PHOENIX — The Phoenix City Council is continuing to talk about an overhaul of the city’s pension system.
Some council members are frustrated the issue won’t go on the ballot in November. Others want to wait until the outcome of a lawsuit. School teachers sued the state over enacted pension reforms.
Mayor Greg Stanton said the city shouldn’t rush the reforms because it could get sued, like the state.
“Obviously, the state legislature tried to do pension reform and it was found to be unconstitutional,” said Stanton. “It was smart for the city to find out what was constitutional from the state reform before we implement our own. Otherwise, we don’t want to pass a law that was going to be unconstitutional. That’s not smart.”
Stanton said the city is looking at significant pension contributions to city employees.
“We’re looking at even a 401(a)-type system,” said Stanton. “Everything should be on the table. The city council will be voting in the early fall, and it’ll be on the ballot in March. Any changes will be implemented July 1 of next year.”
Stanton said the reforms are needed. “Woe be Phoenix if we adopt a policy that makes us uncompetitive and we lose our most talented people,” Stanton said.
“I don’t think anybody would want that to occur either.”
KTAR’s Sandra Haros contributed to this story
- Workers comp: Signs your co-worker could be a fraud
- Who's the real founder of America's pastime?
- Epidemic rising? What you need to know about Alzheimer's in Arizona
- 5 unforgettable Wooden Award winners
- Family and hard work are keys to success of modern dairy farmers
- Genetic testing could hold answers for colon cancer survival
- Cold beers and baseball: A beer lover's guide to Spring Training
- Telecommuting: 5 tips to make it work for employers and employees
- See how top CFOs feel about economic growth in the Valley
- Migraine myths that keep patients from effective treatments
- Here’s why Gaydos went tankless with his water heater
- Bocce ball and basketball: How you can help Arizona's Special Olympics athletes
- Tips on building the best wine room in Arizona
- Avoid the nightmare: 6 tips to choose a great contractor
- Breast cancer: Improved testing and treatments means more survivors
- Failed back surgery: New hope for patients living in pain
- Ticking time bombs: Telltale signs your water heater is about to explode
- Reading glasses could be a thing of the past
- 6 cool ways teachers are using technology in the classroom
- Emerging tech jobs in Phoenix and how to get one in 2017
- 4 top treatments athletes use for pain
- Emergency! What to do when bathrooms flood
- Arizona kids in crisis: How you can help
- New treatment offers hope for migraine sufferers
- 11 stadiums to watch your favorite football team
- Shopping for a TV? Best models for 2016
- Avoid this holiday plumbing disaster in your home
- 7 tips to avoid holiday weight gain
- New treatments mean better prostate cancer survival rates
- 5 of the scariest things found in drains