June 1st, 2012 (All day)

National Pension Reform Leaders Endorse DeMaio for San Diego Mayor

San Diego – Who is the best candidate to fully implement comprehensive pension reform? The DeMaio for Mayor campaign today announced Carl DeMaio is the pick of those who know best – national, state, and local pension reform leaders.

“When it comes to who you want as Mayor to battle the government labor unions to implement pension reform, this is not even a close call – CarlDeMaio is hands down best prepared and suited to get pension reform done,” commented Jack Dean, Editor of PensionTsunami.com.

“Carl DeMaio has been tireless in his efforts to reform out-of-control government pensions and his work has not only set the debate in San Diego, but his ideas have shaped the debate across the state of California and the nation on the important issue of pension reform,” commented Marcia Fritz, who heads the California Foundation for Fiscal Responsibility.

“As a taxpayer watchdog, Carl DeMaio was one of the first to warn the public about the government pension crisis – and since then he hasn’t backed down in his efforts to solve this crisis for taxpayers,” commented Tom Hebrank, former Chair of the San Diego City Pension Board.

“DeMaio’s CPR Ballot Measure is one of the most groundbreaking pension reform measures in the nation – and DeMaio is the superior candidate for Mayor to get reform done,” said Andrew Biggs, former Deputy Commissioner of the Social Security Administration.

“San Diegans have been rightfully outraged by excessive pension payouts to city employees. It’s time for action. It’s time for San Diegans to elect Carl DeMaio for Mayor,” Said Bill Sheffler, former boardmember, San Diego City Employees’ Retirement Board.

DeMaio, a primary author of the Comprehensive Pension Reform (CPR) Ballot Measure, put his own Mayoral campaign largely on hold to help spearhead the day-to-day operations of the signature gathering effort to qualify the CPR measure. Passing the measure will produce at least a billion dollars in savings for taxpayers by moving new employees into 401(k) retirement accounts and capping the pensionable pay of existing employees.

“I appreciate the support of these pension reform leaders who knows what it will take to get pension reform done,” said DeMaio.

“San Diegans must do more than vote for the CPR Ballot Measure, they must elect a Mayor and City Council committed to fully and faithfully implementing pension reform despite the opposition of the government employee labor unions,” concluded DeMaio. For more information, visit www.CarlDeMaio.com