[Navy Patriot]

Good rulings.

In fact, taxpayers (public employers) are prevented from negotiating with public unions in a meaningful way, so contracts forced upon them are invalid.

[MSF BU]

If COLA’s can be limited or eliminated the local/state pension crisis can be solved by inflating the currency. More and more it looks as though the municipal and state employee and retired personnel will pay a price. I am not as certain about federal retirees.

[commish]

The biggest thing to understand here is that the pensions ARE NOT BEING CUT - the Cost of living allowance is being redone. That is what fueled the rulings, and the rulings are correct.

Just as with a private pension, the only thing the retiree is garaunteed is that they will recieve a pension. Yearly increases for public pensions are just gravy.

I am a military retiree, and while I like the idea of annual COLA’s the fact is the only thing I was promised was a % of my final pay. Any raises are completely at the mercy of the rules at that point in time, and I am fine with that.

[theBuckwheat]

When there are only so many jelly beans in the jar, the sooner we face up to that reality the better.