S.F. incurs huge costs for public retirees : Governments begin to grapple with unfunded health care

San Francisco Chronicle ^ | July 5, 2007 | John Wildermuth, Robert Selna

[george76]

Just the beginning of this national unfunded mandate mess.

.

[null and void]

Grasshoppers. Ants.

[ThisLittleLightofMine]

They should just give them fair warning and whack retirement heathcare geez onbe is eligible for medicare at 65. It is their option to either stay working or pay their own healthcare. That’s real life. I say this as a wife of a government employee.

[wideawake]

"The $500,000 is a drop in the bucket to address the problem of our unfunded liability,'' said Phil Ginsburg, Newsom's chief of staff.

If the 4.9B liability were a gallon bucket, 500K would be a third of a milliliter.

[AU72]

I sense a tsunami building for a federal bailout.

[randog]

So I guess funding weenie replacements wasn’t such a good idea?

[Red Badger]

Note to liberals in SF (& elsewhere): The bills must be paid eventually by somebody................today is eventually....

[The Blitherer]

I sense a tsunami building for a federal bailout.

No kidding. Guess who get's to pay for this? It most certainly will NOT be the wack-jobs in San Fran.

[RexBeach]

What?

[Mad_Tom_Rackham]

Can't wait to see what happens when every taxpayer gets a bill for $2,000 to pay for lifetime 100% medical coverage for an army of bureaucrats who have retired at 90% of their last year's salary.

Tea. Party.

[The Blitherer]

Guess who get's to pay for this

What an odd place to put an apostrophe.

[george76]

Then who will bail us out ?

[null and void]

So I guess funding weenie replacements wasn’t such a good idea?

Replacements??? Additions and removals. But I quibble.

The city also pays homeless people $500/month to live there.

For some reason they can't quite figure out why they have a homeless problem...

[jim_trent]

They consider street repairs as “discretionary income”?

I have often thought that politicians are poor stewards of the public infastructure, always cutting maintenance first so they can still fund their more “public” programs (diversity, ribbon cutting, etc). This seems to confirm it.

[craig_eddy]

What do you think national health care is really all about? Like social security, it’s about using yet another Ponzi scheme to shift the burden away from people who should really be responsible for taking of themselves, and putting it on the “collective whole.”

It’s about keeping power by taking away your responsibility to be personally responsible. In exchange for being responsible for yourself, you have to be responsible to the power.

[AU72]

Then who will bail us out ?

The Senator Reid's undocumented Americans.

[DuncanWaring]

If the 4.9B liability were a gallon bucket, 500K would be a third of a milliliter

Alternatively, it's the equivalent of paying fifty cents on a debt of $4900.

[wideawake]

New York City is 10x the size of San Francisco, and has less than two-thirds San Francisco's unfunded pension liability.

On a person-for-person basis, each New Yorker is on the hook for $363 of unfunded pension liabilities, and each San Franciscan is on the hook for $6,533 - a factor of 18.

[domenad]

The sooner they go broke the better. I can’t wait until the chickens come home to roost for these socialist assholes and the taxes go confiscatory.

[keat]

So I guess funding weenie replacements wasn’t such a good idea?

LOL. At any given time in SF, there are probably as many people with peni who wished they didn't have them as there are those without who wish they did.

I propose a barter/transplant system that could save the city millions.