|Something's been left out|
We'll leave the discussion of journalistic judgments to someone else and just point out something that is never stated explicitly in the PR campaign (or the Bee article):
If the new plan "will save nearly $1.5 billion" over the next 15 years, it must be a net degraded plan compared to what is now offered, a simple point that we have pointed to in past postings. QED.
You can find the Bee article on the plan at http://www.sacbee.com/news/politics-government/capitol-alert/article65455367.html
We wouldn't want to disturb the love fest at the Bee editorial board with nasty questions, would we?:
PS: If you need evidence of the love fest that occurred, here is the Bee's editorial on the UC pension: