Posted on 01/12/2018 6:04:54 PM PST by BackRoads775
Public employees in California may have their pension benefits slashed due to the rollback of a longstanding rule in the state, Gov. Jerry Brown revealed in a recent budget briefing.
The California governor revealed that he has a hunch legal proceedings could pave the way for cuts to public employees benefits.
There is more flexibility than there is currently assumed by those who discuss the California rule, Brown said during the briefing.
(Excerpt) Read more at westernjournal.com ...
“The California governor revealed that he has a hunch legal proceedings could pave the way for cuts to public employees benefits.”
Public employee unions aren’t going to like this. Could get interesting.
Parkinson disease, Ronstadt retired in 2013. Unable to sing. A lefty according to Wikipedia, but did play South Africa in the early 80s, refused to boycott the country. Didn’t like the Iraq war and George Bush, etc...lives in Tucson these days.
“-————as for her signing, I always liked it.
She’s deaf?
.
There’s a Freeper who keeps banging the drum how California is the 8th biggest economy and could easily fund a trillion in bonds to pay their share of the national debt if they secede. Meanwhile in Reality Land, the state is broke.
“What a shithole.”
Perfect!
“Democrats will find a way to blame the Republicans”
There aren’t any left. One Party State officially for two years, unofficially for many more than that.
California has the same situation as Greece, wherein public employees (State, Count, Municipal, School, College, Prison Guards, everything else) have enjoyed the redistribution of wealth to themselves from the taxpayers. I doubt the public will shed many tears, and tax themselves anew, if the flow goes the other way.
Linda Ronstadt suffers from Parkinson’s Disease, which forced her to end her singing career.
BS name a number and source.
I have no problem cutting them to $0;
And i have no problem moving into your house and you buying my food.
I’m glad that I have structured my life so that I never need to depend on payment from the government or an employer for my livelihood.
The pensions should be tiered. I’m 71 and can’t work as much due to heart attack and other illnesses. My heart attack was deemed to be job related.
There are retired employees drawing low pay who have been retired for 30 years under a lower formula and lower pension.
Then there are retired under Gay Davis big bump for cops and fire fighters which bounced the fund.
To do the same for all retirees will have serious disparate impact.
Lastly, there is no roll back or change with current employees. This needs to happen no matter what is done with retirees. Gov Brown mentions the next governor because he sat on his ass for years.
BTW Cali pays 21 billion a year in services to illegals.
Before:
After:
I am glad i wrestled 19 year old weight lifters and held off riots and murders for 28 years so you can be so f—king self-righteous.
If you look at Selena Gomez, it’s uncanny how much she looks like young Linda.
PBGC is a joke. It is hugely bankrupt.
Not sure what you’re saying there; how long can you ask young people to pay pensions to people who retired decades before they were even born? Our state is falling apart because more and more current revenues go to people who haven’t lifted a finger in decades. Today’s taxpayers don’t pay taxes to improve roads; they pay taxes for the guys who used to improve roads until they retired in 1990.
“I am glad i wrestled 19 year old weight lifters and held off riots and murders for 28 years so you can be so fking self-righteous.”
-
Good for you-——ignore the so-called “purists”,they like to hear themselves talk.
.
I don't think my post deserved that response. I'm sorry if your career choices have left you in a vulnerable financial position.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.