EDITORIAL : TAXPAYER BE DAMNED; PUBLIC PENSIONS OUT OF WHACK WITH PRIVATE SECTOR.If Dr. Evil of Austin Austin. 1 City (1990 pop. 21,907), seat of Mower co., SE Minn., on the Cedar River, near the Iowa line; inc. 1868. The commercial and industrial center of a rich farm region, it is noted as home to the Hormel meatpacking company, whose Spam Town museum Powers fame wanted a simple plan to take over the world, all he would have to do is become administrator of pensions for government employees. And then watch out. The rest of the world would be held hostage hostage, person held by another as a guarantee that certain actions or promises will or will not be carried out. During periods of internal turmoil, insurgents often seize hostages; recent examples include seizures of Americans and other foreigners by militants in to the whims of Dr. Evil. Public employees could retire at younger and younger ages with full benefits while taxpayers worked long hours into their 70s and 80s to foot the bill. It's a great plot for a diabolical plan to bring down the world. And it's only half in jest for mere sport or diversion; not in truth and reality; not in earnest. See also: Jest . Beginning Jan. 1, thousands of California California (kăl'ĭfôr`nyə), most populous state in the United States, located in the Far West; bordered by Oregon (N), Nevada and, across the Colorado River, Arizona (E), Mexico (S), and the Pacific Ocean (W). public employees will be eligible to retire at age 55 and receive full benefits. Meanwhile, beginning next year, retirement age for private workers who have little to rely on but Social Security will start increasing from 65 to 67 at the sametime that payouts will decrease. The new rules, contained in Senate Bill 400, were signed into law in September by Gov. Gray Davis. The rules serve to illustrate the growing inequity of a public employees' pension system that bears little resemblance Resemblance may refer to:
In a few months, campaign season begins in earnest ear·nest 1 adj. 1. Marked by or showing deep sincerity or seriousness: an earnest gesture of goodwill. 2. Of an important or weighty nature; grave. See Synonyms at serious. , and voters would do well to remember the inequities and question candidates on their stances onlooking after public employee union members to the exclusion of everyone else. Public employee unions argue that the pension fund is largely being funded by a robust stock market, and to a certain extent, that's true. But it's also true that a greater percentage of city, county and state budgets are going to pay for employees and all their wonderful benefits,and less and less is going to pay for actual services, like paving roads, rebuilding sewers, building schools and other things that make community life better. Taxpayers still pick up the bill for salaries for government workers.And most hard-working taxpayers don't work for Fortune 500 companies and don't receive retirement benefits that are nearly as generous as those that city, county and state workers receive. It's time It's Time was a successful political campaign run by the Australian Labor Party (ALP) under Gough Whitlam at the 1972 election in Australia. Campaigning on the perceived need for change after 23 years of conservative (Liberal Party of Australia) government, Labor put forward a people start reminding lawmakers of that fact. |
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