State

January 7, 2014

Poll: What’s next for Chuck Reed’s pension proposal?

Now it’s all about the money. With Monday’s release of a state-sanctioned title and summary for his public pension proposal, San Jose Mayor Chuck Reed figures he has roughly three weeks to raise the $2 million or so he needs to then launch a petition campaign to qualify the measure for November’s ballot. If he waits longer, the cost of gathering more than 800,000 valid signatures gets more expensive, since the law sets a 150-day deadline from the official summary date to file the completed and signed petitions.

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