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PHOENIX -- Voters will decide the fate of a proposition to overhaul Phoenix's ailing employee-pension system, potentially saving roughly $600 million over 25 years.

The pension-reform proposal is one of three on Tuesday's special election ballot and a majority vote is required to approve them.

Proposition 201 would reform the city's retirement system for new employees excluding police officers, firefighters and elected officials. The changes would raise the retirement age and require employees to contribute more toward their pensions.

Proposition 202 would allow the city to be more aggressive in how it invests pension funds.

Proposition 300 would allow private security guards to issue civil citations to mass-transit riders.

Meanwhile, the U.S. Justice Department will monitor Guadalupe's municipal election to ensure compliance with the Voting Rights Act of 1965 that prohibits discrimination.

Associated Press,

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    Steve wrote...
    Prop 201 doesn't fix anything
    It only addresses new hires, not the current employees with all the issues.
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