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	<title>
	Comments on: Pensions May Be &#039;Touchable&#039;	</title>
	<atom:link href="https://calwatchdog.com/2011/02/11/pensions-may-be-touchable/feed/" rel="self" type="application/rss+xml" />
	<link>https://calwatchdog.com/2011/02/11/pensions-may-be-touchable/</link>
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	<item>
		<title>
		By: Squeaky		</title>
		<link>https://calwatchdog.com/2011/02/11/pensions-may-be-touchable/#comment-149190</link>

		<dc:creator><![CDATA[Squeaky]]></dc:creator>
		<pubDate>Fri, 26 Jul 2019 05:24:07 +0000</pubDate>
		<guid isPermaLink="false">http://www.calwatchdog.com/?p=13665#comment-149190</guid>

					<description><![CDATA[The current pension system certainly can be modified, reduced and possible taken away altogether.  The current system is nothing by a Ponzi scheme funded with public money and outlawed in every state.  Can a court of law enforce a Ponzi scheme?  That&#039;s the question.  A binding contract or promise cannot be predicated on an illegality.  Bernie Madoff was sent to prison for 150 years for using a Ponzi scheme as an investment vehicle.  The same rules apply to CalPERS.]]></description>
			<content:encoded><![CDATA[<p>The current pension system certainly can be modified, reduced and possible taken away altogether.  The current system is nothing by a Ponzi scheme funded with public money and outlawed in every state.  Can a court of law enforce a Ponzi scheme?  That&#8217;s the question.  A binding contract or promise cannot be predicated on an illegality.  Bernie Madoff was sent to prison for 150 years for using a Ponzi scheme as an investment vehicle.  The same rules apply to CalPERS.</p>
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		<title>
		By: Obama&#039;s Re-Election Mandate: Guess Whose Money He&#039;s Targeting Next? &#124; Iwantings&#124;Article, media, sports, TV, conversations &#38;more		</title>
		<link>https://calwatchdog.com/2011/02/11/pensions-may-be-touchable/#comment-143289</link>

		<dc:creator><![CDATA[Obama&#039;s Re-Election Mandate: Guess Whose Money He&#039;s Targeting Next? &#124; Iwantings&#124;Article, media, sports, TV, conversations &#38;more]]></dc:creator>
		<pubDate>Thu, 09 Aug 2018 12:19:15 +0000</pubDate>
		<guid isPermaLink="false">http://www.calwatchdog.com/?p=13665#comment-143289</guid>

					<description><![CDATA[[&#8230;] for them when they retired. This is not true; it is no longer just newly hired employees who need toworry about losing their pensions. One retired firefighter in Rhode Island had his pension cut by [&#8230;]]]></description>
			<content:encoded><![CDATA[<p>[&#8230;] for them when they retired. This is not true; it is no longer just newly hired employees who need toworry about losing their pensions. One retired firefighter in Rhode Island had his pension cut by [&#8230;]</p>
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		<title>
		By: Chuck Hagenmaier		</title>
		<link>https://calwatchdog.com/2011/02/11/pensions-may-be-touchable/#comment-3877</link>

		<dc:creator><![CDATA[Chuck Hagenmaier]]></dc:creator>
		<pubDate>Sat, 28 Jan 2012 03:56:56 +0000</pubDate>
		<guid isPermaLink="false">http://www.calwatchdog.com/?p=13665#comment-3877</guid>

					<description><![CDATA[I am one of those with a generous public agency pension. As a 2010 retiree I am particularly interested in the ability or non-ability of public agencies to change the current retirees pension -Basic, COLA, and Health benefits. Yes, I hope these benifits are not assialable. Not having had a career in labor law, I have no opinion on the ability to change benefits for current retirees, or past service benifits for current employees. But I do have an interest in the many fellow workers that I knew that are still working and a opinion about the effects of pension reform. You all need to be discussing how to implement these reforms if your goal is to improve government services to the public.  Winning in court wins a battle, not the war.

Current empolees will probably need to feel that a fair play approach has been taken if you want those employees to maintain or improve their job performance when pension reform for current future time served is modified to be less than their prior worked time benefit accrual. How that blending of past and future benefits is done to beat serve the public may be key to the long term net social benefit of pension reform. Having Tier 11 employees (Plan C) working next to someone with years of service under a system (Plan A) and a blended new benefit package (Plan B) for the next 20-30 years could wreck havoc on a public agency. I was a mid level manager for my last 7 years. I was okay.  I would have a hell of a time managing those same 18 guys with drastic reductions in their future pay and pension benefits.]]></description>
			<content:encoded><![CDATA[<p>I am one of those with a generous public agency pension. As a 2010 retiree I am particularly interested in the ability or non-ability of public agencies to change the current retirees pension -Basic, COLA, and Health benefits. Yes, I hope these benifits are not assialable. Not having had a career in labor law, I have no opinion on the ability to change benefits for current retirees, or past service benifits for current employees. But I do have an interest in the many fellow workers that I knew that are still working and a opinion about the effects of pension reform. You all need to be discussing how to implement these reforms if your goal is to improve government services to the public.  Winning in court wins a battle, not the war.</p>
<p>Current empolees will probably need to feel that a fair play approach has been taken if you want those employees to maintain or improve their job performance when pension reform for current future time served is modified to be less than their prior worked time benefit accrual. How that blending of past and future benefits is done to beat serve the public may be key to the long term net social benefit of pension reform. Having Tier 11 employees (Plan C) working next to someone with years of service under a system (Plan A) and a blended new benefit package (Plan B) for the next 20-30 years could wreck havoc on a public agency. I was a mid level manager for my last 7 years. I was okay.  I would have a hell of a time managing those same 18 guys with drastic reductions in their future pay and pension benefits.</p>
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		<title>
		By: Lynold		</title>
		<link>https://calwatchdog.com/2011/02/11/pensions-may-be-touchable/#comment-3876</link>

		<dc:creator><![CDATA[Lynold]]></dc:creator>
		<pubDate>Sat, 05 Mar 2011 06:15:54 +0000</pubDate>
		<guid isPermaLink="false">http://www.calwatchdog.com/?p=13665#comment-3876</guid>

					<description><![CDATA[I am going to make about $30,000 when I retire in 10 years
from state service with 27 years. Is that too friggin much?
Boy what a huge retirement! Shoot I can get a really good apartment
or I can move to Oklahoma and get a 3 bedroom home. Where
is the golden goose egg retirement everyone is talking about?
Quit bitching about state workers pensions and go after the real
criminals that we call our elected officials and the rich.
Loopholes, inside trading, buying off our politicians
and pitting the private sector middle class workers
against the civil service workers.]]></description>
			<content:encoded><![CDATA[<p>I am going to make about $30,000 when I retire in 10 years<br />
from state service with 27 years. Is that too friggin much?<br />
Boy what a huge retirement! Shoot I can get a really good apartment<br />
or I can move to Oklahoma and get a 3 bedroom home. Where<br />
is the golden goose egg retirement everyone is talking about?<br />
Quit bitching about state workers pensions and go after the real<br />
criminals that we call our elected officials and the rich.<br />
Loopholes, inside trading, buying off our politicians<br />
and pitting the private sector middle class workers<br />
against the civil service workers.</p>
]]></content:encoded>
		
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		<title>
		By: Fred Thompson		</title>
		<link>https://calwatchdog.com/2011/02/11/pensions-may-be-touchable/#comment-3875</link>

		<dc:creator><![CDATA[Fred Thompson]]></dc:creator>
		<pubDate>Thu, 24 Feb 2011 23:49:20 +0000</pubDate>
		<guid isPermaLink="false">http://www.calwatchdog.com/?p=13665#comment-3875</guid>

					<description><![CDATA[There will be Civil war that is for sure.]]></description>
			<content:encoded><![CDATA[<p>There will be Civil war that is for sure.</p>
]]></content:encoded>
		
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		<title>
		By: Rise and sing the school hymn: &#8220;ATTACK! ATTACK! ATTACK! ATTACK!&#8221; &#171; Temple of Mut		</title>
		<link>https://calwatchdog.com/2011/02/11/pensions-may-be-touchable/#comment-3874</link>

		<dc:creator><![CDATA[Rise and sing the school hymn: &#8220;ATTACK! ATTACK! ATTACK! ATTACK!&#8221; &#171; Temple of Mut]]></dc:creator>
		<pubDate>Thu, 17 Feb 2011 17:23:29 +0000</pubDate>
		<guid isPermaLink="false">http://www.calwatchdog.com/?p=13665#comment-3874</guid>

					<description><![CDATA[[...] PENSIONS MAY BE &#8220;TOUCHABLE&#8221;:  “I’m beginning to see a groundswell of discussion from legal experts who claim that government pensions aren’t as untouchable as labor would like us to believe,” Pinkerton wrote. “One California law firm in particular has been making some fairly bold statements about the ability to challenge public employee pensions.” [...]]]></description>
			<content:encoded><![CDATA[<p>[&#8230;] PENSIONS MAY BE &#8220;TOUCHABLE&#8221;:  “I’m beginning to see a groundswell of discussion from legal experts who claim that government pensions aren’t as untouchable as labor would like us to believe,” Pinkerton wrote. “One California law firm in particular has been making some fairly bold statements about the ability to challenge public employee pensions.” [&#8230;]</p>
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		<title>
		By: SkippingDog		</title>
		<link>https://calwatchdog.com/2011/02/11/pensions-may-be-touchable/#comment-3873</link>

		<dc:creator><![CDATA[SkippingDog]]></dc:creator>
		<pubDate>Tue, 15 Feb 2011 23:49:27 +0000</pubDate>
		<guid isPermaLink="false">http://www.calwatchdog.com/?p=13665#comment-3873</guid>

					<description><![CDATA[Perfect - we have a point on which we both fully agree, although I don&#039;t think our current President is in any way unique.]]></description>
			<content:encoded><![CDATA[<p>Perfect &#8211; we have a point on which we both fully agree, although I don&#8217;t think our current President is in any way unique.</p>
]]></content:encoded>
		
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		<item>
		<title>
		By: tough love		</title>
		<link>https://calwatchdog.com/2011/02/11/pensions-may-be-touchable/#comment-3872</link>

		<dc:creator><![CDATA[tough love]]></dc:creator>
		<pubDate>Tue, 15 Feb 2011 23:44:59 +0000</pubDate>
		<guid isPermaLink="false">http://www.calwatchdog.com/?p=13665#comment-3872</guid>

					<description><![CDATA[Skipping Dog,

The country would be VASTLY better off if elections were publicly funded and any politician who accepted one dime (or a job) before, during, (or say for 10 years after) leaving office were immediately executed (just kidding of course, but my point is clear).

It sickens me that a Congressman&#039;s vote influenced by a measly $1,000 contribution from a lobbyist could cost taxpayers $10 Million in benefits to the company/industry he represents.  Or how about the Bridge to Nowhere (Alaska) or all the purported &quot;reasons&quot; why American&#039;s cannot import cheaper Drugs from Canada (all nonsense), the decision clearly due to the money and influence of the Drug companies.

As to your last paragraph,  I can&#039;t think of a worse Supreme court decision than the recent one granting Corporations the right to make unlimited donations to those running for office.  What stops Exxon, Google, etc. from buying Congress or the White House ?

I equally think Union&#039;s (BOTH public and Private) influence to elect those where there is a quid-pro-quo to return the favor (Obama seems to fall in this category) is a great dis-service to the country.]]></description>
			<content:encoded><![CDATA[<p>Skipping Dog,</p>
<p>The country would be VASTLY better off if elections were publicly funded and any politician who accepted one dime (or a job) before, during, (or say for 10 years after) leaving office were immediately executed (just kidding of course, but my point is clear).</p>
<p>It sickens me that a Congressman&#8217;s vote influenced by a measly $1,000 contribution from a lobbyist could cost taxpayers $10 Million in benefits to the company/industry he represents.  Or how about the Bridge to Nowhere (Alaska) or all the purported &#8220;reasons&#8221; why American&#8217;s cannot import cheaper Drugs from Canada (all nonsense), the decision clearly due to the money and influence of the Drug companies.</p>
<p>As to your last paragraph,  I can&#8217;t think of a worse Supreme court decision than the recent one granting Corporations the right to make unlimited donations to those running for office.  What stops Exxon, Google, etc. from buying Congress or the White House ?</p>
<p>I equally think Union&#8217;s (BOTH public and Private) influence to elect those where there is a quid-pro-quo to return the favor (Obama seems to fall in this category) is a great dis-service to the country.</p>
]]></content:encoded>
		
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		<item>
		<title>
		By: SkippingDog		</title>
		<link>https://calwatchdog.com/2011/02/11/pensions-may-be-touchable/#comment-3871</link>

		<dc:creator><![CDATA[SkippingDog]]></dc:creator>
		<pubDate>Tue, 15 Feb 2011 23:21:44 +0000</pubDate>
		<guid isPermaLink="false">http://www.calwatchdog.com/?p=13665#comment-3871</guid>

					<description><![CDATA[TL -  Given your statement above:

&quot;To bad the Constitution’s drafters didn’t foresee the collusion between greedy Unions and corrupt, self-serving, vote-selling, contribution-soliciting elected officials.&quot;

Can we conclude that you are in favor of publicly funded elections at all levels of government?  Given the Citizen&#039;s United decision stating that campaign contributions are just another form of 1st Amendment speech, why would you want to deprive unions and public employees of the same rights exercised by various other business and financial interests in our country?]]></description>
			<content:encoded><![CDATA[<p>TL &#8211;  Given your statement above:</p>
<p>&#8220;To bad the Constitution’s drafters didn’t foresee the collusion between greedy Unions and corrupt, self-serving, vote-selling, contribution-soliciting elected officials.&#8221;</p>
<p>Can we conclude that you are in favor of publicly funded elections at all levels of government?  Given the Citizen&#8217;s United decision stating that campaign contributions are just another form of 1st Amendment speech, why would you want to deprive unions and public employees of the same rights exercised by various other business and financial interests in our country?</p>
]]></content:encoded>
		
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		<item>
		<title>
		By: SkippingDog		</title>
		<link>https://calwatchdog.com/2011/02/11/pensions-may-be-touchable/#comment-3870</link>

		<dc:creator><![CDATA[SkippingDog]]></dc:creator>
		<pubDate>Tue, 15 Feb 2011 22:18:08 +0000</pubDate>
		<guid isPermaLink="false">http://www.calwatchdog.com/?p=13665#comment-3870</guid>

					<description><![CDATA[TL - There&#039;s no doubt some validity in your concerns.  I think we&#039;ll see some changes everyone can live with, even if nobody likes all of them, once the rhetoric surrounding this issues cools down a bit.

Exchanges like ours give me hope.]]></description>
			<content:encoded><![CDATA[<p>TL &#8211; There&#8217;s no doubt some validity in your concerns.  I think we&#8217;ll see some changes everyone can live with, even if nobody likes all of them, once the rhetoric surrounding this issues cools down a bit.</p>
<p>Exchanges like ours give me hope.</p>
]]></content:encoded>
		
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