Phoenix workers express concern about pension changes

PensionBy Connor Wince | Special for The Arizona Republic

Phoenix residents this week had their first chance to voice opinions to a city subcommittee directed to look at pension reforms.

The Pension Fairness and Spiking Elimination Ad Hoc Subcommittee met for the first time on Tuesday, Sept. 17.

Many attendees — mostly former or current employees and union representatives — told the committee they feared any moves might hurt city employees who have already planned their retirement based on the current pension programs. Others said changes could hurt the city’s ability to hire quality talent.

Phoenix Mayor Greg Stanton launched the subcommittee after pressure to curb the practice of “pension spiking” began building.

Continued: 

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