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San Diego And San Jose Approve Pension Cuts In A Landslide Vote
Business Insider ^ | 06/06/2012 | AP

Posted on 06/06/2012 7:37:23 AM PDT by SeekAndFind

SAN DIEGO (AP) — Voters in two major California cities overwhelmingly approved cuts to retirement benefits for city workers in what supporters said was a mandate that may lead to similar ballot initiatives in other states and cities that are struggling with mounting pension obligations.

Supporters had a simple message to voters in San Diego and San Jose: Pensions for city workers are unaffordable and more generous than many private companies offer, forcing libraries to slash hours and potholes to go unfilled.

"The public is frustrated," said San Diego Councilman Carl DeMaio, a Republican who staked his mayoral bid on the pension measure and advanced to a November runoff in Tuesday's election to lead the nation's eighth-largest city.

In San Diego, 66 percent voted in favor of Proposition B, while 34 percent were opposed. Nearly 97 percent of precincts were tallied by early Wednesday.

The landslide was even bigger in San Jose, the nation's 10th-largest city. With all precincts counted, 70 percent were in favor of Measure B and 30 percent were opposed.

(Excerpt) Read more at businessinsider.com ...


TOPICS: Breaking News; Business/Economy; Culture/Society; Front Page News; Government; Politics/Elections; US: California
KEYWORDS: approve; cuts; goldplatedretirement; landslide; pension; pensions; sandiego; sanjose; union; unions; vote; walker
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1 posted on 06/06/2012 7:37:32 AM PDT by SeekAndFind
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To: SeekAndFind

Well darn..../s


2 posted on 06/06/2012 7:39:27 AM PDT by Vendome (Don't take life so seriously, you won't live athrough it anyway)
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To: SeekAndFind

Do You Know The Way To San Jose lyrics
Songwriters: BACHARACH, BURT / DAVID, HAL

Do you know the way to San Jose?
I’ve been away so long. I may go wrong and lose my way.
Do you know the way to San Jose?
I’m going back to find some peace of mind in San Jose.

L.A. is a great big freeway.
Put a hundred down and buy a car.
In a week, maybe two, they’ll make you a star
Weeks turn into years. How quick they pass
And all the stars that never were
Are parking cars and pumping gas

You can really breathe in San Jose?
They’ve got a lot of space. There’ll be a place where I can stay

I was born and raised in San Jose
I’m going back to find some peace of mind in San Jose.

Fame and fortune is a magnet.
It can pull you far away from home
With a dream in your heart you’re never alone.
Dreams turn into dust and blow away
And there you are without a friend
You pack your car and ride away

I’ve got lots of friends in San Jose
Do you know the way to San Jose?
Can’t wait to get back to San Jose.


3 posted on 06/06/2012 7:43:10 AM PDT by Red Badger (Think logically. Act normally.................)
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To: Red Badger

Better have a fortune if moving to San Jose, whoa, whoa, whoa, whoa, whoa, whoa, whoa, whoooooo-—wooooooo—whoooooooa.


4 posted on 06/06/2012 7:47:01 AM PDT by tflabo (Truth or tyranny)
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To: SeekAndFind

I bet the courts will simply declare these votes unconstitutional...


5 posted on 06/06/2012 7:48:42 AM PDT by Zhang Fei (Let us pray that peace be now restored to the world and that God will preserve it always.)
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To: Zhang Fei

Unfortunately, the taxpayers are still stuck with the high salaries and hugh pensions of current employees. We can’t afford those either. Then pension reform hasn’t gone far enough.


6 posted on 06/06/2012 7:52:16 AM PDT by Oldexpat
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To: Oldexpat

When’s the Recall?


7 posted on 06/06/2012 8:00:39 AM PDT by massgopguy (I owe everything to George Bailey)
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To: Oldexpat

Right on. We need to figure out how much we need to pay these folks TODAY for the work they do TODAY. Just like everyone else with a job. It is ridiculous to promise them pay and benefits for the REST OF THEIR LIVES in exchange for the next 20 years work. Maybe they should get a raise. But when the work stops, the pay and benefits stop. I’m sure someone will take that deal if the current crop resigns over it.


8 posted on 06/06/2012 8:02:08 AM PDT by Dr. Pritchett
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To: All
Greedy Cali Unions Raid Pensions, Then Blame Wall Street
3/7/12 IBD Editorial | FR Posted by Kaslin

Reports from a variety of media reveal California state employees are spiking their pensions to stratospheric levels, leaving nothing for their brother employees. Sorry, can't blame Wall Street for this one. In a laudable instance of the mainstream media doing its job, the Los Angeles Times, the Sacramento Bee, Bloomberg News and City Journal have all exposed "pension spiking" by California public employees.

Basically, the govt greedsters manipulate rigid unionized pay and promotion systems to raise their pensions well above what they earned during their working years.

The Los Angeles Times pieced together tough-to-get data from Kern and Ventura counties and found a fiscal horror story: In Kern, 77% of public employees with pensions greater than $100,000 actually get more than they did during their working lives. In Ventura, the figure is 84%. Kern has a $761 million pension shortfall, in part due to the practice.

Both the practice and the lack of transparency are signs of a rotten system. Bigger counties like San Diego and Los Angeles also permit pension spiking.

AND GET THIS: LA govt insiders asked the Times to fork over $63,000 for "research" or they won't reveal a thing about govt budgets (tax dollars). Seems it doesn't bother the govt bureaucrats to pay out the spiked cash, but knowing how much of the tax dollars are going out is (not allowed)....... (Excerpt) Read more at news.investors.com ...

=============================================

FReeper grampadave posted: CBS Evening News reported 3/7/12---San Jose, CA has three spanking new libraries and a mega- police station that are vacant and unused b/c of lack of funds----govt worker pensions are eating up the city budget. Govt workers get 90% of their salaries as pensions when they retire at the age of 50 or so---probably into a 2nd low-show six- figure govt job.

Vallejo, the city that went bankrupt closed a new fire station and for awhile had the community of Benicia on call for fires and police action. Then, things seemed to turn around, the fire station was reopened, cops and firemen were hired, and we started hearing about the Vallejo miracle.Most of us know that the age of miracles died about 2000 years ago.

So how did Vallejo liberals running the same Ponzi games with union thug voters turn Vallejo around? Apparently, the new regime got promises from the thugs in DC and got federal grants to pay their bills. Eventually the evil bond holders/creditors will be knocking at the doors asking for money that will not be there when those grants run out.Vallejo was in vote-crazed Obama's pants in the last election, and they will be even more so in the upcoming election.......there was no Vallejo Miracle just more of the same criminal con game.

=========================================

Paraphrasing Saint Augustine “Without a system of justice – what is govt but a marauding band of thieves.”

9 posted on 06/06/2012 8:07:02 AM PDT by Liz
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To: SeekAndFind
Rather than just enjoying a respectfully sized slice, the unions want the whole damn pie. The public has spoken out and will continue to speak:

NO MORE PIE FOR YOU!

10 posted on 06/06/2012 8:11:46 AM PDT by JPG (Don't just talk about it, make it happen.)
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To: SeekAndFind

Some Democrat judge beholden to the Party will just declare void due to rasism, or homophbia, or sumpin.


11 posted on 06/06/2012 8:12:51 AM PDT by tcrlaf (Election 2012: THE RAPTURE OF THE DEMOCRATS)
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To: SeekAndFind

Yeah, but how did Obama do in the exit polling?


12 posted on 06/06/2012 8:19:20 AM PDT by kevao
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To: Red Badger

I had an aunt and uncle who moved there after retiring from the Air Force. It didn’t take long for them to grow to detest the city. They bailed out just before the property values started to crumble.


13 posted on 06/06/2012 8:21:41 AM PDT by oyez ( Affordable Health-care is neither affordable nor health-care.)
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To: Zhang Fei

If the court declares it unconstitutional, the only alternative is city bankruptcy.


14 posted on 06/06/2012 8:22:22 AM PDT by doug from upland (Just in case, it has been reserved: www.TheBitchIsBack2012.com)
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To: tcrlaf

Good. This is a start. Maybe now my insufferable liberal former-teacher-retired-at-age-52 sister-in-law will get her cumuppance. She constantly moans that she worked so hard, got paid so little and she deserves more. For the children...I know. The main problem is that she seems to feel she knows everything and she won’t STFU. But it would be nice to see her pension cut by say 50%.


15 posted on 06/06/2012 8:22:54 AM PDT by hal ogen (First Amendment or Reeducation Camp?)
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To: tcrlaf

Good. This is a start. Maybe now my insufferable liberal former-teacher-retired-at-age-52 sister-in-law will get her cumuppance. She constantly moans that she worked so hard, got paid so little and she deserves more. For the children...I know. The main problem is that she seems to feel she knows everything and she won’t STFU. But it would be nice to see her pension cut by say 50%.


16 posted on 06/06/2012 8:22:54 AM PDT by hal ogen (First Amendment or Reeducation Camp?)
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To: hal ogen

In the end this sort of pension system cannot continue. There is not enough money. One way or the other it can’t last. If that chaps certain deserving asses, good!


17 posted on 06/06/2012 8:28:50 AM PDT by Anti-Bubba182
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To: SeekAndFind

NO ONE should get paychecks for not working. Social Security checks are bad enough.


18 posted on 06/06/2012 8:38:49 AM PDT by GeorgeWashingtonsGhost
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To: Liz
Apparently, the new regime got promises from the thugs in DC and got federal grants to pay their bills.

The billions of Obama's shovel ready stimulus funds sent to California to stimulate the economy, were shovelled right into CALPERS to stimulate government employee retirements.

19 posted on 06/06/2012 8:41:59 AM PDT by Uncle Chip
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To: SeekAndFind

And now the lawsuits and ninth circus start the process to overturn the voter’s will.


20 posted on 06/06/2012 8:58:00 AM PDT by pfflier
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To: SeekAndFind
The LIBTARDS (who have run Mexifornia into the ground) will immediately run to the unelected men in black and throw a temper tantrum.
21 posted on 06/06/2012 9:09:36 AM PDT by Cheerio (Barry Hussein Soetoro-0bama=The Complete Destruction of American Capitalism)
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To: Cheerio
The LIBTARDS (who have run Mexifornia into the ground) will immediately run to the unelected men in black and throw a temper tantrum.

At some point, in the very near future, mayors & governors & a conservative, patriotic president (if there is one that can be found) will need to tell these RAT bastard liberal activist judges to simply just STFU and NO, we will no longer acknowledge or listen to their legislative unconstitutional edicts. And then we need to garnish their wages & homes & lifestyles to pay for the havoc they are causing. If this ever happened, their activism would cease & desist in a heartbeat after about 4-5 of these incidents.

22 posted on 06/06/2012 9:26:34 AM PDT by rcrngroup
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To: Dr. Pritchett; Oldexpat

I’d take it further. For many government jobs you don’t even need the positions. Start with zero based budgeting for every job. You’d be able to eliminate 5-15% without incurring public ire because their jobs are so obviously unneeded.

We need a Live Action crew to film government workers in the execution of their duty. Film them doing nothing, chatting, driving around aimlessly. Every afternoon there is a 4 man public works crew that shows up for the last 30-45 minutes of the day and parks near my house to kill the time.

They’re gone now as I’ve complained, likely hiding somewhere else. It would have been better had I filmed them day after day. I wish I had.


23 posted on 06/06/2012 9:34:02 AM PDT by 1010RD (First, Do No Harm)
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To: SeekAndFind
I know of a Civil Engineer who lived in Morgan Hill, a few miles south of San Jose. He worked there for 25 year, His salary for his last few years was $125K. He retired with full pay - $125K/yr + medical(spouse also covered) for the rest of his life.

Naturally, he moved out of California and moved to Idaho.

24 posted on 06/06/2012 9:35:12 AM PDT by muleskinner
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To: Oldexpat
Then pension reform hasn’t gone far enough.

As with rolling back anti-gun laws . . . small steps, small steps.

25 posted on 06/06/2012 9:51:28 AM PDT by Oatka (This is America. Assimilate or evaporate.)
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To: rcrngroup
And then we need to garnish their wages & homes & lifestyles to pay for the havoc they are causing. If this ever happened, their activism would cease & desist in a heartbeat after about 4-5 of these incidents.

I agree. IMHO the most important aspect of the Nov 2012 PRESIDENTIAL election is the appointments to SCOTUS - not undoing Obamacare, or Dodd Frank - WE MUST NOT ALLOW THE CHICAGO jESUS TO APPPOINT 1-3 MORE LIBTARDS TO SCOTUS.

You and I both know there are enough RINOS in the Senate to approve two or three more liberal activist judges to SCOTUS. After all the GOP-e allowed Kagan and the wise Latino Sotomeyor to be seated. They could have filibustered their nominations but instead were scared to death of the media and their reelection.
26 posted on 06/06/2012 9:51:49 AM PDT by Cheerio (Barry Hussein Soetoro-0bama=The Complete Destruction of American Capitalism)
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To: doug from upland

“If the court declares it unconstitutional, the only alternative is city bankruptcy.”

Another poster has suggested that if this happens we need to apply “rope therapy” as needed! Seriously though, this is a key problem with which we must deal as a country as we take these steps to take it back from the PE unions.


27 posted on 06/06/2012 9:53:28 AM PDT by vette6387
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To: GeorgeWashingtonsGhost

Social Security checks are bad enough.
_______________________________________

That’s where I have to disagree with you. I worked as a small businessman for my final 18y of work after working 20 years for a company. On average I’d have to pay 10-12k per year into my social security fund. Over and above income taxes. That social security is my money 100% of it! I’d be happy to get back what’s in my “account” with zero interest, but please don’t insinuate that I’m getting something for free.


28 posted on 06/06/2012 9:57:48 AM PDT by sanjuanbob (Festina Lente)
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To: SeekAndFind

It’ll get dragged in to court and the voters will be told to pound sand.


29 posted on 06/06/2012 10:02:02 AM PDT by djf ("There are more old drunkards than old doctors." - Benjamin Franklin)
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To: Zhang Fei

This was my first thought as well!


30 posted on 06/06/2012 10:04:36 AM PDT by Personal Responsibility (Behind enemy lines in the city where it's illegal to buy a Big Gulp)
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To: djf

Yep, California judges. “You vote; we decide!”


31 posted on 06/06/2012 10:05:50 AM PDT by kevao
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To: Dr. Pritchett
Right on. We need to figure out how much we need to pay these folks TODAY for the work they do TODAY. Just like everyone else with a job.

That's what they are doing...The pensions are part of their wages for the work they did today and yesterday that they trusted the Gov't to hold for them...The Gov't spent it instead...

You wanna chop their wages, go ahead...But don't cheat them out of their own money that is owed to them...

32 posted on 06/06/2012 10:13:55 AM PDT by Iscool (You mess with me, you mess with the WHOLE trailerpark...)
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To: Iscool

I’m not cheating anybody out of anything. As has been said, “They trusted the gov’t” and it was the gov’t that cheated them. (The gov’t also cheated future citizens of the municipality by promising pay down the road under a totally different administration).

...And pensions are not part of wages. I’m all for giving current employees a HIGHER wage if that’s what they deserve from their willing employers in the community. But I’m against signing up future generations for paying pensions for folks that work for me now.

Just my take on it. I’m paying these retirees and they never worked for me. They worked for someone 40 years ago who presumed on me to pay pensions in the next century.


33 posted on 06/06/2012 10:29:36 AM PDT by Dr. Pritchett
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To: SeekAndFind

the damn is breaking, Republicans seem to be finally winning the financial argument.

Now if we can just make some progress on social issues, we can get this country straightened out.


34 posted on 06/06/2012 10:29:58 AM PDT by TexasFreeper2009 (Obama lied .. and the economy died.)
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To: sanjuanbob
but please don’t insinuate that I’m getting something for free.

Most people who rant that Social Security is a free ride, forget that the Social Security fund was raided to pay for yesterdays and today's political solutions that they benefited from, instead of being left as a retirement fund for the future.

The very ones who complain about the free ride, rode Social Security into the ground for free! Let them pay back all the monies taken for their darling political projects to protect green frogs or study sexual habits of Chinese hookers, then Social Security will have plenty for the people that deposited into it their entire lives.

35 posted on 06/06/2012 10:40:29 AM PDT by American in Israel (A wise man's heart directs him to the right, but the foolish mans heart directs him toward the left.)
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To: Red Badger

I’m hearing Dionne Warwick in my head.


36 posted on 06/06/2012 10:46:23 AM PDT by GATOR NAVY
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To: 1010RD

I recently got a job in IT with my local county. I’m in my early 50s mind you. The majority of the workforce is in their 50s and believe that they are owed a pension and that early retirement is some sort of right.

They’ve been there for at least 20 plus years; have never upgraded their skills beyond Windows XP (and I’m sure they went kicking and screaming with that) and are overpaid and underworked. I actually enjoy it when my colleagues are off because I feel like I’m working in the private sector again (their workload plus my workload equals average private sector individual workload).

There’s a “programmer” that has never gone beyond Foxpro and is making twice what I do yet relies on ME to sysprep and image Windows 7 machines so that he can “slum it” by deploying my handiwork!!


37 posted on 06/06/2012 10:48:15 AM PDT by AbolishCSEU (Percentage of Income in CS is inversely proportionate to Mother's parenting of children)
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To: hal ogen

Tell your SIL I want restitution for my unjust 12-year incarceration in the Schoolag Archipelago.


38 posted on 06/06/2012 10:51:56 AM PDT by St_Thomas_Aquinas (Viva Christo Rey!)
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To: SeekAndFind

It should be a ripple effect across the nation.


39 posted on 06/06/2012 10:51:56 AM PDT by b4its2late (A Liberal is a person who will give away everything he doesn't own.)
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To: holdonnow; HonestConservative; kristinn; IMissPresidentReagan

FYI


40 posted on 06/06/2012 10:53:19 AM PDT by AliVeritas (God's will be done. Pray, Pray, Pray, Penance, Penance, Penance.)
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To: sanjuanbob

Social Security should be paid out EQUAL TO what one has paid into it and no more. Unfortunately, that’s not how it works.. Social Security checks are issued to people who never even worked a day in their life. The system is idiotic and with people living longer, most people receive over TWICE what they ever paid into it. This system cannot and will not sustain itself.


41 posted on 06/06/2012 10:54:07 AM PDT by GeorgeWashingtonsGhost
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To: American in Israel
Very true, and it just fries me that I've been forced to pay into this giant Ponzi scheme the past 30+ years of my working life.

This is the worst damn thing that's ever been foisted on this country. People need to realize the Supreme Court has ruled that no one has any legal claim to a dime that they've put into it. It totally depends on the good graces (yeah right) of the Federal government.

Frankly, I'll be surprised to ever see a dime of it back. Just makes me want to puke.

42 posted on 06/06/2012 10:57:09 AM PDT by Marathoner (If the choice was Obama vs. Satan I'd have to flip a coin.)
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To: GATOR NAVY

No, that’s just the Psychic Hotline.............


43 posted on 06/06/2012 11:03:14 AM PDT by Red Badger (Think logically. Act normally.................)
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To: Dr. Pritchett

I’m paying these retirees and they never worked for me. They worked for someone 40 years ago who presumed on me to pay pensions in the next century.
___________________________________________________________
Well said doctor.


44 posted on 06/06/2012 11:05:30 AM PDT by sanjuanbob (Festina Lente)
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To: Oldexpat

Your right, this only applies to new hires. San Jose is still on the hook for current employees and retirees. As is San Diego. These pensions literally make me sick. I heard on a local radio show that there are retired librarians receiving over 100 grand a year. Can you believe it?!!


45 posted on 06/06/2012 11:43:48 AM PDT by BLOC77 (bloc07)
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To: GeorgeWashingtonsGhost

They need to start all new hires on a defined contribution plan instead of a defined benefit plan.


46 posted on 06/06/2012 11:45:28 AM PDT by TurboZamboni (Looting the future to bribe the present)
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To: Oldexpat

Your right, this only applies to new hires. San Jose is still on the hook for current employees and retirees. As is San Diego. These pensions literally make me sick. I heard on a local radio show that there are retired librarians receiving over 100 grand a year. Can you believe it?!!


47 posted on 06/06/2012 11:46:05 AM PDT by BLOC77 (bloc07)
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To: Iscool

The government didn’t spend their money, (unless your talking Social Security,) The government, local and state, made promises to public employees that they knew they couldn’t keep. The pensions for retired public employees is beyond obscene. Calif. has a deficit of 14 billion and Gov. Brown wants to raise taxes to cover it. Guess where over 50% of the newly generated revenue will go. Yep, to cover pensions for retired public employees.


48 posted on 06/06/2012 11:55:56 AM PDT by BLOC77 (bloc07)
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To: SeekAndFind

unconstitutional


49 posted on 06/06/2012 12:04:14 PM PDT by ichabod1 (Cheney/Rumsfeld 2012)
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To: SeekAndFind

Walker/Wisconsin are on to something.


50 posted on 06/06/2012 12:06:59 PM PDT by hattend (Firearms and ammunition...the only growing industries under the Obama regime.)
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