According to the Legislature s own analyst, if Proposition 33 passes, California taxpayers like you and us will be stuck paying increased general fund costs in retirement benefits for state legislators. These taxpayer-paid benefits will come on top of Social Security and other retirement plans legislators may have. In addition to their salary, legislators are eligible to receive some reimbursement for their living expenses. But for some, this is not enough. They want us the taxpayers to pay for their retirement as well.
Legislators make a hefty salary.
They can and should invest their money and plan for their retirement just like anybody else. Don t be fooled. The fact is, Prop. 33 takes money out of your pocket and puts it into the pockets of the state politicians. Protect your pocketbook and protect the important reforms you enacted in 1990.