Slamming firemen taking another long Starbucks break, who need another peppermint latte when they found out that their kid’s tuition bill at UCLA will go up 25% to pay for UC pensions. A judge in Stockton said pension contracts can be broken in a bankruptcy. Health care and COLA’s aren’t part of the contract, so retirees in Stockton and Detroit lost both of those. UC is better at stealing money than CalPERS.

Well Ronald, you are absolutely correct!! 🙂

“Hell, 90% of the private sector have only offered 401-k’s for the last 40 fracken years for Christ sakes!!!

Horsecrap !!!

Hah !!!!

Pensions are earned.

Calculating the total compensation of equivalent public and private sector workers, either “many” or “most”, depending on which study you read, public sector workers earn less. This includes the cost of pensions and all health benefits.

It is deferred compensation.

In fact, average retirement ages for both public and private sector workers is about the same. 61 to 63, and both sectors are gradually increasing. Except for safety workers, of course.

Hah !!!

Whoa. Even out Bro.

I’ll call Carlos in Bolivia. He will invite you to our annual seminar and fising retreat in Pantagonia. You will gain fresh insights and ways to channel your anger and actions against these stinking globalists and slaver high tech imperialists.

Horsecrap. They were stolen through corruption and ‘pay to play’. There is no honest explanation why public trough feeders should get big pensions at age 55 when 90% of the private sector workers only get 401-k’s and SS at age 70 or older. Some are never able to retire. They work until they die. It’s a complete unfair, unbalanced and ripoff of the California taxpayers. And, no, you don’t fund them. That’s more horsecrap. The taxpayers fund 80% of your pension payments and in some cases it’s an even high percentage. You wouldn’t know the truth of somebody stuffed it into a paper sack and smacked you on top your head with it. 🙂

Pensions are earned. They are contracted and. Get over it.

Of course it hasn’t subsided, Mr. Poulos. Did you really expect it to? heh. They’ve turned the State into a brothel, sir. A house of ill repute! If they put the pension fiasco to a vote of the people and the people were given a choice to either keep the public pension system or to replace it with 401-k equivalents – the 401-k’s would get voted in by a 50% margin!!! hah. Hell, 90% of the private sector have only offered 401-k’s for the last 40 fracken years for Christ sakes!!! No pensions whatsoever. Who do these incompetent lazy government stragglers think they’re worth more than people in the private sector who take all the risks!!! Private sector people don’t have any job security. If they look crosseyed at the boss they’re given one hour to clean out their desks and get the hell out of the business! It’s nuts that the government slobs are treated like royalty. I feel like I’m living in a damn Mel Brook’s movie. Oh, it’s funny to watch the chaos from the outside. But when you’re living on the inside looking out – it’s complete terror and confusion! The entire nation has gone to hell! Even the media doesn’t protect us anymore from tyranny. Top notch investigative reporters used to be a dime a dozen. Today they are as rare as 2 headed porcupines!!! What the hell’s wrong with your industry, Mr. Poulos!!! You sold us out, man!!!