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re: Retired Oregon public university worker to receive largest pension in state: $913,000 a YE
Posted on 4/16/18 at 10:15 am to SeeeeK
Posted on 4/16/18 at 10:15 am to SeeeeK
quote:
This is why State workers should not be union.
the union greases the politicians, who vote in raises, and public, who is on the hook has no say.
See California,NY,Chicago, and a Liberal City near you, coming soon.
It's driving the state of Illinois off a goddamn financial cliff. And the effing politicians here had the pension increases built into the state constitution, so it's impossible to challenge it. And there are guaranteed cost of living increases independent of how the economy is doing. It's a disaster.
And they play the system to bilk it. Many employees will get a significant promotion or raise the year before they retire, so their pension benefit locks in at a higher rate. We have bus drivers retiring at 60.
This post was edited on 4/16/18 at 10:17 am
2
Posted on 4/16/18 at 10:34 am to Chucktown_Badger
quote:
It's driving the state of Illinois off a goddamn financial cliff. And the effing politicians here had the pension increases built into the state constitution, so it's impossible to challenge it. And there are guaranteed cost of living increases independent of how the economy is doing. It's a disaster.
And they play the system to bilk it. Many employees will get a significant promotion or raise the year before they retire, so their pension benefit locks in at a higher rate. We have bus drivers retiring at 60.
When it becomes more lucrative to be a public employee than a private employee, the capitalistic system has utterly failed.
Posted on 4/16/18 at 10:41 am to Chucktown_Badger
quote:
We have bus drivers retiring at 60.
This is what i have a problem with. These types of positions being able to retire off the taxpayers dollars. I mean why was this not brought up decades ago? my taxes go up so that i can pay for jobs that have no business being able to get a pension at 50 and 60.
This post was edited on 4/16/18 at 10:45 am
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