These teachers supported Obamacare and now they want taxpayers to pay for more of the annual “platinum” health benefit premiums? Maybe the teachers should read today’s WSJ article looking at growth in middle-class families’ share of overall healthcare spending, which is growing larger, and squeezing households already feeling stretched financially. The article notes that by 2014, middle-income households’ healthcare spend was 25% higher than what they were spending before the recession, with these households cutting back sharply on more discretionary categories such as dining out and clothing. It adds that rising out-of-pocket costs combined with slow economic growth and years of tepid wage growth in the private sector pose risks for an economy in which consumer spending accounts for more than two-thirds of overall output. So why do the teachers expect that taxpayers in Ridgewood will just forever subsidizing more of their health benefits, which are already better than the deal in the private sector?
I wish we could replace all of them and start fresh. Plenty of new energy out there just waiting for a nice teaching job!
Lotta dead wood to clean out, 1004am. The only thing many of them do well is organize and protest $5 more out of their pocket for a Dr. visit. To the great teachers out there, the lame ones are bringing you down.
Time for these over paid people and there union to step into the twenty first century.
What does it mean when you say that Ridgewood teachers supported Obamacare?
They have expensive private insurance.
Perhaps the teachers noticed that the state of Illinois’s largest public pension reduced its forecast for how much it expects to earn from its investments each year, a step that will likely force the state to boost its annual contributions to the cash-strapped retirement plan.The Board of Trustees for the Illinois Teachers’ Retirement System, which serves almost 400,000 teachers, voted Friday to cut the assumed rate of return to 7 percent from 7.5 percent. The rate assumption is used to decide how much taxpayer money needs to be set aside each year to cover pension checks due..,
The sad truth is that our current teachers care more about their health benefits and annual wage increases than they do about educating our students. So much for the tradition of excellence which has been supplanted by s tradition of greed.
Put them all on Obamacare now. Make sure their pensions are replaced by 401Ks. While your at it put all of Government and Congress on Obamacare and 401Ks. What is wrong with this country? Unions and Lobbyists…there was a time and place for these. That time has long passed. This is a Simple fix, the current system is unsustainable. Question…how many retirees in just Ridgewwod NJ are we now paying for in this system? Teachers, COPs, Police Chiefs, firemen, etc.
3:45
That’s a question I would love to know the answer to.
3:45 – all federal employees hired since 1985 ARE on 401ks and pay a hefty part of their medical premiums. Just sayin’
Here’s the $100K list as of 2014… At least 12 on the Village of Ridgewood and BOE books back then not including the judiciary or d, but should be almost double that when you add in recent cop, FD, BOE and Village retirements https://watchdog.wpengine.netdna-cdn.com/wp-content/blogs.dir/1/files/2015/02/2014-100K-club-by-employer.pdf