“While the comment that these individuals paid into the funds is valid and those individuals deserve to see what they put into the system plus appropriate earning……. some blame must be directed at those who had a fiduciary responsibility to protect those funds. Who are those people and why have they not be charged? I guess the Union Bosses were asleep when that was happening or did they think they would just ‘go along to get along’? Yes, the legislators robbed the funds and now they seek to rob the municipal pensions to prop up the robbed pensions. As to the “underpaying careers ” ……That is not accurate when you compare 4-year degrees against other 4-year degree careers – you cannot just pick and choose those careers that pay more and ignore those that don’t. And look at the progression they and the unions put in place to make sure they are well paid. Once these individuals are in the system, they are protected WELL and practically can never be fired…….. even if they don’t produce. “
What are you talking about regarding no one can be fired. Most government jobs do have laws set in place. If you threaten someone, continually using drugs, stealing, things like that you can be fired
Let’s separate the facts from the opinions to get a true representation of what is going on. The pension fund has been robbed. FACT. The unions these teachers so faithfully pay are sadly not always protecting their best interests, they are a business, their business is negotiating etc – business has been very good and they want to keep it that way so they “look the other way” – its a broken system. OPINION. Civil servants are portrayed as the bad guy because ignorant people NEED to find an easy target for blame, it’s all they can understand and it pacifies their small minds. OPINION. Teachers are paid well and are protected by tenure. FANTASY. In the end the civil servants will get screwed. FACT. Let’s stick to the facts – all the rest just clouds the issues and provides an optimal hiding place for those who don’t want to FIX the problem.
What teacher has lost one penny from the pension system?
We don’t blame the unions we blame the politicians. The unions cannot take the money out of the pump. But the politicians can.