Pension Fairness & Spiking Elimination Ad Hoc Subco to Meet Sept. 17

Sept. 13, 2013

City of Phoenix InformationPhoenix Mayor Greg Stanton seated an ad hoc subcommittee to address the issue of pension fairness and spiking elimination.  Vice Mayor Bill Gates will serve as chair.  Other members include Councilman Tom Simplot, Councilman Daniel Valenzuela and Councilwoman Thelda Williams.  The first meeting will take place at 5 p.m. Tuesday, Sept. 17, at Phoenix City Council Chambers, 200 W. Jefferson St.

“We must end the practice of pension spiking at the City of Phoenix. The practice of pension spiking erodes public trust,” said Vice Mayor Bill Gates. “I am under no illusion that this will be an easy task, but I am honored by Mayor Stanton’s appointment and look forward to leading the charge for meaningful reform on this important issue.”

The subcommittee will: identify current practices that qualify as pension spiking for all city employees; identify which changes can be made administratively and which ones must occur during contract negotiations, as well as the ones that require amendments to the City Code or charter; and create a timeline for implementing recommended reforms.

The subcommittee is expected to report its findings and recommendations to the full Council by Oct. 4, 2013.  A public meeting with the full Council will take place by Oct. 22.  The ad hoc subcommittee will sunset on Dec. 1.
 

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