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Mayor, Councilman Faulconer Propose Major Change To City's Pension System

March 28, 2011 11:47 a.m.

Mayor Jerry Sanders and City Councilman Kevin Faulconer recently proposed a ballot measure to switch new non-public safety workers from a guaranteed pension plan to a 401(k) retirement account. Coucilman Faulconer and the president of AFSCME Local 127 talk about how the proposal could impact the city's budget deficit and workforce.

Related Story: Mayor, Councilman Faulconer Propose Major Change To City's Pension System