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>> JERRY BROWN Latest News

MAY 16, 2013 - Business Insider

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Inside The California Retirement Plan That Terrifies Republican Lawmakers

When California State Sen. Kevin de Léon talks about his plan to help people save for retirement, he usually starts by describing his Aunt Francisca, a housekeeper. "She's north of 70 and she still cleans homes," says de Léon. Francisca can't afford to retire because she has no savings. Even with help from Social Security, she struggles to make ends meet. "It's the story of tens of millions of Americans throughout the country," de Léon says. The Los Angeles Democrat isn't just talking about domestic workers. Nearly half of Californians are on track to retire in or near ... Read More

Tags: Inside The California Retirement Plan That Terrifies Republican Lawmakers,  Jerry Brown Latest News