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Re: “City Charged with Union-Busting Efforts as Federal Suit is Filed

Same issue with the Pension system. Right now it's extremely well funded (much to the chagrin of certain Council politicos and A.C. "Republican in Sheeps Clothing" Wharton) EVEN THOUGH the City has FAILED to meet IT'S funding requirements over multiple years. The Pension proposal being circulated by the City at this time (employees with less than 10 years with the City) would force the City to pay MORE for employee retirement than the current system: Social Security and private investment firms won't allow the City to not pay at their own whim. Anyone with a little thought can see that if this new plan is implemented in a few short years the City will argue for FURTHER decreases in retirement contributions OR personnel cuts due to "increased costs for providing retirement benefits to current employees". All a sham. ALL OF IT!!!

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Posted by RCMabe on 07/12/2011 at 9:25 AM


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