Citizens for Phoenix Pension Reform
$1,040,000
Phoenix ballot initiative.
Source: http://www.azcentral.com/story/news/local/phoenix/2014/11/01/phoenix-unions-money-advantage-pension-reform-election/18351751/Arizona
John Arnold near singlehandedly funded a 2014 ballot initiative to end Phoenix’s defined benefit pension plan and move new city employees into a privatized, 401(k)-style system – funneling more than $1 million into a $1.4 million campaign. Voters rejected Arnold’s dark money campaign by a margin of 56-43 percent. Read more here.