NEW: Unions for California police and firefighters came close to sweetening retirement benefits for their members, but the memory of California’s pension crisis ultimately was too much for Gov. Gavin Newsom.

Newsom vetoed a bill that would have enhanced retirement perks for police and firefighters despite near-unanimous support from state lawmakers and heavy pressure from public safety unions. 

Newsom in his veto message wrote the bill would partly reverse a 2012 law that former Gov. Jerry Brown championed when California’s major funds were spiraling from Great Recession losses.

Read more: https://cal.news/4Aue8aq

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