Posted on 06/14/2016 1:32:44 PM PDT by george76
A tentative labor contract for California’s state craft and maintenance workers hikes costs to taxpayers more than any deal bargained by the union in at least 11 years, according to a new report by the non-partisan Legislative Analyst’s Office.
The pact with International Union of Operating Engineers Bargaining Unit 12, adds a total $473 million over four years to the state’s pay and benefits costs, the analyst’s office estimates. The figure includes increased pension, health care and other costs for the roughly 11,000 employees in Bargaining Unit 12 from July 1, 2016 to July 1, 2019.
In sum, the analyst wrote, “this agreement would increase annual state costs more than any of the Unit 12 agreements ratified since at least 2005 (when the Government Code was changed to require our review of labor agreements).”
(Excerpt) Read more at sacbee.com ...
Just tax the millionaires even more. They won’t mind.
What’s the unions cut of that pie?
Just thinking out loud but California must have more that 473 millionaires and they could have a lottery to determine which could make a 1 time payment of a $1 million. If they started that lottery now, they could bank that money and make loads of interest from it to help offset the cost of the next union contract. of the states.
I wonder how much of the benefits is pension boosts... that aren’t really provided for in the present.
It’s all about the Workers’ Paradise, Comrade. Up with the Proletariat, Down with the Bourgeoisie.
That’s about an increase of $12 grand PER EMPLOYEE over 4 years. Where do I sign up?
What is that saying which deals with the results of largesse being voted from the public treasury?
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