“With malice toward none; with charity for all.” The words of President Abraham Lincoln delivered 150 years ago this week as the Civil War drew to its bloody close.
Arizona Petition Could Affect Public Employee Pensions
“We'll have this year's numbers fairly soon,” Cannella said. “We closed the books recently, obviously. And now they're doing the calculations. It'll probably be right about there, maybe a little bit lower.”
Cannella says the system does not expect to be underfunded until at least 2021. Miller's initiative would also eliminate pensions entirely for future elected officials. He has until July 3 to collect 172,800 or more, valid signatures to put the measure on the ballot next year.