Are government worker pension costs out of control in
California?
THIS WEEK’S WEB POLL:
Are government worker pension costs out of control in California?
Yes:11 No: 0
■ Yes, for city workers such as police and firefighters it is not just out of control, but egregious.. It is wrong to bankrupt a city through their plans, and they need to be flexible and more forward thinking about the effect of their current benefit package. What other employee group gets such a reward? Most employees have a shared retirement plan, not a total “give me.” Also, the other bankrupting practice is the idea that “sick time” is theirs, so they end up cashing that in before retiring. It is a system that is breaking the public’s back, but for some reason these employee groups truly believe that they are more special than the average citizen.
■ It sure seems like it for certain groups of employees. I also don’t understand why the taxpayers are left holding the bag when CALPERS underperforms.
■ In a word, yes. Again, government workers have a better deal than most of the taxpayers who fund their benefits. To get our budget under control, we must get pensions under control.
■ Yes. Simply put, pensions are unsustainable and must go the way of the dinosaurs!
■ It depends upon which government workers’ pensions one refers to, but in general, pensions costs are increasing faster than the public’s ability to pay.
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