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The 2017 Pension Political Power 25: Jerry Brown
No. 13. Jerry Brown, Governor of California


California’s Democratic governor, Jerry Brown, didn’t hesitate before signing into law the California Secure Choice Retirement Savings Program, which is rattling money managers. Now California will have a state-run retirement plan for private sector employees, giving 7 million workers without a retirement plan a low-cost way to save — a model that other governors may advocate for their own states. Brown, 78, who was elected to a historic fourth term in 2014, supported the initiative led by State Senator Kevin de León (No. 10), countering money managers’ arguments that such a plan could leave taxpayers with the bill in the case of shortfalls. He has also backed the California Public Employees’ Retirement System’s phase-in of a lower discount rate — the assumed rate of return on plan assets — providing a more accurate account of liabilities. — Julie Segal
![]() 2. Bruce Rauner Governor of Illinois ![]() 3. Betsy DeVos Secretary of Education ![]() 4. Laura & John Arnold Founders, Laura and John Arnold Foundation ![]() 5. Steven Mnuchin Secretary of the Treasury |
![]() 6. Wilbur Ross Secretary of Commerce ![]() 7. Tani Cantil-Sakauye California Chief Justice ![]() 8. Paul Ryan Speaker of the House ![]() 9. Anthony Scaramucci Founder, SkyBridge Capital ![]() 10. Kevin de León California State Senator and President Pro Tempore |
![]() 11. Mike Enzi Chairman, Senate Subcommittee on Primary Health and Retirement Security ![]() 12. Steve Sweeney President, New Jersey State Senate ![]() 13. Jerry Brown Governor of California ![]() 14. Corey Lewandowski Co-founder, Avenue Strategies ![]() 15. Paul Singer President, Elliott Management Corp. |
![]() 16. Randel Johnson Senior Vice President, Labor, Immigration, and Employee Benefits, U.S. Chamber of Commerce ![]() 17. Joe Manchin U.S. Senator ![]() 18. Kenneth Feinberg Founder and managingpartner, Feinberg Rozen ![]() 19. Scott Walker Governor of Wisconsin ![]() 20. Richard Trumka President, AFL-CIO |
![]() 21. Mike Rawlings Mayor of Dallas ![]() 22. Elizabeth Warren U.S. Senator ![]() 23. Kent Mason Partner, Davis & Harman ![]() 24. Bernie Sanders U.S. Senator ![]() 25. Randi Weingarten President, American Federation of Teachers |