Thread Rating:
03-31-2018, 05:33 PM
I appreciate these comments. I am very close to several teachers in this area, and I have really heard some very negative things lately about this bill and how it was passed.
Two items that have really surprised me are the way this bill was passed (attaching it to a sewage bill) and that the employers are $14B in deficit of funding their retirement.
As I understand it, the teachers have NO authority in whether or not that want to participate in salary deferral contributions or the amount they contribute. It's called "automatic enrollment". The employer is bound to match that by a certain percentage. Not only has the government taken $14B (that's BILLION not million), they have also not done their contribution as bound by the contract.
If I understand these two items correctly, then I think it's wrong.
Two items that have really surprised me are the way this bill was passed (attaching it to a sewage bill) and that the employers are $14B in deficit of funding their retirement.
As I understand it, the teachers have NO authority in whether or not that want to participate in salary deferral contributions or the amount they contribute. It's called "automatic enrollment". The employer is bound to match that by a certain percentage. Not only has the government taken $14B (that's BILLION not million), they have also not done their contribution as bound by the contract.
If I understand these two items correctly, then I think it's wrong.
Messages In This Thread
Pension Reform - by RunItUpTheGut - 03-31-2018, 07:39 AM
Pension Reform - by Hoot Gibson - 03-31-2018, 12:28 PM
Pension Reform - by TheRealThing - 03-31-2018, 05:21 PM
Pension Reform - by Granny Bear - 03-31-2018, 05:33 PM
Pension Reform - by Bob Seger - 03-31-2018, 06:09 PM
Pension Reform - by Granny Bear - 03-31-2018, 06:44 PM
Pension Reform - by RunItUpTheGut - 03-31-2018, 07:51 PM
Pension Reform - by WideRight05 - 03-31-2018, 07:55 PM
Pension Reform - by plantmanky - 04-01-2018, 02:38 AM
Pension Reform - by TheRealThing - 04-01-2018, 03:35 AM
Pension Reform - by killbilly usmc - 04-10-2018, 11:47 PM
Pension Reform - by killbilly usmc - 04-10-2018, 11:59 PM
Pension Reform - by plantmanky - 04-11-2018, 02:09 AM
Pension Reform - by killbilly usmc - 04-11-2018, 09:26 AM
Pension Reform - by Motley - 04-11-2018, 05:11 PM
Pension Reform - by Bob Seger - 04-12-2018, 04:52 AM
Pension Reform - by Real Badman - 04-12-2018, 04:54 AM
Pension Reform - by Bob Seger - 04-12-2018, 05:03 AM
Pension Reform - by Motley - 04-12-2018, 05:19 AM
Pension Reform - by Real Badman - 04-12-2018, 06:47 AM
Pension Reform - by Bob Seger - 04-12-2018, 12:07 PM
Pension Reform - by Bob Seger - 04-12-2018, 12:10 PM
Pension Reform - by jetpilot - 04-12-2018, 12:50 PM
Pension Reform - by Real Badman - 04-12-2018, 02:49 PM
Pension Reform - by Real Badman - 04-12-2018, 02:50 PM
Pension Reform - by Bob Seger - 04-12-2018, 03:58 PM
Pension Reform - by TheRealThing - 04-13-2018, 02:15 PM
Pension Reform - by mr.fundamental - 04-16-2018, 06:06 PM
Pension Reform - by TheRealThing - 04-16-2018, 07:01 PM
Pension Reform - by Motley - 04-16-2018, 10:18 PM
Pension Reform - by mr.fundamental - 04-17-2018, 06:10 PM
Pension Reform - by TheRealThing - 04-17-2018, 09:10 PM
Pension Reform - by mr.fundamental - 04-17-2018, 09:29 PM
Pension Reform - by TheRealThing - 04-17-2018, 10:11 PM
Pension Reform - by mr.fundamental - 04-18-2018, 04:51 PM
Pension Reform - by Bob Seger - 04-18-2018, 07:43 PM
Pension Reform - by mr.fundamental - 04-18-2018, 07:47 PM
Pension Reform - by Bob Seger - 04-18-2018, 07:48 PM
Pension Reform - by mr.fundamental - 04-18-2018, 10:02 PM
Pension Reform - by TheRealThing - 04-19-2018, 01:28 AM
Pension Reform - by mr.fundamental - 04-19-2018, 03:21 PM
Pension Reform - by TheRealThing - 04-19-2018, 04:05 PM
Pension Reform - by Bob Seger - 04-19-2018, 04:23 PM
Pension Reform - by mr.fundamental - 04-19-2018, 04:32 PM
Pension Reform - by mr.fundamental - 04-19-2018, 05:25 PM
Pension Reform - by TheRealVille - 04-19-2018, 10:12 PM
Pension Reform - by TheRealThing - 04-20-2018, 02:54 AM
Pension Reform - by Real Badman - 04-20-2018, 06:09 AM
Pension Reform - by TheRealThing - 04-20-2018, 09:50 PM
Pension Reform - by Real Badman - 04-22-2018, 04:42 AM
Pension Reform - by TheRealThing - 04-22-2018, 05:12 AM
Pension Reform - by Real Badman - 04-22-2018, 07:30 AM
Pension Reform - by Hoot Gibson - 04-22-2018, 09:19 AM
Pension Reform - by Real Badman - 04-22-2018, 05:52 PM
Pension Reform - by Hoot Gibson - 04-22-2018, 06:21 PM
Pension Reform - by Real Badman - 04-22-2018, 07:08 PM
Pension Reform - by Hoot Gibson - 04-22-2018, 07:20 PM
Pension Reform - by Real Badman - 04-22-2018, 09:53 PM
Pension Reform - by TheRealThing - 04-22-2018, 10:43 PM
Pension Reform - by Hoot Gibson - 04-22-2018, 11:14 PM
Pension Reform - by Ballmom1 - 04-22-2018, 11:42 PM
Pension Reform - by TheRealThing - 04-23-2018, 02:43 AM
Pension Reform - by TheRealThing - 04-23-2018, 02:48 AM
Pension Reform - by Real Badman - 04-23-2018, 02:57 AM
Pension Reform - by Hoot Gibson - 04-23-2018, 03:58 AM
Pension Reform - by RunItUpTheGut - 04-23-2018, 04:40 AM
Pension Reform - by The Urban Sombrero - 04-23-2018, 08:54 PM
Pension Reform - by TheRealThing - 04-24-2018, 12:30 AM
Pension Reform - by Hoot Gibson - 04-24-2018, 01:34 AM
Pension Reform - by The Urban Sombrero - 04-24-2018, 02:28 AM
Pension Reform - by Hoot Gibson - 04-24-2018, 02:53 AM
Pension Reform - by mr.fundamental - 04-24-2018, 08:59 PM
Pension Reform - by TheRealThing - 04-25-2018, 12:32 AM
Pension Reform - by Hoot Gibson - 04-25-2018, 01:12 AM
Pension Reform - by Bob Seger - 04-25-2018, 01:16 AM
Pension Reform - by Hoot Gibson - 04-25-2018, 01:42 AM
Pension Reform - by TheRealThing - 04-25-2018, 02:50 AM
Pension Reform - by mr.fundamental - 04-25-2018, 07:19 PM
Pension Reform - by mr.fundamental - 04-25-2018, 07:25 PM
Pension Reform - by TheRealThing - 04-25-2018, 08:34 PM
Pension Reform - by Hoot Gibson - 04-26-2018, 01:09 PM
Pension Reform - by Bob Seger - 04-26-2018, 03:06 PM
Pension Reform - by TheRealThing - 04-26-2018, 05:15 PM
Pension Reform - by Granny Bear - 04-26-2018, 05:44 PM
Pension Reform - by Bob Seger - 04-26-2018, 06:34 PM
Pension Reform - by Granny Bear - 04-26-2018, 06:36 PM
Pension Reform - by plantmanky - 04-26-2018, 07:25 PM
Pension Reform - by The Urban Sombrero - 04-26-2018, 09:15 PM
Pension Reform - by Hoot Gibson - 04-26-2018, 11:21 PM
Pension Reform - by The Urban Sombrero - 04-27-2018, 12:36 AM
Pension Reform - by TheRealThing - 04-27-2018, 04:21 AM
Pension Reform - by Real Badman - 04-27-2018, 05:36 AM
Pension Reform - by Real Badman - 04-27-2018, 05:40 AM
Pension Reform - by Bob Seger - 04-27-2018, 06:19 AM
Pension Reform - by Real Badman - 04-27-2018, 03:02 PM
Pension Reform - by TheRealThing - 04-27-2018, 03:26 PM
Pension Reform - by The Urban Sombrero - 04-27-2018, 04:49 PM
Pension Reform - by Granny Bear - 04-27-2018, 05:07 PM
Pension Reform - by The Urban Sombrero - 04-27-2018, 05:26 PM
Pension Reform - by The Urban Sombrero - 04-27-2018, 05:32 PM
Pension Reform - by TheRealThing - 04-27-2018, 07:04 PM
Pension Reform - by Bob Seger - 04-27-2018, 08:40 PM
Pension Reform - by The Urban Sombrero - 04-27-2018, 09:08 PM
Pension Reform - by TheRealThing - 04-27-2018, 09:53 PM
Pension Reform - by The Urban Sombrero - 04-27-2018, 11:11 PM
Pension Reform - by TheRealThing - 04-28-2018, 12:29 AM
Pension Reform - by Real Badman - 04-28-2018, 01:54 AM
Pension Reform - by TheRealThing - 04-28-2018, 01:58 AM
Pension Reform - by Real Badman - 04-28-2018, 02:24 AM
Pension Reform - by TheRealThing - 04-28-2018, 04:34 AM
Pension Reform - by Real Badman - 04-28-2018, 06:59 AM
Pension Reform - by Hoot Gibson - 04-28-2018, 02:44 PM
Pension Reform - by Real Badman - 04-29-2018, 12:17 AM
Pension Reform - by Hoot Gibson - 04-29-2018, 12:48 AM
Pension Reform - by Bob Seger - 04-29-2018, 11:35 PM
Pension Reform - by plantmanky - 06-21-2018, 12:02 AM
Pension Reform - by plantmanky - 06-21-2018, 05:52 PM
Pension Reform - by TheRealThing - 06-21-2018, 06:44 PM
Users browsing this thread: 15 Guest(s)