While many of the candidates for the Huntington Beach City Council speak of reforming pension, Erik Peterson says he's studied the issue inside and out and knows how to fix it.
"I've been studying it for four years," said the planning commissioner, one of 12 candidates running for council. "I know what the comprehensive annual financial report is, and I know how to read it. I've worked on the Finance Board, especially on pension reform."
Peterson, who runs an electrical contracting business, said the city's financial future stands on whether pensions are reformed.
Having served in the Marine Corps, Peterson said he knows safety employees work hard and he values their efforts, but he said something must be done to manage overtime pay.
While he said he wants them to have the opportunity to get paid overtime, that money could go toward extra police officers. However, without reforming pension and creating a sustainable system for everyone, it's difficult to hire more officers now.