why not? they took it from retired taxpayers...
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 ...
https://www.ocregister.com/2009/05/15/200000-club-state-pensioners-who-collect-10-times-average/
If Dems went after airtime, they would be Republicans for a day.
That said, airtime is such an obvious abuse, it should be done away with, and the abusers denied the illicit benefit.
.
I support pensions being self paid. However that was not the system i worked under. I saved some extra money and bailed out my mother before she died.
My general point is when you are 71 and someone changes the game and you can’t work or adjust you’re up shit-hole creek.
The state has done nothing to change the system. I showed why it should be tiered because we all have different formulas. People who retired after me were given a huge bump by Davis. Now we may face a cut the same as them. The impact on the oldest and the lowest paid will be the hardest.
The 21 billion to illegals hangs heavy here. Even if I move my pension comes from California.
IIRC, there are MANY retired state workers drawing over $200k in pensions every year from an unfunded pension system.
That is what i responded to.
The article you posted said 24 people.
I’m probably in the minority here. I’ve been a Californian my entire life and I’m not part of the Calpers program, but I think California must meet their obligations to pensioners.
I meant the article i responded to, not that you posted it.
I know, the article was from 2009 so I’m sure the numbers are higher now. How much higher? I have no idea.
Have checked on the CHP pensions lately?
Yeah, I got that too. :-) No problem.
Speaking of self righteous...take the log out of your eye buddy.
Karma for their unions bankrupting the state over the years with generous pensions for surly public employees.
Hey! Workin' in da DMV all dem years having to deal with all dem uppity white folks was the pits.........
Face it buying votes is expensive. Even if they are from foreign invaders.
what a scumbag!
I certainly wouldn’t expect the recipients to accept it; apparently the recipients expect those losing their homes to foreclosures due to high taxes to accept their lot in life, though.
In the end, you can’t force productive people or companies to remain in CA because you need your pensions funded; anyone moving there (or to my state of NJ) at this point deserves what they get. That is why both states are filling with non-taxed foreigners; no pension revenue there, just more outstretched palms slapping yours away.
Just got a booklet from the Missouri Teachers Retirement System. They have chart showing the funding status of the 15 state teacher retirement systems that do not participate in Social Security. California’s Teacher retirement is listed as 63.7%. However, 7 of the remaining 15 fare worse: CO, KY, LA, CT, RI, MA, & IL. Illinois is by far the worst with only being able to fund 39.8% of its promised benefits.
Ruh to raggy
Years ago I read about the senior fire chiefs and such were retiring with FULL disability at a rate approaching 100%. For sure they are not the only ones to master gaming the system.
Had an a$$hole neighbor ex-LACo Sheriff deputy, sucking up full disability pension with a "back injury" although he had no trouble going waterskiing with his redneck LASO buddies all the time.
why not? they took it from retired taxpayers...
I outlined the solution as a tired system. No one is responding to that.
I pointed out 21 billion for services to illegals.
No one is losing their house due to taxes. The property taxes in Cal are the losers of our taxes and some of the lowest in the country.
Don’t blame a 71 year old with medical problems for business leaving when i pointed out the solution and the 21 billion available.
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