COMMENTARY: Politicians put taxpayers at risk chasing gain for pension plans

By Frank Keegan | State Budget Solutions

Politicians are setting up taxpayers and government workers for an even bigger crash by forcing retirement funds into risky investments, chasing gains required to pay promised benefits. That means trillions of dollars in higher taxes to provide no services or millions of betrayed public workers who will not get pension checks.

Read More>>

15 NJ lawmakers collect state pensions plus public salaries

By Mark Lagerkvist | New Jersey Watchdog
TRENTON – A New Jersey Watchdog investigation found 15 current legislators — six senators and nine Assembly members — who receive state retirement checks in addition to their salaries, according to public records. The nine Democrats and six Republicans receive an average of $43,000 in pensions plus $49,000 a [...]

Read More>>

New Jersey statehouse’s biggest ‘triple-dipper’: Sen. Fred Madden pockets $241,000 a year in pay & pension

By Mark Lagerkvist | New Jersey Watchdog
TRENTON — For state Sen. Frederick Madden Jr., the path of public service also has been a road to personal wealth.

Read More>>

COMMENTARY: Chump state workers just keep feeding the pension thieves

By Frank Keegan | State Budget Solutions

Every year state politicians loot the pensions of more than 17 million public workers and retirees to "balance" budgets, yet those workers keep putting the looters back into office while fighting the few who try to head off this $4-trillion national economic catastrophe.

Read More>>

Is O’Malley’s Pension-Sharing Plan a Bad Idea?

By Thomas A. Firey | Maryland Reporter
ANNAPOLIS – In a recent editorial that was generally critical of Gov. Martin O’Malley’s FY 2013 budget plan, theWashington Post lauded one proposal: requiring local school systems to pick up half the cost of their teachers’ pensions and other retirement benefits. Calling the proposal “courageous,” WaPo explained:

Read More>>

Next Page »

Powered by e1evation llc