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Public Employees Rush to Retire
Wall Street Journal ^ | MARCH 23, 2011. | IANTHE JEANNE DUGAN

Posted on 03/23/2011 1:18:42 AM PDT by Scanian

Public employees are retiring at a quickening pace around the U.S., providing a mixed blessing for state and local governments seeking to save money.

The retirements mean employers can shelve some planned layoffs. And some of the departing workers, generally more senior and higher paid, are being replaced by lower-paid employees with less-generous retirement benefits, government officials say. But the loss of veterans threatens to erode the quality of public services that make communities attractive, they say.

The exodus of public employees is an unintended consequence of states' financial struggles. Some workers have been required to take unpaid furlough days, and many fear they'll lose benefits at the center of political battles.

In Wisconsin, where lawmakers voted in mid-March to end workers' collective bargaining for future employment contracts, 3,362 people have applied to retire this year, a 73% jump from last year. And 10,975 people since the beginning of the year have taken the first step toward retirement—flooding the Wisconsin Department of Employee Trust Funds with requests for estimates of their potential benefits. That's up 134%.

Among Wisconsin public employees filing for retirement are Mary and Len Herricks, both teachers in Oshkosh. They put in their papers in mid-March after lawmakers voted to rein in most public-employee collective-bargaining rights.

"Not only am I losing salary and benefits and facing a bigger work load, but now they are taking away my rights," says Ms. Herricks, a 56-year-old elementary school teacher. A teacher for 35 years who earns in the high 50s, Ms Herricks can now retire and collect nearly her former salary. "Retirement was supposed to be something happy. I'm so sad."

(Excerpt) Read more at online.wsj.com ...


TOPICS: Business/Economy; Government; News/Current Events; Politics/Elections
KEYWORDS: layoffs; paycuts; retirementbenefits; savings
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The word "rights" seems to have a whole different meaning to these government employees.
1 posted on 03/23/2011 1:18:47 AM PDT by Scanian
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To: Scanian
"But the loss of veterans threatens to erode the quality of public services that make communities attractive"

I think we will manage with a fire chief making just $150K a year, no?

2 posted on 03/23/2011 1:21:49 AM PDT by mewykwistmas (No blood for ($4 a gallon) oil!)
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To: Scanian

what a racket, ppl retire and collect almost the same wages as they were working. This need to be changed to just enough to live on. You should not be able to retire and live in luxury


3 posted on 03/23/2011 1:27:50 AM PDT by 4rcane
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To: 4rcane

And the buggers have the gall to call it their “rights.”


4 posted on 03/23/2011 1:29:16 AM PDT by Scanian (i)
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To: Scanian

put a cap to $40k per year. Noone should be able to collect more than this


5 posted on 03/23/2011 1:32:33 AM PDT by 4rcane
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To: Scanian

And these are the same people who whine about the rich not paying their fair share.


6 posted on 03/23/2011 1:35:52 AM PDT by monocle
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To: monocle

Their unions are redistributionist but it looks like plenty of redistribution has gone on already. Sometimes from the poor to the very well-off.


7 posted on 03/23/2011 1:38:24 AM PDT by Scanian (i)
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To: 4rcane

The people we elected made these Deals with the Devil. We can un-elect and/or recall the turds. Get busy or get ready to move elsewhere.


8 posted on 03/23/2011 1:39:39 AM PDT by tgusa (Investment plan: blued steel, brass, lead, copper)
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To: Scanian

What quality service would that be???? I have never seen it.


9 posted on 03/23/2011 1:39:50 AM PDT by org.whodat
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To: Scanian

Ms Herricks can now retire and collect nearly her former salary. “Retirement was supposed to be something happy. I’m so sad.”

Cry me an effin’ river. Sucks to be you, Ms Herricks.


10 posted on 03/23/2011 1:43:33 AM PDT by tgusa (Investment plan: blued steel, brass, lead, copper)
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To: Scanian

Ms Herricks can now retire and collect nearly her former salary. “Retirement was supposed to be something happy. I’m so sad.”

Could you explain yourself a little better Ms Herricks. Looks on the surface, you ought to be smiling all the way to the bank, so what am I missing?


11 posted on 03/23/2011 1:43:52 AM PDT by wita
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To: wita

They want the world and they want it now!

Their actions and words prove it.


12 posted on 03/23/2011 1:50:32 AM PDT by Scanian (i)
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To: Scanian

Unions, or should I say union leaders, are more greedy than the employers the union leaders constantly harangue. The union leaders’ sole goal is to increase unions size so they can live higher on the hog while contributing zilch to their members or society.


13 posted on 03/23/2011 1:51:06 AM PDT by monocle
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To: org.whodat

Me neither.

I keep hearing rumors that it exists in some far-off county somewhere but I’ve never had the pleasure of seeing it.


14 posted on 03/23/2011 1:52:20 AM PDT by Scanian (i)
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To: Scanian

“I never thought my career would end like this,” Mr. Herricks says. “This was the hardest decision I’ve ever had to make in my life.”

How so? I don’t get it. I sure isn’t “for the children”. So what?


15 posted on 03/23/2011 1:53:11 AM PDT by wita
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To: wita

Gimme, gimme, gimme.

That’s what people like Mr. Herricks are all about.


16 posted on 03/23/2011 1:54:40 AM PDT by Scanian (i)
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To: wita

...IT sure isn’t...

doofus.


17 posted on 03/23/2011 1:55:03 AM PDT by wita
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To: Scanian

It might be enlightening to sit down with both of them and find out just what goes on in those heads.

I’ll be in Oshkosh this summer. Wonder if they are accepting appointments?


18 posted on 03/23/2011 1:57:16 AM PDT by wita
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To: 4rcane

Here in Illinois they retire from one gub’mint job, and almost are immediately placed into another, thus gaining a 2nd pension.

Our tollbooths and forest preserves are loaded with cronies picking up a 2nd or 3rd pension.


19 posted on 03/23/2011 1:58:32 AM PDT by esoxmagnum
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To: wita

Be sure to bring crying towels and T.S. cards.


20 posted on 03/23/2011 2:01:24 AM PDT by Scanian (i)
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To: Scanian

LOL


21 posted on 03/23/2011 2:03:41 AM PDT by wita
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To: Scanian

In case you didn’t have time to read the comments section, someone did a bit of research. Turns out, this couple lied.....BIG TIME....about what they currently earn.

DataMine: Search Wisconsin teacher salaries

First name Leonard
Last name Herricks
Year and session 2009/10
Highest degree Master’s degree
Salary $75,916
Fringe $32,635
Position title Teacher
assign descript Academic Support- Teachers
Low grade served 09
High grade served 12
Bilingual code No
Full time equivalency 14%
Work site Oshkosh Area Sch Dist / West High
County name Winnebago County

First name Mary
Last name Herricks
Year and session 2009/10
Highest degree Master’s degree
Salary $68,423
Fringe $13,917
Position title Teacher
assign descript Elementary - All Subjects
Low grade served 03
High grade served 03
Bilingual code No
Full time equivalency 100%
http://www.postcrescent.com/apps/pbcs.dll/article?AID=/99999999/APC0110/80221166/DataMine-template&appSession=130288610719818&template=artinteractive


22 posted on 03/23/2011 2:55:57 AM PDT by Daisyjane69 (Michael Reagan: "Welcome back, Dad, even if you're wearing a dress and bearing children this time)
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To: Daisyjane69

‘In case you didn’t have time to read the comments section’

Something I don’t do often enough, unfortunately. Sometimes the comments beat the article.

That WSJ comment tab is kinda hard for the semi-blind (me) to find. But it contains some pretty good stuff. The exchange between “Louis” and “James” was excellent. Too bad “John” had his deleted. It must have been a doozy.

As for that couple—cry me a river, folks. Poor babies. Lying babies at that.


23 posted on 03/23/2011 3:16:47 AM PDT by Scanian (i)
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To: wita

“Ms Herricks can now retire and collect nearly her former salary. “Retirement was supposed to be something happy. I’m so sad.”

Could you explain yourself a little better Ms Herricks. Looks on the surface, you ought to be smiling all the way to the bank, so what am I missing?”


My guess: Sad she couldn’t stay a few more years, use some sort of overtime or sick day scam and collect double her salary—for life. Like others said, put a $40K cap on it and let them do the 401k thing like others.


24 posted on 03/23/2011 3:19:17 AM PDT by mewykwistmas (No blood for ($4 a gallon) oil!)
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To: 4rcane
what a racket

A while back it was reported that certain individuals in the People's Republic of New Jersey were able to take early retirements and continue working the same jobs at with the retirement income added to their normal pay.

25 posted on 03/23/2011 3:19:32 AM PDT by Fresh Wind (TOTUS knows how to give a speech. Obama knows how to read.)
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To: Daisyjane69

Good research.
When you are a liberal you are entitled to lie
With such bad math skills she is teaching children?


26 posted on 03/23/2011 3:19:37 AM PDT by dennisw ( The early bird catches the worm)
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To: 4rcane

What do you mean ALMOST THE SAME? Around here they start with Unused sick and vacation pay of Hundreds of thousands of dollars. Then Collect yearly income at least 15% higher than what they made during their working career.
Connecticut is Paying 45 Thousand former public workers in Boca Raton and some Double dipping as they take New jobs after retiring either at 45 years old or 50.
This is pathetic But dont violate their Rights


27 posted on 03/23/2011 3:39:13 AM PDT by ballplayer
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To: tgusa

Yeah, that’s a real ball breaker of a retirement.


28 posted on 03/23/2011 3:47:48 AM PDT by mylife (Opinions: $1.00 ~ Halfbaked: 50c)
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To: Scanian

Mary and Len. 56 years old

Probably 100K a year retirement between them, plus paid medical, SS and Medicare.

Boo Hoo Hoo! Such a raw deal!

Where do I sign up?


29 posted on 03/23/2011 3:52:20 AM PDT by mylife (Opinions: $1.00 ~ Halfbaked: 50c)
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To: Scanian

Public employees should get ZERO when they retire...taxpayers don’t owe them a damn thing.


30 posted on 03/23/2011 3:53:49 AM PDT by who knows what evil? (G-d saved more animals than people on the ark...www.siameserescue.org.)
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To: Scanian
"Not only am I losing salary and benefits and facing a bigger work load, but now they are taking away my rights," says Ms. Herricks, a 56-year-old elementary school teacher. A teacher for 35 years who earns in the high 50s, Ms Herricks can now retire and collect nearly her former salary. "Retirement was supposed to be something happy. I'm so sad."

You're breaking my heart, b****.

31 posted on 03/23/2011 3:55:41 AM PDT by who knows what evil? (G-d saved more animals than people on the ark...www.siameserescue.org.)
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To: who knows what evil?

They must live bombarded by union propaganda. They live in an alternate reality.


32 posted on 03/23/2011 4:02:41 AM PDT by Scanian (i)
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To: who knows what evil?
Oh, this is rich... Oshkosh Education Association Election Results. President - Len Herricks. Treasurer - Mike Hill ... Kraemer, Mark Boushele, Len Herricks, Shelley Hoernke

Retirement Board members: Len Herricks, Patrick Phair and ... [ etf.wi.gov ]

They are scam artists.

33 posted on 03/23/2011 4:05:18 AM PDT by mylife (Opinions: $1.00 ~ Halfbaked: 50c)
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Mary and Len are sad because they didn’t get to stick around a few more years sweetening the pot for themselves working the system from the inside.

That’s whats going on here.


34 posted on 03/23/2011 4:09:10 AM PDT by mylife (Opinions: $1.00 ~ Halfbaked: 50c)
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To: Scanian

Don’t apologize for not reading the comments, I don’t always read them either. This particular one could not be ignored, however!

You do a great service here posting the most germane pieces, in the overnight hours. And I, for one, appreciate it.

If I haven’t said it before, thank you.

:)


35 posted on 03/23/2011 4:13:41 AM PDT by Daisyjane69 (Michael Reagan: "Welcome back, Dad, even if you're wearing a dress and bearing children this time)
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To: Daisyjane69

Thank you very much.

I’ve noticed you posting comments quite often, which I appreciate.

Insomnia has some benefit, I suppose.


36 posted on 03/23/2011 4:15:20 AM PDT by Scanian (i)
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To: mylife
They are scam artists.

Couldn't have put it any better myself...

37 posted on 03/23/2011 4:23:35 AM PDT by who knows what evil? (G-d saved more animals than people on the ark...www.siameserescue.org.)
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To: 4rcane
You should not be able to retire and live in luxury

Unless you earned it.

38 posted on 03/23/2011 4:42:34 AM PDT by Graybeard58 (Of course Obama loves his country. The thing is, Sarah loves mine.)
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To: Scanian
"Not only am I losing salary and benefits and facing a bigger work load, but now they are taking away my rights" Da! Comarade! Those evil capitalist are taking away your rights.
39 posted on 03/23/2011 4:55:24 AM PDT by WaterBoard ("PBR Street Gang this is Almighty, over..")
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To: Fresh Wind

Police do it every day. Many also go out on tax-free ‘disability’ pensions and turn around and start working another full-time jobs while double dipping on public pensions.


40 posted on 03/23/2011 4:57:10 AM PDT by WaterBoard ("PBR Street Gang this is Almighty, over..")
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To: WaterBoard

Shouldn’t all these crazed self-entitled “public servants” be looking through the bars of a jail from the inside for their “retirement”? Cry me a river, you losers. I hope your states and jurisdictions go bankrupt and cancel your cushy “retirements”. You are societal parasites. Have a nice day!


41 posted on 03/23/2011 5:05:00 AM PDT by hal ogen (1st amendment or reeducation camp?)
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To: mewykwistmas
You beat me to it!

ML/NJ

42 posted on 03/23/2011 5:24:41 AM PDT by ml/nj
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To: Scanian

Getting out while they still have a pension. My neighbors did that because they don’t have the retirment savings to support themselves otherwise.

I can understand that. If I was promised 75% wage when I retire, it wouldn’t occur to me to get an IRA.


43 posted on 03/23/2011 5:33:39 AM PDT by redgolum ("God is dead" -- Nietzsche. "Nietzsche is dead" -- God.)
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To: Scanian
Ms Herricks can now retire and collect nearly her former salary. "Retirement was supposed to be something happy. I'm so sad."

Give me virtually the same money for no work as I collect for lots of work, and I'll be the happiest camper the world's ever seen.

44 posted on 03/23/2011 5:34:13 AM PDT by nina0113
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To: Scanian; org.whodat
I keep hearing rumors that it exists in some far-off county somewhere but I’ve never had the pleasure of seeing it.

Remember that 'two Americas' thing? It's in the other one.

45 posted on 03/23/2011 5:36:58 AM PDT by nina0113
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To: Scanian
"Retirement was supposed to be something happy. I'm so sad."

Take your pension and go teach in a private school.

46 posted on 03/23/2011 5:51:09 AM PDT by jimfree (In 2012 Sarah Palin will continue to have more relevant quality executive experience than B. Obama.)
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To: Scanian

I knew it!!!!! I knew it!!!!! This is just the beginning. Teachers are going to go in droves next. Things are going exactly as I predicted. Now you will be paying for retirees AND new hires just because you couldn’t give a 2 percent raise and the bad press that they are getting. Brilliant!!!!! ROTFLMAO. This is so rich that it is actually sad. Good thinking folks.


47 posted on 03/23/2011 5:57:59 AM PDT by napscoordinator
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To: 4rcane

put a cap to $40k per year. Noone should be able to collect more than this.

Sounds very socialist to me. I thought you were a conservative......hum. I was wrong.


48 posted on 03/23/2011 5:59:42 AM PDT by napscoordinator
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To: tgusa

Cry me an effin’ river. Sucks to be you, Ms Herricks.

No you are so wrong. Sucks to be the taxpayer.....people are so insane around here.....never thinking. Now you have to pay her AND her replacement. lol.


49 posted on 03/23/2011 6:01:38 AM PDT by napscoordinator
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To: Scanian

“A teacher for 35 years who earns in the high 50s, Ms Herricks can now retire and collect nearly her former salary.”

Cut her retirement to $1,000 a month, and then tax that at 50%. As a liberal, she’ll approve. Can’t have these rich folks ripping off the poor taxpayers.


50 posted on 03/23/2011 6:15:26 AM PDT by sergeantdave (The democrat party is a seditious organization and must be outlawed)
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