The Education Blob Gets Revenge
Working around the public education system can sometimes have terrible consequences.
Working around the public education system can sometimes have terrible consequences.
Fund's in "serious financial distress"
Police and firefighters chip in $50,000
Now that folks can't be forced to join, they're making their preferences known
Don't want taxpayers noticing just how much money is at stake
Would remain independent, but would have to pay dues to union
The Stockton example could encourage cities to view bankruptcy as something other than a last resort.
It's the entire public education monopoly.
Too much creativity in padding the membership rolls
Even modest changes are going to be a challenge, let alone shifting to a defined contribution plan
Guards who will soon experience brief furloughs want to know, "Why aren't the inmates suffering more?"
Union officials getting taxpayer-funded salaries doing union work (to extract more taxpayer money)
Chicago agreed to a $33 million settlement over other incidents of police misconduct just last month
Arbitration ended with city forced to rehire
Taxpayers wouldn't have to subsidize private activity
Accused of ruining a man's name during a business dispute
Trying to hit those optimistic return guarantees
Pension spiking bounces back and unions look for any excuse for an exemption
Huge gap in number between older workers and younger
The Golden State governor rewards public-sector workers while ignoring the state's tsunami of debt.
Has to request a unionized officer to do it instead
A pre-packaged bankruptcy that requires state involvement would be politically explosive.
Classes had nothing to do with job, but union contract makes no distinction
Incident in 2002 leads to firing in 2003. Ordered rehired in 2007 because department waited too long to fire him. Refired in 2008 and being rehired again in 2013
If state is willing to guarantee it will actually make its payments
Solutions a far cry from dealing with issues of sustainability
Former Los Angeles Mayor Richard Riordan has dropped his quest, on which he spent a reported $500,000, to gather signatures for a ballot initiative that would have replaced defined-benefit pensions for city employees with 401(k)-style defined-contribution plans.
Was trying to get effort invalidated
Sets up website explaining how state employee pension debts are squeezing out other spending