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SEIU worker sought to sabotage L.A. pension switch

Posted By -NO AUTHOR- On 11/21/2012 @ 11:31 pm In Money,U.S. | No Comments

(KCBS-TV) A former Los Angeles mayor leading an effort to change pensions plans for newly-hired public employees says he has evidence that a low-level union member is behind an alleged illegal counter-campaign.

KNX 1070′s Bill Polish reports Richard Riordan is hoping to amass enough signatures to put a plan to transition newly-hired city workers away from taxpayer-guaranteed pensions and towards 401(k)-style accounts before voters in May.

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