Posted on 03/09/2011 10:39:01 AM PST by SmithL
A coalition of public employee unions is gearing up for a fight over pension benefits in the Golden State, hiring Democratic strategist Steve Maviglio to lead the group's communications efforts
Bee colleague Jon Ortiz has the full scoop on the hire and it means for Californians for Health Care and Retirement Security and the debate over public employee pensions at The State Worker blog.
The coalition weighed in yesterday on the ongoing budget talks, penning a letter to urge lawmakers not to include a pension overhaul in the final package.
Changes to the pensions system, including switching to a "hybrid" plan for retirement benefits, were included in a list of reforms five Republican senators engaged in negotiations with Gov. Jerry Brown are seeking as part of a deal to put tax extensions on a June special election ballot.
The unions responded that targeting pensions would "be a mistake beyond comprehension not only to state workers, but to California's entire economy and every Californian that deserves a secure retirement."
(Excerpt) Read more at blogs.sacbee.com ...
Without “Pension overhaul”, how do they plan on paying for the pensions? There ain’t no money honey.
Raise taxes and tax private 401ks.
It wouldn’t surprise me if they did that. Tax everyone else to pay for the union workers. How about charging the union workers for their own medical and retirement programs?
“Lawmaker Introduces $165 Billion Union Pension Bailout Bill”
http://www.freerepublic.com/focus/f-news/2520155/posts
“Unions want to dump pensions on taxpayers”
http://www.freerepublic.com/focus/f-news/2487566/posts
...and it will be a lot more than $165B
Reform advocates are spotlighting those with extravagant pensions
— $100,000 or more — as a way to get the public’s attention and
emphasize that the current system is unsustainable.
http://www.modbee.com/editorials/story/803636.html
Perhaps the real reason why public-sector pension costs have not been tackled is that the full bill has never been revealed to taxpayers.
http://www.economist.com/opinion/displaystory.cfm?story_id=13988606
http://www.pensiontsunami.com/public.php
No, Millie from HR needs her fat retirement checks and zero deductable healtcare that she never paid for.
No, Millie from HR needs her fat retirement checks and zero deductable healtcare that she never paid for.
Care for some FResh iceberg with your TEA?
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