Monday, June 21, 2010

Pension cowardice | Press-Enterprise Editorials | PE.com | Southern California News | News for Inland Southern California

Pension cowardice | Press-Enterprise Editorials | PE.com | Southern California News | News for Inland Southern California

The excellent article points out that the unions are in no mind for sensible reforms:
The reforms proposed in Hollingsworth's bill were hardly radical: SB 919 would have raised the state retirement age from 55 to 65 for most state workers, and from 50 to 57 for public safety employees. The bill would also have limited the size of pensions workers could accumulate, so that workers could not retire with benefits equal to as much as 90 percent of their working salary. And SB 919 would have curbed the practice of inflating final salaries to boost retirement payouts.


It is time we start talking about the morality issues related to the greedy unions. Isn't time their members take a closer look at what they are doing to the society, their children and all future generations?

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