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San Jose Mayor Chuck Reed said he's not giving up on a proposed ballot initiative that would give local governments more leeway to cut public employees' pension plans, while speaking before the Sacramento Press Club Thursday, April 3, 2014, in Sacramento, Calif.  Reed and a group of other California mayors had hoped to put the initiative on the November ballot, but lost their court case challenging Attorney General Kamala Harris' description of the measure.  Reed said he plans to try to get it on the ballot in 2016.(AP Photo/Rich Pedroncelli)

San Jose Mayor Chuck Reed said he's not giving up on a proposed ballot initiative that would give local governments more leeway to cut public employees' pension plans, while speaking before the Sacramento Press Club Thursday, April 3, 2014, in Sacramento, Calif. Reed and a group of other California mayors had hoped to put the initiative on the November ballot, but lost their court case challenging Attorney General Kamala Harris' description of the measure. Reed said he plans to try to get it on the ballot in 2016.(AP Photo/Rich Pedroncelli)

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