Author Topic: Pensions and Benes for Unionized Public Employees are next bubble to pop.  (Read 11187 times)

Soul Crusher

  • Competitors
  • Getbig V
  • *****
  • Posts: 39782
  • Doesnt lie about lifting.
Florida Cities Are Drowning In Pension Debt : The Sunshine State follows the Golden State
Business Insider ^ | 02/14/2011 | Grace Wyler


________________________ ________________________ ____________


Unfunded pension obligations are a "ticking time bomb" for cities and counties across Florida, according to a new report.

The report, from researchers at Florida State University, found that local government's have failed to set aside enough money to fund generous pension and health care plans for public employees. Now, as baby-boomers reach retirement, pension obligations are putting a serious strain on already tight municipal budgets.

The problem is affecting nearly every large city in Florida. Miami, one of the worst offenders, only set aside $74 million of the $100 million it owed in 2009, the Miami Herald reports. Orlando and Fort Lauderdale underfunded their pension plans by 30%.

On average, pension obligations are nearly 10% of Florida cities' annual spending, the report says. In Miami and St. Petersburg, retirement costs are more than 50% of total payrolls.

The study comes on the heels of Florida Gov. Rick Scott's $65 billion budget proposal, which includes a sweeping overhaul of the state employee pension system.


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

The True Adonis

  • Getbig V
  • *****
  • Posts: 50255
  • Fear is proof of a degenerate mind.
Re: Pensions and Benes for Unionized Public Employees is killing this country.
« Reply #1 on: February 14, 2011, 11:52:20 AM »
Its really not.  Anything built from the late 1800s (start of the United States industrial revolution) to about 1970 (the time period when America actually manufactured goods) bore a union label proudly. Clothes, Cars, Saw Mills, Masonry, Windows, Farms etc... If America made it, there was a Union label on it.  The height of American Manufacturing power 1880-1970 was a direct result of Unions.


Soul Crusher

  • Competitors
  • Getbig V
  • *****
  • Posts: 39782
  • Doesnt lie about lifting.
Re: Pensions and Benes for Unionized Public Employees is killing this country.
« Reply #2 on: February 14, 2011, 11:55:29 AM »
Its really not.  Anything built from the late 1800s (start of the United States industrial revolution) to about 1970 (the time period when America actually manufactured goods) bore a union label proudly. Clothes, Cars, Saw Mills, Masonry, Windows, Farms etc... If America made it, there was a Union label on it.  The height of American Manufacturing power 1880-1970 was a direct result of Unions.



What do "PUBLIC EMPLOYEE UNIONS" build?

Soul Crusher

  • Competitors
  • Getbig V
  • *****
  • Posts: 39782
  • Doesnt lie about lifting.
Legislative analyst identifies massive cuts if taxes fail
SacBee: Capitol Alert ^ | 2/14/11 | Kevin Yamamura


______________________-



If lawmakers pursue a cuts-only budget to solve the state's $26.6 billion deficit, they could eliminate class-size reduction, require that kindergarten students be 5 years old at enrollment and hike university tuition by another 7 to 10 percent, according to a new review by the nonpartisan Legislative Analyst's Office.

There's also a stark option for state workers: reduce pay by an additional 9.24 percent (equal to two furlough days) and reduce state contributions to employee health care by 30 percent.

The Feb. 10 letter responds to Sen. Mark Leno, D-San Francisco, who asked the Analyst's Office what the Legislature could do if voters or lawmakers reject tax revenues proposed by Gov. Jerry Brown. The LAO offered $13.5 billion in alternatives, presuming under Leno's request that the ballot taxes did not succeed and other revenue ideas like eliminating enterprise zones would fail.


(Excerpt) Read more at blogs.sacbee.com ...

Soul Crusher

  • Competitors
  • Getbig V
  • *****
  • Posts: 39782
  • Doesnt lie about lifting.

Kentucky Senate Votes to End Guaranteed Pensions
John Ellis | Feb. 14, 2011, 11:45 AM | 708 |  10




New Moody's Rules Make Hawaii The Worst State In The Nation

US Looking A Lot Like The EurozoneThis City Refuses To Find Out How Much Money It Owes
 
The Kentucky state Senate passed a bill Friday that would end guaranteed pensions for new state and local government employees. 

The Lexington Herald-Leader reports that the bill was designed to address the public pension funds' growing liability.  The paper reports:

Kentucky needs to stay ahead of the multibillion-dollar pension liability problem that is forcing tax hikes and painful spending reductions in other states, said Republican senators backing the bill.  "It is just not affordable to go forward with our current plan, for state government or for local governments," Sen. Damon Thayer, R-Georgetown, told his colleagues.

From a fairness perspective, taxpayers in the private sector struggle with layoffs, stagnant wages and benefits cuts, yet they're expected to support generous public pensions far better than anything they will get to enjoy, he said.

The Republican-controlled Senate voted 24-13, along party lines, to send Senate Bill 2 to the Democratic-led House, where its future appears grim.


Tags: State & Muni, State And Muni, Pensions, Debt, Municipal Debt, Pension Crisis, Deficit, Politics, Governance, Cutting Costs, State Governments, Spending | Get Alerts for these topics »

Read more: http://www.businessinsider.com/kentuck-senate-votes-to-end-guaranteed-pensions-2011-2#ixzz1DyCWabK1

Soul Crusher

  • Competitors
  • Getbig V
  • *****
  • Posts: 39782
  • Doesnt lie about lifting.
Chicago's Finances Are Even Worse Than Everyone Thought (don't fall of your chair!!)
www.businessinsider.com ^ | businessinsider.com




Just when Chicago's fiscal problems looked they couldn't get much worse, a new study shows that the city now faces nearly $23 billion in unfunded pension liabilities, the Chicago Tribune reports.

Chicago's unfunded pension obligation has increased 600% since 2000, according to the report, released by the city's Civic Federation. When combined with state pension debt, unfunded liabilities on public employee pensions would now cost each Chicago resident more than $11,934.

Much of the blame rests with Illinois' pension code, which allows local governments to avoid paying their contributions to public employee pension plans. This problem is exacerbated, the report says, as the number of retirees exceeds the number of active public employees.


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

Soul Crusher

  • Competitors
  • Getbig V
  • *****
  • Posts: 39782
  • Doesnt lie about lifting.
Re: Pensions and Benes for Unionized Public Employees next bubble to pop.
« Reply #6 on: February 15, 2011, 09:39:59 AM »
Public Worker Unions Get Ready For A Showdown Over Wage, Pension Cuts
Business Insider ^ | 02/14/11 | Grace Wyler


________________________ ___________________-



As state governments look for ways to cut spending and curb growing pension costs, unions fighting to turn the tide of public opinion and stop attempts to pare down wages, benefits and collective bargaining rights for public workers, the Wall Street Journal reports.

Leaders of the American Federation of Government employees are asking members to increase their contributions to the organization's PAC fund. Meanwhile, the American Federation of State, County and Municipal Employees, or AFSCME, is devoting its political heft towards fighting plans to cut public worker compensation in states like New York and Ohio


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

Soul Crusher

  • Competitors
  • Getbig V
  • *****
  • Posts: 39782
  • Doesnt lie about lifting.
Re: Pensions and Benes for Unionized Public Employees are next bubble to pop.
« Reply #7 on: February 17, 2011, 05:19:06 AM »
Unions want to overturn election result
vscript language="javascript1.2" src="http://www.jsonline.com/g/g/button/button_1.js">
e-mail
print
Feb. 16, 2011 |(29) Comments




Say you generally liked Gov. Scott Walker's move to rein in government labor costs but had a few doubts on his method. The last few days should have cleared that up nicely.

The public-sector union tantrums, meant to make lawmakers wobble, have an inadvertent message for the rest of us: Voters can vote all they want. We can elect a cheapskate governor and a Legislature to match. But come the moment, unions will have the last, loudest word.

They'll have it if takes marches. They'll have it if it takes what amounts to an illegal strike, with so many Madison teachers calling in sick Wednesday that the district closed schools. If it takes showing up for a we-know-where-your-family-is protest on Walker's Wauwatosa lawn while he was at work, the unions are sure they can outshout any election result.

This is exactly why Walker is right to limit the unions' power over government spending.

Walker, remember, is not removing unions' fundamental power to bargain for wages. He is demanding that state workers put 5.8% of their wages toward retirement and that they cover 12.6% of their health care premiums, which would still have them paying more than $100 less a month than the average schmoe. He is also proposing that elected officials determine the shape of employee benefits without having to bargain them, and this as much as the added cost has unions crying "unfair."

They insist this is the end of unionization in government, something to which they have as much right, they say, as anyone else.

But they miss a bedrock difference. Unions in the private sector are a way of organizing private interests, those of employees, against other private interests, those of a company's owners, for economic gain and for protection against unfairness. In government, workers are already protected against unfairness by civil service laws, and Walker has supported expanding those. Economically, government unions pit a private interest, that of employees, against the public's interest, that of taxpayers and voters.

We see the result. Walker's moves are prompted by the state's vast deficit. The alternative, he says, is to lay off thousands. Nonsense, charge the marchers: Just raise taxes. Unions and allies have for years been demanding more sales taxes, new business taxes and higher taxes on other people's incomes, all to keep the state flush and generous. We're taxed enough already, said a voting majority in November. Not yet, insist the unions that have become the largest players in Wisconsin politics precisely to counter any such voter sentiment.

Anyway, union leaders were conceding the pension and health care premiums by this week. They said they knew they'd have to pay more eventually - so when unions in December said such payments were tantamount to slavery, it must have been just maneuvering. Bygones, say unions, as long as Walker leaves them the power to set health benefits via bargaining. Leave that, they say, and it's peace.

Yeah? Recall how we got here. How is it that only in desperation will unions accept a deal that still leaves them better off than everyone else? How did we achieve not just next year's $3.3 billion deficit but the decade of structural deficits before? Easy: It's because labor costs for years have been outstripping taxpayers' capacity. That in turn was caused by officials, elected in a union-dominated political environment, buying labor peace via benefits, where it's harder for voters to see the costs adding up.

If the Legislature takes the 5% and 12% and doesn't reform collective bargaining, the 5% and 12% soon will be won back by unions. Any further savings are out the window. Walker talks of moving to consumer-driven benefits, as many companies have done, to restrain medical costs. That's anathema to unions, who will resist it contract by contract. Without bargaining reform, government costs will have taken only a pause in their ascent.

Union activists in Madison Tuesday spoke apocalyptically of "class war," hinting wildly at general strikes and takeovers of the Capitol. They correctly see their control of the state slipping and must figure that if they bring 13,000 shouting people to Madison, they can overrule the election.

Any worried legislators should keep in mind that Walker drew about five times that many votes in Dane County alone in November.

Patrick McIlheran is a Journal Sentinel editorial columnist. E-mail pmcilheran@journalsentinel.com

Soul Crusher

  • Competitors
  • Getbig V
  • *****
  • Posts: 39782
  • Doesnt lie about lifting.
Re: Pensions and Benes for Unionized Public Employees are next bubble to pop.
« Reply #8 on: February 17, 2011, 12:38:02 PM »
Collective bargaining protesters, supporters clash at Statehouse
Vociferous throngs attend hearings on Senate Bill 5
Thursday, February 17, 2011  10:48 AM
Updated: Thursday, February 17, 2011 02:57 PM
By Jim Siegel

The Columbus Dispatch

 
JONATHAN QUILTER | DISPATCH
Supporters of Senate Bill 5 rallied today outside the Statehouse . . .
 
JONATHAN QUILTER | DISPATCH
. . . as the bill's opponents rallied inside.Well over 1,000 enthusiastic supporters and opponents of the Senate's proposed collective-bargaining overhaul enveloped the Statehouse this morning with cheers of "kill the bill" and "yes on 5," prior to the latest hearing on Senate Bill 5.

The spacious Statehouse atrium was packed mostly with public union workers outraged at efforts to end collective bargaining for state workers and significantly weaken the ability for local workers to bargain for their pay, benefits and working conditions.

Unions made a strong showing for the bill's first two hearings, and they were joined today by more than 200 red-shirt clad tea party activists pushing for the bill's passage. The mix verbally clashed in the Statehouse rotunda, where each side did its best to drown out the other.

Meanwhile, the atrium had the feel of a rock concert or an Ohio State football game, as union supporters cheered loudly when Senate sergeants-at-arms led their leaders across the balcony and into the hearing room.

Story continues belowAdvertisement More than 50 witnesses are scheduled to testify today. The first dozen or so will be supporters, and then opponents, including police, firefighters and Ohio Highway Patrol troopers' union leaders.

"This is a true test of democracy," said Sen. Kevin Bacon, chairman of the committee hearing the bill, during his opening comments.

The bill is not an attack on the middle class, public workers or jobs, Mike Wilson, head of the Cincinnati Tea Party, told a crowd gathered outside the Statehouse. "This bill is about math. Government has grown bigger than our taxpayers' ability to support it."

Rick Barry, a tea party member from Akron, said of public unions: "Their benefits are so much better than mine and their pay is so much better than mine, but they are still crying."

Wearing stickers that read "Taxpayer defender" and holding signs including those that read, "We're broke. Support SB 5," tea party activists said they wanted to show lawmakers that while they cannot compete with union numbers, there is support for changing collective-bargaining laws.

The group is transitioning from holding politicians accountable to showing support for their actions, said Tom Zawistowski, executive director of he Portage County Tea Party. "We want them to know that if they do it, we will work to keep them in office."

He added: "We don't have any more money. We have to make some hard decisions."

The Highway Patrol did not report any incidents during the morning, though some women standing in the atrium were heard saying they were moving out because things were getting heated.

Union leaders have characterized Senate Bill 5 as an attack on middle-class workers who need the ability to bargain in order to maintain a fair livelihood and uphold standards for safety and education. They also argue that Ohio's economic downturn, combined with tax cuts phased in over the past six years, are to blame for the state's troubling budget situation, not them.

Mark Sanders, president of the Ohio Association of Professional Firefighters, said a review of the law may be justified, and he does not object to attempts to make bargaining more transparent.

"It is our fear that his legislation will destroy 27 years of public safety labor peace," he said. "Collective bargaining has been the only means for firefighters to gain safety standards."

Jay McDonald, president of the Fraternal Order of Police of Ohio, stressed that police departments, including his own in Marion, have made concessions in recent days and years to help deal with declining budgets.

"Collective bargaining and our rights to binding arbitration are fundamental," he said. "We strongly believe the state made a covenant to police in 1983 when the right to strike was eliminated."

McDonald spoke of the work he and his family members have done as police officers, saying they earned their wages. He also questioned how a merit-based system could apply to police officers, who, in part, are "paid to run toward gunfire."

McDonald also couldn't pass up the chance to bring up the controversy over Gov. John Kasich's recent criticism of a Columbus police officer. "Occasionally we enforce a traffic law, and somebody might call a police officer an idiot."

Neither McDonald nor Sanders faced much tough questioning from the committee.

The committee also heard from Kristen Treadway, director of human resources for the city of Gahanna, who was critical of recent binding arbitration the city went through with one of its safety forces unions. She said "we have extreme concerns with the collective bargaining process."

Treadway talked of the struggle to get pay freezes and changes to health insurance as city tax revenue declined 13 percent from 2007 to 2009.

"The cost of bargaining and the cost of continual wage and benefit increases when the city is not growing are not sustainable," she said.

Jeff Berding, a Cincinnati councilman since 2005, urged lawmakers to "make this insanity stop."

He said Cincinnati's personnel costs are growing 18 percent annually. The city's contract with police gives officers an average of $87 an hour for working holidays and can let workers retire with six-figure sums for unused leave, totaling $93 million.

Over the years, Berding said, the collective bargaining law has tilted in favor of the unions. He said once more generous benefits or work conditions go into a contract, "they never come out."

"People are hurting and they are outraged to see these kinds of abuses of their hard-earned tax dollars," Berding said. He added, "I must share with you my disappointment to realize that the union leaders and their members prioritize pay and benefits above averting layoffs."

Sen. Tom Sawyer, D-Akron, told Berding that collective bargaining was implemented to avoid the numerous public worker strikes that were occurring, and it has worked. While things need refining, "clearly this is not a system that is as broken as the system that preceded it."

Addressing a prior witness who also referred to Cincinnati's union contracts, Sen. Eric Kearney, D-Cincinnati, noted that "you make it sound like it just happens miraculously. These things are bargained for. No one was forced to make these agreements."

jsiegel@dispatch.com


Soul Crusher

  • Competitors
  • Getbig V
  • *****
  • Posts: 39782
  • Doesnt lie about lifting.
Re: Pensions and Benes for Unionized Public Employees are next bubble to pop.
« Reply #9 on: February 17, 2011, 12:54:41 PM »
Tenn. panel votes to bust state teachers' unions
washington examiner ^ | 2/17/11 | David Freddoso




We're seeing more and more of this:

NASHVILLE — The Senate Education Committee voted along party lines Wednesday to abolish collective bargaining between teachers unions and school boards across the state.The vote was 6-3, with all Republicans on the panel voting for the bill and all Democrats against.Sponsor Sen. Jack Johnson said passage of the bill — SB113 — will remove "an albatross from around the neck of our school boards across the state" and remove a roadblock to education reform.

Labor unions are part of the free market. But their historical rationale is to protect workers from exploitation by unscrupulous employers that don't follow the law or eschew basic workplace safety standards.

Read more at the Washington Examiner: http://washingtonexaminer.com/blogs/beltway-confidential/2011/02/tenn-panel-votes-bust-state-teachers-unions?utm_source=Tweed&utm_medium=twitter#ixzz1EFcpra2D


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

Soul Crusher

  • Competitors
  • Getbig V
  • *****
  • Posts: 39782
  • Doesnt lie about lifting.
Re: Pensions and Benes for Unionized Public Employees are next bubble to pop.
« Reply #10 on: February 17, 2011, 01:09:55 PM »
Have teacher unions nuked the fridge? ( First NJ, now Wisconsin )
Hot Air ^ | February 17, 2011 10:12 am | Ed Morrissey





It started in New Jersey, where Chris Christie decided that the only way to real education reform was to challenge the powerful teachers union in the state, 200,000 members strong, and to do it loudly and boldly.   That effort has spread through several states, with the latest battleground erupting in Wisconsin, where teachers staged a wildcat strike with mainly unwitting students in their tow.  As Politico’s Jennifer Epstein reports, even Democrats have stopped defending tenure and other job protections demanded by teachers unions:

In Wisconsin, about 1,000 teachers called in sick Wednesday to protest Gov. Scott Walker’s attempt to strip their union bargaining rights.


In Washington, New Jersey Gov. Chris Christie recounted his battle with his state’s teachers unions Wednesday, calling their leaders “greedy” and “selfish.”

And in Nevada, Indiana and Florida, Republican governors are targeting teacher contracts and work rules to fix a system they say is broken. “The status quo has put us at the bottom of the heap,” Nevada Gov. Brian Sandoval told POLITICO.

The events point to a convergence that is remaking the politics of education. Teachers unions, historically one of the most powerful interest groups in American politics, are being besieged like never before – under attack from conservative GOP governors with a zeal for budget-cutting even while taking fire from some Democrats, including President Barack Obama, who has suggested he agrees that unions can be an impediment to better schools. … On both sides of the aisle, politicians are unhappy with how teachers are compensated, hired and fired, and are eager to introduce reforms.


Teachers unions dropped $40 million on the midterm election, which Democrats desperately needed — and which did them almost no good in the end anyway.  The public has grown angry over decades of accelerated spending and federal interference in education with little to show for all of the resources sunk into it.  The government protects education as a near-monopoly, where only the wealthy can have actual, real choice in how their children are educated.  Union control of education has led to mediocrity rather than excellence, and sclerosis where there should be innovation.

Their tactics have grown threadbare as well, Patrick McIlheran argues in the Milwaukee Journal-Sentinel.  In fact, if teachers had hoped to generate sympathy for their plight in Wisconsin, they should instead prepare for some significant backlash to their wildcat strike:

The public-sector union tantrums, meant to make lawmakers wobble, have an inadvertent message for the rest of us: Voters can vote all they want. We can elect a cheapskate governor and a Legislature to match. But come the moment, unions will have the last, loudest word.


They’ll have it if takes marches. They’ll have it if it takes what amounts to an illegal strike, with so many Madison teachers calling in sick Wednesday that the district closed schools. If it takes showing up for a we-know-where-your-family-is protest on Walker’s Wauwatosa lawn while he was at work, the unions are sure they can outshout any election result.

This is exactly why Walker is right to limit the unions’ power over government spending.

Furthermore, taking the kids out of classes to march with them underscores another significant concern of the public regarding education.  Most of the students marching with their teachers had no idea of the finer points of Governor Scott Walker’s proposal to bring teacher pension contributions in line with the private sector, a position the union called “slavery” just a couple of months before conceding the point.  Nor do they understand the budget gap that Walker faces, or the nuances of economic policy, tax burdens, and growth policies.  All they know is what their teachers told them — and that speaks to political indoctrination conducted in public schools by activist teachers, and the inability of parents and communities to weed out inappropriate politicking in classrooms.

Thirty years ago, the public saw teachers as underpaid and overworked professionals trying to prepare the next generation for leadership.  These days, the teachers unions are doing their best to present an image of arrogant entitlement combined with an inability to withstand scrutiny and accountability.  When that $40 million failed to rescue Democrats from their midterm debacle, it may well have been a nuke-the-fridge moment that brought a dawning realization of the political albatross that teachers unions have become.


Update: Kevin Binversie says the targeted schools in Wisconsin were not chosen by coincidence:

Beaver Dam and Watertown are direct shots at the Fitzgerald brothers — Jeff and Scott — who “just happen” to be the State Assembly Speaker and State Senate Majority Leader.

Meanwhile, Dodgeville, Richland, Sauk Prairie, and Mineral Point are in the 17th State Senate District; think that’s a message to State Senator Dale Schultz (R-Richland Center).

Can’t get any clearer that Racine United is a message to State Senator Van Wanggaard (R-Racine)

And, seriously, could they not hide Glendale / River Hills as a way to go after State Senator Alberta Darling (R-River Hills), co-chair of the Joint Finance Committee?

Kevin calls his list “interesting.”  I’d call it … instructional.


Soul Crusher

  • Competitors
  • Getbig V
  • *****
  • Posts: 39782
  • Doesnt lie about lifting.
Re: Pensions and Benes for Unionized Public Employees are next bubble to pop.
« Reply #11 on: February 17, 2011, 01:17:26 PM »
Collective bargaining protesters (Tea Party, supporters clash at (Ohio) Statehouse
The Columbus Dispatch ^ | February 17, 2011 | Jim Siegel



________________________ ________________________ ________________________ _____



.....The spacious Statehouse atrium was packed mostly with public union workers outraged at efforts to end collective bargaining for state workers and significantly weaken the ability for local workers to bargain for their pay, benefits and working conditions.

Unions made a strong showing for the bill's first two hearings, and they were joined today by more than 200 red-shirt clad tea party activists pushing for the bill's passage. The mix verbally clashed in the Statehouse rotunda, where each side did its best to drown out the other.

Meanwhile, the atrium had the feel of a rock concert or an Ohio State football game, as union supporters cheered loudly when Senate sergeants-at-arms led their leaders across the balcony and into the hearing room.

More than 50 witnesses are scheduled to testify today. The first dozen or so will be supporters, and then opponents, including police, firefighters and Ohio Highway Patrol troopers' union leaders.

"This is a true test of democracy," said Sen. Kevin Bacon, chairman of the committee hearing the bill, during his opening comments.

The bill is not an attack on the middle class, public workers or jobs, Mike Wilson, head of the Cincinnati Tea Party, told a crowd gathered outside the Statehouse. "This bill is about math. Government has grown bigger than our taxpayers' ability to support it."

Rick Barry, a tea party member from Akron, said of public unions: "Their benefits are so much better than mine and their pay is so much better than mine, but they are still crying."

Wearing stickers that read "Taxpayer defender" and holding signs including those that read, "We're broke. Support SB 5," tea party activists said they wanted to show lawmakers that while they cannot compete with union numbers, there is support for changing collective-bargaining laws.


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

Princess L

  • Getbig V
  • *****
  • Posts: 13095
  • I stop for turtles
Re: Pensions and Benes for Unionized Public Employees are next bubble to pop.
« Reply #12 on: February 17, 2011, 01:24:36 PM »
http://news.yahoo.com/s/ap/20110217/ap_on_re_us/us_wisconsin_budget_unions

Protests swell to 25,000 people at Wis. Capitol

For the moment, a group of Democratic senators have blocked the bill by refusing to attend a midday vote and leaving the Capitol. The sergeant at arms was looking for them.


Hours later, one of them told The Associated Press that the group had left Wisconsin.
Guess where they are?  They got on a bus, left and went to another state.
:

Soul Crusher

  • Competitors
  • Getbig V
  • *****
  • Posts: 39782
  • Doesnt lie about lifting.
Re: Pensions and Benes for Unionized Public Employees are next bubble to pop.
« Reply #13 on: February 17, 2011, 01:29:22 PM »
25,000? 


Damn - thats freaking huge.   

What part of "broke" do these people not get?   

Also - i work for myself, and believe, when i tally u what they people get in terms of job security, pensions, benes, and all that is breing asked is that they pay 7% - damn - thy need to STFU!   

Princess L

  • Getbig V
  • *****
  • Posts: 13095
  • I stop for turtles
Re: Pensions and Benes for Unionized Public Employees are next bubble to pop.
« Reply #14 on: February 18, 2011, 06:35:16 AM »
25,000?  


Damn - thats freaking huge.  

What part of "broke" do these people not get?  

Also - i work for myself, and believe, when i tally u what they people get in terms of job security, pensions, benes, and all that is breing asked is that they pay 7% - damn - thy need to STFU!  

7% ?  That must be a typo!  Here, it's 70% :o   The average salary and benefit package, including pension, etc. for a Milwaukee Public School teacher is $100,005!!!  Your damn right they don't get it!  They're whining because "they're going to take away our collective bargaining agreement" whine "we'll have to contribute 7% to our overly-inflated pension fund" whine  "we have to contribute to our health care plan (like everyone else)" whine.  "this is going to put a lot of us in bankruptcy"  boofvckinghoo  Welcome to the party pal!  >:(  They're saying "we'd be willing to negotiate, but you're taking that away from us" Right  ::)  That's why it took 15 months to negotiate your last contract!  We don't have 15 months!  We're in a $3.6 billiondollar deficit!  This proposal ensures no layoffs, no furloughs, etc., unlike the last reign.

Meanwhile, school districts across the state have been having to close because of all the teachers calling in sick.  BUT!  It's all in the name of the children  >:( >:( >:(
:

Soul Crusher

  • Competitors
  • Getbig V
  • *****
  • Posts: 39782
  • Doesnt lie about lifting.
Re: Pensions and Benes for Unionized Public Employees are next bubble to pop.
« Reply #15 on: February 18, 2011, 06:37:05 AM »
 ;)

Soul Crusher

  • Competitors
  • Getbig V
  • *****
  • Posts: 39782
  • Doesnt lie about lifting.
Re: Pensions and Benes for Unionized Public Employees are next bubble to pop.
« Reply #16 on: February 18, 2011, 08:40:57 AM »
Nampa police: Tom Luna threatened, vehicle vandalized




 Greg Kreller/IPT The pick-up truck belonging to Idaho Department of Education Superintendent Tom Luna was vandalized overnight outside his Nampa home. The superintendent and his family have been targets of threats as a reaction to Luna's education reform plan. Tuesday, Feb. 15, 2011
.
Posted: Tuesday, February 15, 2011 9:27 am | Updated: 12:52 pm, Tue Feb 15, 2011.

Nampa police: Tom Luna threatened, vehicle vandalized Idaho Press-Tribune staff newsroom@idahopress.com Idaho Press-Tribune | 10 comments

Share
NAMPA — Idaho Superintendent of Public Instruction Tom Luna's vehicle was vandalized overnight at his Nampa home and he and his family have received threats, he told police.

“Yes, he has made us aware of threats to him and family members and we are looking into those, and we are aware of those, and we are doing what we can to provide protection,” Nampa Police Deputy Chief Craig Kingsbury said.

On Saturday night, a man who identified himself as a teacher reportedly showed up at Luna's mother's home in Nampa in order to speak with her about the superintendent's contentious education reform plan. Luna happened to be at his mother's house at the time, Department of Education spokeswoman Melissa McGrath said.

“The man was very angry... the superintendent did feel threatened,” she said. The man eventually left after Luna spoke to him for several minutes. Luna told the man it was an inappropriate place and time, and later filed a police report, McGrath said.

Officers were dispatched to Luna's house at 4:36 a.m. Tuesday and found evidence that suggests his pickup truck was vandalized sometime during the nighttime hours. Two tires were flattened and the word “Luna” was spray painted in black on the passenger side of the vehicle and then crossed out.

“It's become clear that the rhetoric that has been out there in opposition to this plan has escalated. People's attitude and people's behavior over the weekend and this morning is unacceptable. We encourage people to discuss this plan and let their opinions be known, but in a civic way,” McGrath said.

Idaho Education Association President Sherri Wood condemned the actions, saying that although the association may not agree with Luna's plan, it does not condone vandalism or threats.

“Twice in the past week, the Idaho Education Association has urged members to act with civility and professionalism in their contacts with policymakers over Superintendent Tom Luna's proposed legislation,” Wood said.

Wood also called on Luna to reciprocate civil behavior.

“Yesterday, according to news reports, he accused the IEA of 'union thuggery' and of sending emails listing officials' home addresses and phone numbers,” Wood said Tuesday morning in a press release in response to the incidents. “The IEA has not sent any such e-mails. The IEA has been involved in contentious battles thorughout our nearly 120-year history. We do not resort to violence or harassment to solve problems.”

•The police investigation is continuing. Anyone with information regarding the vandalism is asked to call Nampa Police Dispatch at 465-2257 or Crimestoppers at 343-COPS (2677).

Soul Crusher

  • Competitors
  • Getbig V
  • *****
  • Posts: 39782
  • Doesnt lie about lifting.
Re: Pensions and Benes for Unionized Public Employees are next bubble to pop.
« Reply #17 on: February 18, 2011, 09:35:36 AM »
PROPOSED FIX [In Maine: $4.3 Billion Unfunded Promised Pensions Also Facing Taxpayers]
Maine State Treasurer Blog ^ | 2/18/2011 | Treasurer Bruce L. Poliquin



________________________ _________________-




During the past several weeks, I've received hundreds and hundreds of emails and phone calls regarding the $4.3 billion unfunded pension liability facing Maine taxpayers. This growing fiscal mess was created years ago by past governors and legislators negotiating with teacher and state employee union representatives. Retirement benefits were promised without setting aside enough money to pay for them. Then, in 2008, the stock and bond markets collapsed, eroding the pension plan investments and further widening the funding hole.

As per the Maine Constitution, taxpayers have until 2028 to pay-off this expanding pension debt.As per the Maine Constitution, taxpayers have until 2028 to pay-off this expanding pension debt. The increasing annual payments are crowding out funding for essential state services like education and road repair. The next fiscal year taxpayers owe $450 million in pension costs. As a comparison, state government will spend roughly $260 million to support the University and Community College Systems.

Last week Governor LePage released his proposed 2011-13 biennial budget. It includes a partial solution to this fiscal dilemma. The proposal does not cut the pension checks to retirees. It does not require massive layoffs of state workers. But, it does ask retirees to forego cost-of-living increases on their benefits for three years, and to accept a 2% cap thereafter. The plan also assumes that active employees contribute another 2% of salaries to their retirement. Lastly, it asks new hires and those not yet vested in the system to retire at age 65 instead of 62.


(Excerpt) Read more at maine.gov ...

Soul Crusher

  • Competitors
  • Getbig V
  • *****
  • Posts: 39782
  • Doesnt lie about lifting.
Re: Pensions and Benes for Unionized Public Employees are next bubble to pop.
« Reply #18 on: February 19, 2011, 06:51:58 PM »
New Haven To Take Legal Action Against Police Union
NBC Connecticut ^




New Haven Mayor John DeStefano says he will pursue legal action against the police union for the union's Thursday protest outside City Hall.

About 200 officers marched from Police Headquarters to City Hall to protest the mayor's decision to lay off 16 officers as part of a plan to deal with the city's budget crisis. The officers blocked Church Street and demanded to speak to DeStefano about his decision.

A spokesperson for the mayor says the city is aware that many of the officers who participated in the protest were on duty -- something that is not permitted.


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

Hereford

  • Getbig V
  • *****
  • Posts: 4028
Re: Pensions and Benes for Unionized Public Employees is killing this country.
« Reply #19 on: February 19, 2011, 10:02:04 PM »
What do "PUBLIC EMPLOYEE UNIONS" build?

Bump for an answer to this question.

George Whorewell

  • Getbig V
  • *****
  • Posts: 7365
  • TND
Re: Pensions and Benes for Unionized Public Employees is killing this country.
« Reply #20 on: February 19, 2011, 10:15:09 PM »
Bump for an answer to this question.

Debt, gridlock, mayhem and indirectly through their incompetence more prisons, debt collection agencies and embarassing monuments to the United States.

Soul Crusher

  • Competitors
  • Getbig V
  • *****
  • Posts: 39782
  • Doesnt lie about lifting.
Re: Pensions and Benes for Unionized Public Employees are next bubble to pop.
« Reply #21 on: February 20, 2011, 06:16:21 AM »
Public employees should not be able to collectively bargain in the first place.  Its created a lopsided situation to where the taxpayer is really hosed in this.

andreisdaman

  • Getbig V
  • *****
  • Posts: 16720
Re: Pensions and Benes for Unionized Public Employees are next bubble to pop.
« Reply #22 on: February 20, 2011, 06:35:35 AM »
Public employees should not be able to collectively bargain in the first place.  Its created a lopsided situation to where the taxpayer is really hosed in this.
almost all public employees in NYC should take an immediate 10% cut in salary....they should keep their pensions, but firemen and police should not be allowed to retire until they are at least 55 and should not calculate overtime into their pensions..this is whats bankrupting us

Soul Crusher

  • Competitors
  • Getbig V
  • *****
  • Posts: 39782
  • Doesnt lie about lifting.
Re: Pensions and Benes for Unionized Public Employees are next bubble to pop.
« Reply #23 on: February 20, 2011, 06:38:54 AM »
Most people don't realize that NY pensioners don't pay NYS income tax on their pensions, and can go out at 75 percent and pay no fed or state taxes if they go out on a disability.  Its a complete scam on the taxpayer.

240 is Back

  • Getbig V
  • *****
  • Posts: 102396
  • Complete website for only $300- www.300website.com
Re: Pensions and Benes for Unionized Public Employees are next bubble to pop.
« Reply #24 on: February 20, 2011, 11:27:42 AM »
it'll suck for one generation, if you take away the bullshit guarantees they were given by corrupt leaders with no economic responsibility.

But after that, when employees are paid what they are worth, with reasonable retirement packages, things might improve and states might NOT go broke.


I remember a superintendent here in FL found a way to get his retirement package, which was 170,000 a year, then work "in the interim" while they searched for his replacement, and he ended up getting DOUBLE paychecks for 3 or 4 years.  Then, he took a cushy college job of course, and keeps getting his 150k per year retirement pay.  AND he got two years salary "severance" package... in addition to his new larger salary.  

legal, but WOW.... definitely not something that made common sense economically, to give a person that kind of position to call those shots and work those loopholes.