Sept. 4, 2013
Mayor Greg Stanton and Vice Mayor Bill Gates today said that pension reform efforts will continue with the contract for whomever the City Council chooses as Phoenix’s new city manager.
Specifically, Stanton and Gates will not vote to approve a contract that allows for unused sick and vacation time to be a part of the calculation for long-term pension payouts.
“As I’ve said before, pension spiking undermines the public’s trust that compensation for our employees is fair – it needs to end,” Stanton said.
“Setting a clear line that we will end pension spiking for our next city manager is the right thing to do,” said Gates.
The City Council is expected to today name an interim city manager who will begin service when David Cavazos steps down on Oct. 16 and continue until a national search for a permanent city manager is complete.
Stanton has pushed significant pension reforms that will save taxpayers hundreds of millions of dollars. Earlier this year, voters overwhelmingly passed a bipartisan pension reform plan that will save Phoenix taxpayers an estimated $600 million over 25 years. In July, Stanton joined with Councilmembers Thelda Williams and Daniel Valenzuela to ask city staff to explore options for ending pension spiking as the city begins to prepare for contract negotiations with city employees.
|Seth I. Scott||602-262-7111|