fox cities news, appleton, wi
foxpolitics.netwhats really going on in the fox cities
fox cities newsfox cities news, appleton, wi


Blogroll
Selected News Sources:
Business Jrnl of Milw
Christian Science Monitor
Daily Caller
Drudge Report
La Crosse Tribune
Milw Journal Sentinel
National Journal
New York Times
Public Policy Forum
Real Clear Politics
Stateline
The Hill
TPM
Washington Examiner
Washington Post
Washington Times
WI State Journal
Selected Blogs - from the Right:
American Mind
Blaska's Blog
Boots & Sabers
Charlie Sykes
Dad29
Freedom Eden
Heritage Foundation
Jerry Bader Blog
Life Voice
Marketplace of Ideas
Marquette Warrior
Natl Review Online
No Runny Eggs
Patrick McIlheran
Real Debate Wisconson
RedState
Rhymes with Clown
Shark and Shepherd
The Lote Tree
Vox Populi
Wall Street Jrnl, Opinions
WI State Jrnl, Opinion
Wigderson Library & Pub
Wisconsin Family Voice
WPRI
Selected Blogs - from the Left:
Big Money Blog
Blogging Blue
Brenda Konkel
Caffeinated Politics
Capital Times
FightingBob
Folkbum's rambles
Griper Blade
Huffington Post
Lost Albatross
MAL Contends
Mid coast views
Moneyed Politicians
One Wisconsin Now
Open Left
Playground Politics
Political Environment
Rock Netroots
Talk to Tony
Uppity Wisconsin
Waxing America
fox cities news, appleton, wi fox cities news, appleton, wi
Today's Blog: Time for the Guv to morph into Chris Christie
My husband and I and a couple hundred friends watched in Green Bay as ...(more)

Blogs
  • Time for the Guv to morph into Chris Christie (6/28/2011)
  • Time for Gov. Walker to talk more about the cake (3/4/2011)
  • Today, reality hits home (3/1/2011)
  • FoxPolitics News going on hiatus (1/28/2011)
  • Brown County Executive candidate forum Feb. 8 (1/28/2011)
  • Education done right (1/27/2011)
  • To Obama, the ‘We’ is Government (1/27/2011)
  • (more)



    7/2/2009
    Does your legislator support pension reform in Wisconsin?

    Arnold Schwarzenegger’s in a real bind. And lo and behold, one of his tough love measures is to (gasp) look at public employee retirement benefits. Gosh, that sounded familiar….

    According to Tuesday’s Sacramento Bee, the plan would
    • Not affect existing state employees.
    • Extend retirement age from age 55 to age 60.
    • Base pensions for police and firefighters on the highest 3 years instead of the highest single year.
    • Provide lifetime health care benefits only for retirees who have worked 25 years.
    • Lower the state’s contribution for retiree health care benefits form 100% to about 85% of the premium.
    David Crane, a special adviser to Schwarzenegger on jobs and economic growth, estimated that the pension and health care proposals for future state employees could save taxpayers about $95 billion over the next 30 years.
    And after all that….
    "We'd still have one of the finest pension systems in the country," he added.
    Imagine that. Substitute Wisconsin in the news article and you’d have pretty much the same situation we have here. Not only are you struggling to fund your own retirement and 401(k), you’re paying nearly 100% of the retirement for state, local and school employees in Wisconsin. As I’ve said before in this space, it’s time public employees paid their fair share.

    Macy’s. Starbucks.

    Monday, USA Today summarized recent changes to employer matches in the private sector.

    Hundreds of private-sector companies have cut partially or completely their employer matching contributions to employee 401(k) accounts (averaging 3% of employee pay). Check it out.

    Similarly, hundreds have made “significant changes” to their defined benefit pension plans – which is the type of plan sponsored by the Wisconsin Retirement System for almost all public employees in the state.

    The timing is exactly right for legislation, introduced by Representative Mark Gottlieb (R – Port Washington), that would require employees in the Wisconsin Retirement System to shoulder a minimum portion of their retirement fund costs. Rep. Gottlieb (R – Port Washington) explains it well, calling on his fellow legislators to once again join him in legislation calling for public sector employees to pay a portion of their own match.
    Through collective bargaining, the five percent employee contribution to WRS has effectively been eliminated. Over 99 percent of all employee contributions are now made by employers on the behalf of their employees. In the current economic environment, and with almost no private sector workers enjoying employer funded, defined benefit pensions, it is simply unjustified for most employees to have no personal stake in the cost of their pension.

    The Wisconsin Retirement System is a well-managed system that provides excellent retirement income security to state and local employees. Restoring some cost-sharing is a small price for employees to pay for this outstanding benefit.

    LRB 2371/1 makes the first three percent of earnings that go into the employee share of WRS contributions a prohibited subject of bargaining under the Municipal Employment Relations Act. The effect of this change is to give municipalities, counties, and school districts the authority to require employees to pay a small part of the cost of their pension. If this bill is enacted, over 70 percent of the contributions to general employee pensions will still be made by employers.
    It’s time Wisconsin’s legislature and governor support this modest change. Has your state representative and state senator signed on to the Gottlieb legislation? (Al Ott has signed on. Representatives Bernard Schaber, Nelson, Zigmunt, Tauchen and Kaufert have not signed on as co-sponsors. Similarly, Senators Mike Ellis and Al Lasee have not signed on as co-sponsors.)

    Jo Egelhoff, FoxPolitics.net




    COMMENTS

    Jo:
    Thanks for the update and keep us informed as to who signs on. It seems that if there is not constant pressure with the state legislators that they tend to forget and assume the taxpayers have also. By keeping it out in front, you have provided a valuable service for us to get back to our legislators and ask them those questions.
    If they ignore us or don't give us an answer then we can change the faces in the upcoming election in 2010.
    On another subject, I will continue to ask our legislators on where they stand on the Strachota Bill which demands that the state use Generally Accepted Accounting Principles(GAAP) in the budget process.
    Three separate legislative sesssions have had siimilar bills but have elected not to bring them up. I asked Penny Bernard Schaber about that in a recent meet your legislators session and her answer is that they will take it up after the budget is finished.
    It will be interesting to see if they do to correct this for the next budget in 2011. Let's see if we can at least get this bill to be discussed on the floor.
    Mike

    fox cities news, appleton, wi
    Mike Thomas (Thu Jul 02 11:29:54 2009)

    Jo & Mike are, "Right On". Also recall that Rep Nelson not only wouldn't answer Jo's question, but was so obviously evasive, I'm sure, because he wouod never sign on.

    While Gov. S. in CA is on the right track, he does not go far enough. The really big $ savings are in the short term. When the fiscal mess is so great, and is driven largely by State Employee largess in the past, there is no reason to exmpt current Employees or existing Retirees. They need to play a role, and be part of the solution. If not, lowering costs will take 20-30 years to work through the system. GLS

    fox cities news, appleton, wi
    GL Schilling (Thu Jul 02 12:38:47 2009)

    Collective bargaining agreements are the means by which the State and state employees negotiate how their compensation will be received. The funds that go into retirement accounts are not State money, they are employee compensation. You can call for cutting public employee pay if you want, but don't pretend that the contributions to retirement accounts come from the Public Employee Fairy. These folks have earned the money.
    fox cities news, appleton, wi
    (Thu Jul 02 12:53:50 2009)




    fox cities news, appleton, wi

    sign up to receive fox politics news
    see todays issue


    Blog Archives
    2011
    June
    March
    January
    2010
    December
    November
    October
    September
    August
    July
    June
    May
    April
    March
    February
    January
    2009
    December
    November
    October
    September
    August
    July
    June
    May
    April
    March
    February
    January
    2008
    December
    November
    October
    September
    August
    July
    June
    May
    April
    March
    February
    January
    2007
    December
    November
    October
    September
    August
    July
    June
    May
    April
    March
    February
    January
    2006
    December
    November
    October
    September
    2000
    May

    Site Map | Privacy Policy   •   FoxPolitics ©2006 All Rights Reserved.   •   Site Updated 5/19/2013