public workers and shouldn’t increase pension benefits

Several troubling bills in the California legislature are aiming to reverse critical cost-containment and risk-management public pension reforms that have stabilized the state’s pension systems and improved its fiscal outlook. In 2012, then-Gov. Jerry Brown led an effort to reform the state’s ailing public pensions. The resulting law, the Public Employees’ Pension Reform Act (PEPRA), set limits on increasing public pension benefits, which had be…