Mitch Daniels Says Public Unions Should Be Abolished

[alan1]

Government employees are a good place to observe what the private sector would have if wages had kept pace with inflation and benefit packages were not becoming a distant memory.

Only a fool want's his wages to keep pace with inflation.
I make a point of making sure my salary increases more than inflation.

 

[Dick Tuck]

The mutual backscratching party between Government sector Unions and the Democrat Party is coming to an end. The taxpayers are onto the scam. Who will the Dems buy off next?

When government/public service becomes the least rewarding and insecure job there is, like working at the 7/11, republicans will finally get the dysfunctional government they think we have now.

They cab then bitch about school teachers.

 

[Dick Tuck]

When government/public service becomes the least rewarding and insecure job there is, like working at the 7/11, republicans will finally get the dysfunctional government they think we have now.

I worked at 7/11 while in college. It was secure and rewarding but not unionized.

So it wasn't your career choice?

 

[HUGGY]

When government/public service becomes the least rewarding and insecure job there is, like working at the 7/11, republicans will finally get the dysfunctional government they think we have now.

I worked at 7/11 while in college. It was secure and rewarding but not unionized.

So it wasn't your career choice?

SLURPEES!!! Ouch!...Brain FREEEZZZ!!!

 

[Lakhota]

The mutual backscratching party between Government sector Unions and the Democrat Party is coming to an end. The taxpayers are onto the scam. Who will the Dems buy off next?

When government/public service becomes the least rewarding and insecure job there is, like working at the 7/11, republicans will finally get the dysfunctional government they think we have now.

For those of us old enough to remember - that's EXACTLY how it used to be. A few decades ago, government finally realized that it had to compete with the private sector on wages and benefits in order to attract and retain better talent.

 

[alan1]

"Thorazine drip out?"


Just out stating the truth. Sorry for that. My daughter makes $34,000 a year teaching 2nd grade. She works in a public school. She is a bastard. I shall tell her that in your name. Dang her. Kill her firstborn right? You said it.

The fact that your daughter is the illegitimate offspring of you and some other person is not germane to the issue. bastard definition

 

[Wiseacre]

Who pays for public employees' pensions and health care benefits? Hint: the employees do.

Out of every dollar that funds Wisconsin's pension and health insurance plans for state workers, 100 cents comes from the state workers.

How can that be? Because the "contributions" consist of money that employees chose to take as deferred wages – as pensions when they retire – rather than take immediately in cash. The same is true with the health care plan. If this were not so a serious crime would be taking place, the gift of public funds rather than payment for services.

Thus, state workers are not being asked to simply "contribute more" to Wisconsin' s retirement system (or as the argument goes, "pay their fair share" of retirement costs as do employees in Wisconsin' s private sector who still have pensions and health insurance). They are being asked to accept a cut in their salaries so that the state of Wisconsin can use the money to fill the hole left by tax cuts and reduced audits of corporations in Wisconsin.

More: The Big Myth in Wisconsin Gov. Scott Walker's Union-Busting Crusade - Robert Schlesinger (usnews.com)

From the link below:

Before the 2011 Budget Repair Bill signed by Governor Scott Walker (R), most state employees in the WRS contributed only about 0.2 percent of their wages toward the pension plan.
.
.
Now that the reform bill has passed, most government employees must contribute 5.8 percent of their wages, resulting in a new taxpayer cost of 23.7 percent of wages.
It has been frequently reported that the new 5.8 percent employee contribution is “half” of pension costs, but 5.8 percent is half of the improper normal cost estimate that is unadjusted for a risk-free discount rate. In reality, most government employees in Wisconsin now pay about one-fifth of the cost of their retirements, not one-half.

Understanding Public Pension Costs and Retirement Funds for Public Sector Workers


Lakhota's post is very misleading. The employee's money they contribute to their pensions is expected to grow at an annual rate of 7.2% in Wisconsin. If it doesn't the taxpayers have to make up the difference.

 

[Desperado]

government works better without them," Indiana Gov. Mitch Daniels told "Fox News Sunday," when asked whether public-worker unions should even exist.

Government. companies everything works better without them. Unions have outlived their usefulness. If the union workers thought about it logically, even they would have have to admit that money spent on their union dues could be spent more wisely.

 

[Lakhota]

Who pays for public employees' pensions and health care benefits? Hint: the employees do.

Out of every dollar that funds Wisconsin's pension and health insurance plans for state workers, 100 cents comes from the state workers.

How can that be? Because the "contributions" consist of money that employees chose to take as deferred wages – as pensions when they retire – rather than take immediately in cash. The same is true with the health care plan. If this were not so a serious crime would be taking place, the gift of public funds rather than payment for services.

Thus, state workers are not being asked to simply "contribute more" to Wisconsin' s retirement system (or as the argument goes, "pay their fair share" of retirement costs as do employees in Wisconsin' s private sector who still have pensions and health insurance). They are being asked to accept a cut in their salaries so that the state of Wisconsin can use the money to fill the hole left by tax cuts and reduced audits of corporations in Wisconsin.

More: The Big Myth in Wisconsin Gov. Scott Walker's Union-Busting Crusade - Robert Schlesinger (usnews.com)

From the link below:

Before the 2011 Budget Repair Bill signed by Governor Scott Walker (R), most state employees in the WRS contributed only about 0.2 percent of their wages toward the pension plan.
.
.
Now that the reform bill has passed, most government employees must contribute 5.8 percent of their wages, resulting in a new taxpayer cost of 23.7 percent of wages.
It has been frequently reported that the new 5.8 percent employee contribution is “half” of pension costs, but 5.8 percent is half of the improper normal cost estimate that is unadjusted for a risk-free discount rate. In reality, most government employees in Wisconsin now pay about one-fifth of the cost of their retirements, not one-half.

Understanding Public Pension Costs and Retirement Funds for Public Sector Workers


Lakhota's post is very misleading. The employee's money they contribute to their pensions is expected to grow at an annual rate of 7.2% in Wisconsin. If it doesn't the taxpayers have to make up the difference.

That's funny. Well, if The Heritage Foundation said it - it must be true.

 

[Desperado]

Who pays for public employees' pensions and health care benefits? Hint: the employees do.

Wrong......
The tax payers are the ones on the hook for for public employees' pensions and health care benefits.

And the Tax Payers in Wisconsin finally said enough is enough.

 

[alan1]

When government/public service becomes the least rewarding and insecure job there is, like working at the 7/11, republicans will finally get the dysfunctional government they think we have now.

I worked at 7/11 while in college. It was secure and rewarding but not unionized.

So it wasn't your career choice?

Not in the long run.
Still, nothing wrong with working at a 7/11.

 

[alan1]

I worked at 7/11 while in college. It was secure and rewarding but not unionized.

So it wasn't your career choice?

SLURPEES!!! Ouch!...Brain FREEEZZZ!!!

Never date a gal that works at 7/11, you might catch slurpees.

 

[alan1]

Who pays for public employees' pensions and health care benefits? Hint: the employees do.

Out of every dollar that funds Wisconsin's pension and health insurance plans for state workers, 100 cents comes from the state workers.

How can that be? Because the "contributions" consist of money that employees chose to take as deferred wages – as pensions when they retire – rather than take immediately in cash. The same is true with the health care plan. If this were not so a serious crime would be taking place, the gift of public funds rather than payment for services.

Thus, state workers are not being asked to simply "contribute more" to Wisconsin' s retirement system (or as the argument goes, "pay their fair share" of retirement costs as do employees in Wisconsin' s private sector who still have pensions and health insurance). They are being asked to accept a cut in their salaries so that the state of Wisconsin can use the money to fill the hole left by tax cuts and reduced audits of corporations in Wisconsin.

More: The Big Myth in Wisconsin Gov. Scott Walker's Union-Busting Crusade - Robert Schlesinger (usnews.com)

Really?
Last I looked, the entirety of a government employees salary and benefits are paid out of tax dollars, so unless said government employee is taxed at 100%, he/she isn't paying for said benefits.

 

[Lakhota]

Who pays for public employees' pensions and health care benefits? Hint: the employees do.

Out of every dollar that funds Wisconsin's pension and health insurance plans for state workers, 100 cents comes from the state workers.

How can that be? Because the "contributions" consist of money that employees chose to take as deferred wages – as pensions when they retire – rather than take immediately in cash. The same is true with the health care plan. If this were not so a serious crime would be taking place, the gift of public funds rather than payment for services.

Thus, state workers are not being asked to simply "contribute more" to Wisconsin' s retirement system (or as the argument goes, "pay their fair share" of retirement costs as do employees in Wisconsin' s private sector who still have pensions and health insurance). They are being asked to accept a cut in their salaries so that the state of Wisconsin can use the money to fill the hole left by tax cuts and reduced audits of corporations in Wisconsin.

More: The Big Myth in Wisconsin Gov. Scott Walker's Union-Busting Crusade - Robert Schlesinger (usnews.com)

Really?
Last I looked, the entirety of a government employees salary and benefits are paid out of tax dollars, so unless said government employee is taxed at 100%, he/she isn't paying for said benefits.

Yes, it's called their pre-agreed compensation package for pre-agreed services rendered . After they earn it, it's no longer taxpayer money - it's theirs! Holy shit, public workers aren't slaves.

 

[Wiseacre]

Who pays for public employees' pensions and health care benefits? Hint: the employees do.



More: The Big Myth in Wisconsin Gov. Scott Walker's Union-Busting Crusade - Robert Schlesinger (usnews.com)

From the link below:

Before the 2011 Budget Repair Bill signed by Governor Scott Walker (R), most state employees in the WRS contributed only about 0.2 percent of their wages toward the pension plan.
.
.
Now that the reform bill has passed, most government employees must contribute 5.8 percent of their wages, resulting in a new taxpayer cost of 23.7 percent of wages.
It has been frequently reported that the new 5.8 percent employee contribution is “half” of pension costs, but 5.8 percent is half of the improper normal cost estimate that is unadjusted for a risk-free discount rate. In reality, most government employees in Wisconsin now pay about one-fifth of the cost of their retirements, not one-half.

Understanding Public Pension Costs and Retirement Funds for Public Sector Workers


Lakhota's post is very misleading. The employee's money they contribute to their pensions is expected to grow at an annual rate of 7.2% in Wisconsin. If it doesn't the taxpayers have to make up the difference.

That's funny. Well, if The Heritage Foundation said it - it must be true.

Well, then let's try some other sources:

" Pension contributions: The bill would require that employees of Wisconsin Retirement System (WRS) employers, and the City and County of Milwaukee contribute 50 percent of the annual pension payment. The payment amount for WRS employees is estimated to be 5.8 percent of salary in 2011. Currently, state, school district and municipal employees that are members of the WRS generally pay little or nothing toward their pensions. "

http://en.wikipedia.org/wiki/2011_Wisconsin_Act_1 0

--- I don't think the WI public employees are getting screwed too badly

" We'd like to cite one more survey, one by the Wisconsin Legislative Council which found that even among major public employee retirement systems, most required employee contributions of more than 5 percent. According to the Bureau of Labor Statistics, "for government workers with a required plan contribution, the average contribution is 6.3 percent of earnings." So Walker's proposal is in line with the norm for government workers. "

PolitiFact | George Will says Wisconsin governor's benefits proposal would still leave workers better off than those in private sector

--- In this one, at the end the writer is talking about the guy that wrote your article

" The Wisconsin Retirement System and deferred compensation are two completely separate things. Full-time state- and local-government employees are participants in the Wisconsin Retirement System, which uses taxpayer money to fund both the state (around 5 percent of salary) and employee (another 5 percent) contributions to their pensions.
On top of that, if they choose, state employees can participate in the deferred-comp plan, where they decide how much of their money to set aside, pre-tax, and a portion is matched by the state. That is in addition to their traditional pension contribution.
All this can be found in Chapter 40 of the Wisconsin State Statutes, which clearly demarcates each program in separate subchapters. Further, the Wisconsin Retirement System is explained in detail in this paper from the Wisconsin Legislative Fiscal Bureau.
This is what happens when national writers become instant experts in state-benefit issues — expect a correction post soon. Sadly, the toothpaste might already be out of the tube. "

Forbes’s Wisconsin Pension Myth - By Christian Schneider - The Corner - National Review Online

 

[Wiseacre]

Who pays for public employees' pensions and health care benefits? Hint: the employees do.



More: The Big Myth in Wisconsin Gov. Scott Walker's Union-Busting Crusade - Robert Schlesinger (usnews.com)

From the link below:

Before the 2011 Budget Repair Bill signed by Governor Scott Walker (R), most state employees in the WRS contributed only about 0.2 percent of their wages toward the pension plan.
.
.
Now that the reform bill has passed, most government employees must contribute 5.8 percent of their wages, resulting in a new taxpayer cost of 23.7 percent of wages.
It has been frequently reported that the new 5.8 percent employee contribution is “half” of pension costs, but 5.8 percent is half of the improper normal cost estimate that is unadjusted for a risk-free discount rate. In reality, most government employees in Wisconsin now pay about one-fifth of the cost of their retirements, not one-half.

Understanding Public Pension Costs and Retirement Funds for Public Sector Workers


Lakhota's post is very misleading. The employee's money they contribute to their pensions is expected to grow at an annual rate of 7.2% in Wisconsin. If it doesn't the taxpayers have to make up the difference.

That's funny. Well, if The Heritage Foundation said it - it must be true.

Well, then let's try some other sources:

" Pension contributions: The bill would require that employees of Wisconsin Retirement System (WRS) employers, and the City and County of Milwaukee contribute 50 percent of the annual pension payment. The payment amount for WRS employees is estimated to be 5.8 percent of salary in 2011. Currently, state, school district and municipal employees that are members of the WRS generally pay little or nothing toward their pensions. "

http://en.wikipedia.org/wiki/2011_Wisconsin_Act_1 0

--- I don't think the WI public employees are getting screwed too badly

" We'd like to cite one more survey, one by the Wisconsin Legislative Council which found that even among major public employee retirement systems, most required employee contributions of more than 5 percent. According to the Bureau of Labor Statistics, "for government workers with a required plan contribution, the average contribution is 6.3 percent of earnings." So Walker's proposal is in line with the norm for government workers. "

PolitiFact | George Will says Wisconsin governor's benefits proposal would still leave workers better off than those in private sector

--- In this one, at the end the writer is talking about the guy that wrote your article

" The Wisconsin Retirement System and deferred compensation are two completely separate things. Full-time state- and local-government employees are participants in the Wisconsin Retirement System, which uses taxpayer money to fund both the state (around 5 percent of salary) and employee (another 5 percent) contributions to their pensions.
On top of that, if they choose, state employees can participate in the deferred-comp plan, where they decide how much of their money to set aside, pre-tax, and a portion is matched by the state. That is in addition to their traditional pension contribution.
All this can be found in Chapter 40 of the Wisconsin State Statutes, which clearly demarcates each program in separate subchapters. Further, the Wisconsin Retirement System is explained in detail in this paper from the Wisconsin Legislative Fiscal Bureau.
This is what happens when national writers become instant experts in state-benefit issues — expect a correction post soon. Sadly, the toothpaste might already be out of the tube. "

Forbes’s Wisconsin Pension Myth - By Christian Schneider - The Corner - National Review Online

 

[alan1]

Who pays for public employees' pensions and health care benefits? Hint: the employees do.



More: The Big Myth in Wisconsin Gov. Scott Walker's Union-Busting Crusade - Robert Schlesinger (usnews.com)

Really?
Last I looked, the entirety of a government employees salary and benefits are paid out of tax dollars, so unless said government employee is taxed at 100%, he/she isn't paying for said benefits.

Yes, it's called their pre-agreed compensation package for pre-agreed services rendered . After they earn it, it's no longer taxpayer money - it's theirs! Holy shit, public workers aren't slaves.

Of course they are not slaves. Slavery doesn't exist in the USA. Why would you even mention that word?

 

[Lakhota]

Really?
Last I looked, the entirety of a government employees salary and benefits are paid out of tax dollars, so unless said government employee is taxed at 100%, he/she isn't paying for said benefits.

Yes, it's called their pre-agreed compensation package for pre-agreed services rendered . After they earn it, it's no longer taxpayer money - it's theirs! Holy shit, public workers aren't slaves.

Of course they are not slaves. Slavery doesn't exist in the USA. Why would you even mention that word?

Because you sound like everything a public worker has "belongs" to taxpayers even after they've earned it.

 

[MeBelle]

Who pays for public employees' pensions and health care benefits? Hint: the employees do.



More: The Big Myth in Wisconsin Gov. Scott Walker's Union-Busting Crusade - Robert Schlesinger (usnews.com)

Really?
Last I looked, the entirety of a government employees salary and benefits are paid out of tax dollars, so unless said government employee is taxed at 100%, he/she isn't paying for said benefits.

Yes, it's called their pre-agreed compensation package for pre-agreed services rendered . <snip>

If it's pre-agreed, why are they renegotiated every one to three years? Contracts only last so long.

 

[Lakhota]

Really?
Last I looked, the entirety of a government employees salary and benefits are paid out of tax dollars, so unless said government employee is taxed at 100%, he/she isn't paying for said benefits.

Yes, it's called their pre-agreed compensation package for pre-agreed services rendered . <snip>

If it's pre-agreed, why are they renegotiated every one to three years? Contracts only last so long.

I'm sorry, but that's just too stupid to even respond to.