Ballot initiative threatens state worker retirement security

SEIU Local 1000 (via email) ^ | 6/5/2015 15:48 PST | SEIU Local 1000

[MeganC]

Ballot initiative threatens state worker retirement security

A coalition of anti-union, anti-public employee groups, including the National Right to Work Committee, launched their latest attack against public employee pensions and the hard-earned retirement security of state workers.

Their misleading campaign, called the “Voter Empowerment Act of 2016,” would undermine collective bargaining and require voter approval for changes to pensions and other retirement benefits, including medical insurance.

“This dangerous initiative is a real threat to the financial security of our members and all public employees,” said Yvonne R. Walker, Local 1000 president. “It is more important than ever to become a member of Local 1000, to continue building the power necessary as we take up the fight against this new attack on our pensions.”

[MeganC]

From a pro Right-to-Work friend who works for the State of California. He says in his email that the voter proposition would also stop a practice called "spiking" where someone gets a crazy promotion just before they retire so they can qualify for a much higher pension without having paid into the system to warrant that pension.

This proposition would also erode the power of the Democrats in California (and in Congress) by cutting their biggest source of campaign funding.

[MeganC]

Do I need to add that I think this is a good thing? (-:

[abb]

Gibmedats and government deadheads is OWED!!

[knarf]

“This dangerous initiative is a real threat to the financial security of our members and all public employees,”

It sure is

It's about time the hens decide what the foxes eat and where.

[familyop]

The more influence they have in politics, the faster our slide into socialism.

Heavy Hitters: Top All-Time Donors, 1989-2014
http://www.opensecrets.org/orgs/list.php
American Fedn of State, County & Municipal Employees $60,949,129 [Democrat] 81% [Republican] 1%”

Leviathan (Uncle Sam employs more people than you think)
National Review ^ | 02/03/2011 | Iain Murray
"...nearly 40 million Americans employed in some way by government."

[USNBandit]

The problem with Calpers is massive under funding combined with outrageous fund growth expectations, and topped with unrealistic defined payouts.

[ProtectOurFreedom]

I have ZERO “retirement security.” Eff ‘em, the maggots and leaches.

[tubebender]

They also pad the retirement benefit by building up sick leave and taking payment in the last year ~~

[Lurker]

Well said.

L