Villaraigosa asks council to cut health and pension benefits for new workers

The L.A. Times reports:

As part of a broad pension reform plan, Los Angeles Mayor Antonio Villaraigosa unveiled a proposal Wednesday to cut costs in pensions and retiree healthcare costs for newly hired civilian city workers.

“Our current pension system doesn’t work,” Villaraigosa said at a news conference. “We’ve got to stop the bleeding.”

When your deal is too good : it can't last forever. Even former union leader Antonio Villaraigosa realizes this.