Thursday, August 30, 2012
Gov. Jerry Brown caves on meaningful pension reform, but will it hurt the chances of the tax-the-rich Proposition 30 in the November election?
* ... PENSIONS: Keep your eye on Proposition 30 now that Gov. Jerry Brown has failed on his promise of passing meaningful state pension reform this year. Prop 30 imposes a temporary sales and income tax hike to raise money for education, but it was put on the ballot with the implied promise from Brown that it would be accompanied by real pension reform. That didn't happen, thanks in no small part to the powerful state employee unions. Instead, the "reform" package put forth fails to address escalating medical care costs (thousands of state workers have free medical care for life) and also fails to implement a more hybrid retirement plan including a reduced pension and a 401(k) type savings plan. So will voters approve additional taxes without meaningful pension reform and while the state barrels ahead with an unfunded high speed rail project? Assemblywoman Shannon Grove was among those who attacked the governor's plan, calling it a "watered down" version of his original, 12-point pension reform proposal. "The fact that it took two years for this meaningless ‘pension reform’ to be addressed gives further proof to my goal of changing this place to a part-time legislature, because absolutely nothing of real is accomplished by our current batch of ‘professional, full time’ politicians. They will adjourn Friday night and go home for two months to campaign, telling the taxpayers to vote for their Prop 30 to raise taxes and give the Legislature even more money to spend!” (photo courtesy of the Los Angeles Times)
* ... MAYA: Meanwhile, I was at the Maya Cinemas the other day and noticed the Kern Citizens for Sustainable Government has extended its pension awareness campaign to the theater screen. The organization is sponsoring an effective ad that poses the question: is it right to cut the number of days our children are in school to pay for unsustainable teacher pensions?
* ... COVENANT: An event to raise money for Covenant Community Services, the non profit that helps foster kids get on their feed, will be held at Imbibe Wine and Spirits on Thursday, October 18. I mistakenly reported it would be held at Covenant's North Chester office but instead will be held at Imbibe from 6 p.m. to 9 p.m. The cost is $25. Hats off to Imbibe owners David and Tami Dobbs who do so much for many needy organizations in town.
* ... IRISH: The college football season kicks off this weekend and the Fighting Irish of Notre Dame and their fans will be flying to Dublin, Ireland, to face Navy. And among the estimated 30,000 fans heading to Ireland are two local kids, both of them graduates of Garces Memorial High School. Brandon West is a junior at the university and Julia Berchtold is a senior. Brandon is a stunter on the Notre Dame cheer squad (he is one of the kids who hurls cheerleaders into the air) and Julia is with the band. I am always impressed with the number of local kids who head off to Notre Dame and yes, there is even a Bakersfield Notre Dame Club to cheer them on.
* ... BAD FORM: Over in Laurelglen, Lynne Budy has some advice for those who walk their dogs in the quiet neighborhood: please keep your dogs off the lawn. "I have spotted and caught one of the dog walkers in my neighborhood allowing his two female standard boxers defecate in my newly landscaped front yard. This has been going on since earlier this year. As I ran out of the opened front door and down the front walk, the man looked up, grinned at me, and responded, 'You have nice new grass.' I was so stunned, that I said nothing, but I did walk to the area next to the sidewalk to verify what I witnessed."
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4 comments:
Politics is the art of the possible. I, too, supported Gov. Brown's plan as is, but compromises were needed to get enough votes to approve it, and it got rid of spiking and forced all to pay half. Estimated savings $30 billion according to CalPers. Plus raising retirement ages to 67 (57 for cops).
Politics is the art of the possible. I, too, supported Gov. Brown's plan as is, but compromises were needed to get enough votes to approve it, and it got rid of spiking and forced all to pay half. Estimated savings $30 billion according to CalPers. Plus raising retirement ages to 67 (57 for cops).
That ad in the movie is a lie. Teachers pay and pay and pay for a pension that the Koch Brothers said is "comparable" to a private industry pension, not more generous. From Fix Pensions First: Teachers receive relatively modest pensions and contribute a sizable chunk of their earnings to fund their retirement benefits.
“My reaction was, as we try to attack problems in the pension system, I don’t think it’s going to be helpful to attack CalSTRS (the state teachers’ retirement system) by reducing the benefits package,” said former state Finance Director Mike Genest, one of the authors of the study. “When compared to other public pension systems, it is far less generous.”
The report sought to compare retirement benefits and other compensation of public workers in California with those received in the private sector and by federal government employees.
http://www.fixpensionsfirst.com/2011/05/pension-study-teachers-benefits-are-modest/
More convenient for Beene to tout the ad at the movie theater instead of finding out anything about the reality of teacher pensions. (Or pretty much anything else that doesn't involve copying and pasting...or repeating the nonsense from the Abernathy zombies.) Reading the Beene bio, it refers to being on on a Pulitzer-prize winning reporting team. How far he has fallen as a reporter. But ah, the life of the best-paid and laziest blogger in the world!
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