Will pension reform make leg deadline?

May 31, 2012

Katy Grimes: With the budget deadline looming, the Legislature is also facing a June 1 deadline for bills to be passed out of the house of which they originate.

In the Senate yesterday during floor debate over a bill to create a private sector pension program, Sen. Sam Blakeslee, R-San Luis Obispo, argued that  the state had no business creating a pension program for the private sector, when the state’s own pension programs were nearly bankrupt.

Sen. Pres. Pro Tem Darrell Steinberg, D-Sacramento argued that in addition to creating a private sector pension program, the Legislature would be passing pension reform. “By the end of session, we will deliver public pension reform,” Steinberg said.

But this means that a bill needs to be presented today or tomorrow.

But Blakeslee challenged back, and said that the Gov. Jerry Brown’s promised pension reform bill is already printed and waiting, but legislators have not been provided the bill’s language. Blakeslee indicated that the bill would undoubtedly be presented to legislators at the very last minute, right before taking a vote.

“We should vote on it today, and not wait until the last day to see what’s cooked up,” Blakeslee said.

In February, Republicans announced they were backing Brown’s pension reform proposals which would require public employees to pay more toward their retirement benefits, and would cut benefits for new hires.

As important as pension reform is in California, it is chilling to see that the same old legislative control games being played. The leaders of the two houses, Assembly Speaker John Perez, D-Los Angeles, and Steinberg, both have prior work experience with big labor unions and are tied at the hip to unions in California.

The fox is guarding the henhouse and real pension reform seems like a long shot. This is why the Legislature has been working so hard to prevent cities and counties from filing for municipal bankruptcy so easily.

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  1. Donkey
    Donkey 31 May, 2012, 09:19

    Sorry Katy, but the old proverb about the “fox guarding the henhouse” is through when considering anything taking place in Sactown. The truth is they have eaten all the hens and now with no way to produce any new hens they are feeding on anything that looks like it has any value at all.
    I actually know people like the RAGWUS feeding Stienberg, and so do you. These are the same type of folks that used their homes as ATM machines and then ended up with no home at all after the collapse.
    The RAGWUS feeders will not stop with their own self-enrichment unless the people stop them or until the collapse visits Sactown.

    These pensions have to be changed from the top down. My suggestions are these: Cut all pay to every RAGWUS worker by 30%, with no RAGWUS member recieving over $90,000 a year regardless of the job TITLE; Cut all benefits 50%, including sick days, vacation time, and with no personal days; absoluely no perks; Cut all pensions over $40,000 a year to no more than $50,000, no more $100,000 plus welfare for RAGWUS feeders, with no COLA’s or spiking allowed! 😉

    Reply this comment
  2. Beelzebub
    Beelzebub 31 May, 2012, 09:27

    More smoke ‘n mirrors.

    Private sector pension program??? HAH! 😀

    So the ship is sinking from pension fund overload for the public trough feeders and now they want to give one to the private sector to shut them up and make them go away???

    HAH!

    LEECHES….all of them.

    In America the way to quell dissent is to just pay off the complainers!!! Throw money at them and then tell them to shut up!!!

    That’s why the nation is in deep deep deep trouble. Instead of dealing the UNDERLYING PROBLEM they resort to BRIBERY!!! HAH! 😀

    And Blakeslee is no better than a dem. He is a wolf in sheep’s clothing. He was in favor of the big tax hikes back in 2009. Trust NOTHING what he says!!!

    Reply this comment
  3. Dyspeptic
    Dyspeptic 31 May, 2012, 10:28

    This mandatory “private” pension system scares me to death. It will be administered by the same left wing political hacks who have bankrupted the state. This is money taken right out of our paychecks which will most likely be squandered trying to save the government sector pension system. Before you know it the mandatory “contributions” will be increased and our take home pay commensurately decreased. The “trust fund” will be missapropriated by borrowing to cover general fund obligations (just like Federal Socialist Insecurity) and for politically correct investments in nonsense like green job creation for labor cartel workers.

    If the brain dead voters of Commiefornia put up with this brazen theft of their paychecks then they are even dumber and more gullible than I thought. Who in their right mind would let the Sacramento socialists do this to us?

    If the Retardpublicans in the legislature had any guts or brains they would take a page from the Demonrat legislators in states like Texas, Wisconsin and Indiana and abscond from the state to prevent a quorum. Instead they whine, whimper and mewl like useless crybabies. This must be stopped by any means neccesary! The Mussolini Treatment is too good for these Demonrat thieving bastards!

    Reply this comment
  4. Beelzebub
    Beelzebub 31 May, 2012, 10:32

    A perfect analogy here is that you’ve got a pension lifeboat with a safety capacity of holding 20 people. Currently there are 30 people on board. Instead of trying to figure out a way to reduce the number of lifeboat occupants to 20 – they are recommending an increase in the number of occupants to 45! HAH! 😀

    They are not just stupid and dishonest. THEY ARE EVIL!!!! 🙁

    Reply this comment
  5. CalWatchdog
    CalWatchdog Author 31 May, 2012, 10:33

    This private pension program should scare everyone. Everyone in the private sector already has access to many kinds of private retirement plans, as well as plans with low fees.

    I will write a story about this, but wanted to get a heads-up out there.

    I am in the Legislature all day today as they pass hundreds of bills – watch it on the California Channel, click on “live webcast” – but only if you can stomach it.

    Katy

    Reply this comment
  6. Dyspeptic
    Dyspeptic 31 May, 2012, 10:52

    Good work as usual Katy. Personally I can’t stomach the legislative process up close and personal. It’s actually far worse than sausage making, which at least results in a tasty product. You should get hazard pay for having to watch these legislative hooligans in action.

    Reply this comment
  7. Beelzebub
    Beelzebub 31 May, 2012, 11:09

    “I am in the Legislature all day today as they pass hundreds of bills – watch it on the California Channel, click on “live webcast” – but only if you can stomach it”

    I wouldn’t watch that crap if they paid me to do it.

    Given a choice I would rather watch customers coming and going through the front door at a bordello on live TV. It would be more entertaining, plus the operations in a bordello are much more honorable, virtuous, honest and upstanding than the acts performed on the floor in the State Capital. 😀

    Reply this comment
  8. queeg
    queeg 31 May, 2012, 11:12

    Government employees deserve a decent pension…attracts honest, productive, caring and educated workers.

    Do you want California run by Somali warlords and Middle East freedom fighters?

    Reply this comment
  9. Beelzebub
    Beelzebub 31 May, 2012, 11:48

    “Do you want California run by Somali warlords and Middle East freedom fighters?”

    Sounds like a threat of extortion to me.

    The private sector should be the ‘gold standard’. Whatever the private sector settles for should also be the order of the day in the public sector.

    As it stands today – the most incompetent and lazy workers are getting the highest pay and the best retirement benefits.

    The nation is being turned upsidedown with such policies – where leeches are rewarded and producers are punished.

    That is a system DESTINED TO FAIL.

    Only a leech would disagree with my assessment. 🙂

    Reply this comment
  10. queeg
    queeg 31 May, 2012, 13:19

    The gloom is unwarranted…a small adjustment in taxes will fund the pension deficit….end of issue…happy workers will continue to serve Californians.

    Reply this comment
  11. Beelzebub
    Beelzebub 31 May, 2012, 13:48

    “The gloom is unwarranted…a small adjustment in taxes will fund the pension deficit….end of issue…happy workers will continue to serve Californians”

    The momentum shows that by November the sentiment of the voter will against all new taxes. So there will be no “small adjustment”. That is wishful and silly thinking on your part.

    The fair and right thing to do would be to bring public sector workers down to the same pay and benefit scale as the private sector – which should be the ‘gold standard’. I know you don’t want to discuss ‘fairness’ since that is outside the realm of your consideration. So we will have to force “fairness” on you whether you like it or not.

    So prepare yourself.

    Reply this comment
  12. J. Poor
    J. Poor 31 May, 2012, 14:52

    The “state, or Fed, do not belong or should be concerned about the”Private” sector; Stay out of it; if you ran this country as a private company we MIGHT break even in the future. We are in DEEP doo-doo where we are now. Bust the unions! Get back to “..What can you do for your country.”
    Capitalism, Free enterprise, etc are not four letter words.
    Wake-up, tell our present Gov.- “Wake-up”
    This from a Vet, Proud American, & one who is sick and tired of where we are headed.

    Reply this comment
  13. Donkey
    Donkey 31 May, 2012, 15:28

    The “small adjustment” needs to come from the RAGWUS feeders that have taken advantage of the good private citizens of our once great state! 😉

    Reply this comment
  14. queeg
    queeg 31 May, 2012, 17:39

    The adjustment will pass, for Californians will pay for essential government services!

    Reply this comment
  15. Donkey
    Donkey 31 May, 2012, 19:38

    queeg, the private sector citizens are on to your RAGWUS lies. When we are done with you feeders you will wish you had had more control of your greedy whims. What you are looking at is cut after cut! 😉

    Reply this comment
  16. queeg
    queeg 1 June, 2012, 08:26

    Only cuts coming are paper cuts from greenbacks flying out of your wallets to help the kids!!!

    Reply this comment

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