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|From the Reporter|
|What the Mayor Says|
|“I do think it definitively ends the pension crisis,” Mayor Jerry Sanders said.|
|What It Means|
|Reforms like Prop. B have been the city’s way to address the problem. Changes have focused on newer employees and not the existing pensions that have been the source of so much furor and financial trouble. It also means the city is getting closer to simply swallowing most of the $2 billion bill born from previous pension decisions.|
|Much remains to be worked out for this pension reform. It will hang on how it’s implemented and whether it withstands a legal challenge.|