RJ and Makay

>> Read More RJ & Makay Blog Posts

Governor Jerry Brown’s proposal to raise the age, from 55 to 67, for state public employees’ retirement with full benefits, if passed, would put California in the company of only three other states that have raised the retirement threshold to shave state budget costs.  The change, which still requires legislative or voter approval, reflects the effects of Americans increased longevity and the resulting pressure it adds to government pension plans.