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In reply to the discussion: All precincts counted: San Jose passes pension reform [View all]tularetom
(23,664 posts)31. Regardless of whether or not they were the result of meet and confer
Last edited Wed Jun 6, 2012, 07:43 PM - Edit history (1)
they are still loopholes. The public was not aware that a public employee could in fact save his retirement and sick leave until he cashed it out in his last year of employment thus (in come cases) doubling his salary in that final year and in effect doubling his monthly retirement allowance.
I doubt if the city councils and county supervisors who approved the new retirement formulas were aware of it either.
You should read this article - this is the kind of thing that pisses people off. And it pisses me off too because it represents what public employment used to be and how it has changed.
http://taxdollars.ocregister.com/2011/11/02/100k-pension-club-soars-99-in-two-years/123353/
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I work for a local government and we had the same situation. I am in the SEIU and we had a
upaloopa
Jun 2012
#3
That is what I am afraid is the current reality. Politically, do you believe it is time to end
kelly1mm
Jun 2012
#5
We should fight for union representation for all of us and them bargain for better retirement plans.
upaloopa
Jun 2012
#8
Thank's for the reply. Was there any consensus on why the President did not put
kelly1mm
Jun 2012
#10
Maybe a inflation adjusted pension cap? What should it be? $2000 per month may be fine in Fresno
kelly1mm
Jun 2012
#6
You should check out your claims -- they're false as far as the cops are concerned
Mairead
Jun 2012
#21
I am talking about the firefighters and sheriff deputies that work for our county.
upaloopa
Jun 2012
#24
no, "reforms" will be targeted at the rank-&-file. the corrupt will continue to earn the fruits of
HiPointDem
Jun 2012
#26
In the long run, I believe defined benefit pensions will disappear and be replaced by 401k's.
badtoworse
Jun 2012
#9
I agree. Should we thus continue to fight against the tide or just accept the new reality? Does
kelly1mm
Jun 2012
#12
Instead of punishing fellow workers, they should be striking for better benefits.
Tierra_y_Libertad
Jun 2012
#13
Too many of them "others" work as public employees. When times were great and the private sector
nanabugg
Jun 2012
#20
Police and fireman's pensions were the one they were trying to rein in and the public
demosincebirth
Jun 2012
#22
They get a MEASLEY 2,000 a month and the people in this country act like thats alot of money
bigdarryl
Jun 2012
#38