|Last golden spike on the Transcontinental Railroad|
UC is much better at limiting spiking than is CalPERS. So in one sense we benefit by being able to point to what we don't allow. On the other hand, when folks get riled up about public pensions generally, UC tends to get pulled into some blanket legislation covering everyone. We escaped that fate (narrowly) the last time. We might not be so lucky next time.
You can read about the CalPERS issue at
UPDATE: CalPERS included the one item Brown opposed in its approvals: