News Release

February 21, 2018 SPARC Dinner
Featuring Former San Jose City Council Member Pete Constant
“The Uncertain Future of Public Employee Pensions”

Los Altos Hills, California:  The South Peninsula Area Republican Coalition (SPARC) will hold their February 21 dinner at the Fremont Hills Country Club in Los Altos Hills. Their featured speaker will be retired San Jose City Council Member Pete Constant. He will speak on “The Uncertain Future of Public Employee Pensions.”

There are over 4,000 public sector retirement systems with $3.8 Trillion in assets, 14.4 million employees, and 9 million retirees.  Annual benefit distributions equal $228.5 Billion. Pete Constant, CEO of the Retirement Security Initiative (RSI), knows that the public state and local pensions are underfunded by over $1 Trillion, resulting in an uncertain future.

The Retirement Security Initiative (RSI) is a national, bipartisan advocacy organization focused on protecting and ensuring the fairness and solvency of public sector retirement plans. Their mission is to inform and educate policy leaders and the public regarding the importance of fair and sustainable public sector retirement plans, and organize and support policy development and advocacy efforts at the federal, state and local levels.

Pete Constant brings a wealth of pension reform experience to his position as Chief Executive Officer of the Retirement Security Initiative. In this role, Pete designs and implements strategic plans in collaboration with RSI’s board of directors, leads the organization in its advocacy efforts and manages day-to-day operations.

Pete Constant will provide information that taxpayers need to hear, as government programs are in jeopardy to pay for unfunded pension liability.

Prior to his work at RSI, Pete was Director of the Pension Integrity Project and Senior Fellow at the Reason Foundation. There he led the team that designed, drafted and negotiated the successful public safety pension reform plan for the state of Arizona. Prior to that, he served as Council Member for the City of San Jose from 2007-2014, where he served as trustee on the city’s two pension plans. Pete began his career in law enforcement as a police officer for the City of San Jose, where he served for 11 years until an on-duty injury forced his early retirement.

Tickets for this event may be purchased at sparcgop.org.

Pete Constant Image

About SPARC

The South Peninsula Area Republican Coalition (SPARC) is affiliated with the California Congress of Republicans, a chartered organization of the California Republican Party. Our regional focus is San Mateo and Santa Clara counties and we attract members and speakers from all over the Bay Area region. SPARC hosts a dozen events a year that are open to the general public. SPARC was founded in the year 2000 and has been built on the historic Republican principles of limited government, low taxes, and a strong national defense. As a group, we work to extend our support for Republican candidates who will work at all levels to help make these goals come true. Link to SPARC Logo