City UNION budget workshop needs YOU ! Around Town, posted by Analyze costs, a resident of the Another Pleasanton neighborhood neighborhood, on Jan 31, 2011 at 8:17 pm
Tomorrow, TUESDAY, Feb 1, 6:30 workshop in Council chambers.... needs YOU and your ideas. So far it looks like the biggest thing going is maybe getting some union employees to contribute a whopping 2% to their own retirements ! How insulting. But I must be careful or this will get pulled ! There is another thread going about the meeting with council....called pension liability, but PW has limited it to 'Registered" users only. So for the rest of us...here's your
reminder to participate ! General council meeting has been cancelled for this union cost workshop...starting at 6:30. See you there...otherwise, you can't complain later.
Posted by resident, a resident of the Downtown neighborhood, on Jan 31, 2011 at 8:42 pm
Wish I could make the meeting. Unfortunately, my employer cut my wages and dissolved my pension so I did not get the 40+% increase that city employees have had since 2002. I will be working in order to make half of what I made in 2002, the year that these employees were given their obscene contract.
2% at 65 with no raises for the foreseeable future sounds right to me. You know that this city council does not have the guts to actually do anything,this workshop is for show. They will eventually cave to the demands of the union and we will once again be heading toward higher taxes and fewer services.
Posted by Analyze costs, a resident of the Another Pleasanton neighborhood neighborhood, on Feb 1, 2011 at 10:20 am
Great article at www.contracostatimes.com, " Officials, residents to tackle pensions ".
The tenative is such a waste... retirement medical changes are for NEW HIRES, so changes won't be realized until those retire 30 YEARS from now. They still have NOT HEARD US ! We need fixes NOW ! City revenue is down. Come speak up or PAY . !
Posted by givemeabreak, a resident of the Downtown neighborhood, on Feb 1, 2011 at 11:52 am
Resident, you are a complete idiot. Did you really say "higher taxes and less services".....you live in Pleasanton, PLEASANTON...you live in a city that provides the highlest level of service in all aspects of the city, including parks, community events, police and fire services. If you want to pay higher taxes and receive less service, move to Livermore or Hayward or Castro Valley. You have been too spoiled for too long and now that your employer "cut your wages and dissolved your pension" you feel nobody else in this world should be entitled to more than you. It's people like you that make me sick (And I'm not even a public employee!!)
Posted by Arnold, a resident of the Another Pleasanton neighborhood neighborhood, on Feb 1, 2011 at 12:16 pm
"Depending on which accounting figures are used, the actuarial value -- which takes into account future income earning by the fund as well as those who will not collect pensions due to death -- or market value, what the fund is worth today, the city's liability for pensions for that group ranges from $46.7 million to $78.6 million."
Probabaly should include about 50% of the unfunded healthcare liability in these numbers. What is just as troubling about the unfunded liability is that the PCEA pension plan is only 52% funded, and that is a huge hole.
Posted by Analyze costs, a resident of the Another Pleasanton neighborhood neighborhood, on Feb 1, 2011 at 2:25 pm
Right, it is puzzling these union members think if they 'stand united'...big and tough together, refusing all sensible survival adjustments, they win. How greedy, cutting out your buddy you profess to love. Much more intelligent to make several small, sensible survival adjustments so you can ALL keep your jobs ...that sounds more like a united brotherhood...caring for ALL, ...rather than protecting the remaining, and most greedy mentalityof ALL or NOTHING....careful what you ask for....nothing is OK with me !
Posted by P, a resident of another community, on Feb 1, 2011 at 2:35 pm
Stacey, what I ment by cutting services was close the library for two days of the week, maybe the aquatic center during the winter months, the senior center one or two days a week. All other citites are doing things like this.
Posted by Stacey, a resident of the Amberwood/Wood Meadows neighborhood, on Feb 1, 2011 at 2:57 pm Stacey is a member (registered user) of PleasantonWeekly.com
I'm not sure I understand how that saves money. Does that have the same effect as furloughs? And what will this do when the pension obligations are expected to increase at a rate that exceeds the rate of increase in revenue?
Posted by two cents, a resident of the Another Pleasanton neighborhood neighborhood, on Feb 1, 2011 at 4:14 pm
P, so you want to fire librarians and people who work in the senior center and deny the taxpayers these services so the city can continue to pay the 8% employee contribution to the employees pension for life /retire at 55 schemes?
Posted by Lugnut, a resident of the Canyon Oaks neighborhood, on Feb 2, 2011 at 8:22 am
Hey Analyze Costs, have you talked directly to the "Union Members"? Have you heard directly from them what they have given up (concessions)? Have you asked any of them if they would pay their own retirement? Probably not, you are just shooting your mouth off without all the financial or historical facts. There was a time when the employees paid their full retirement cost share and then the city negotiated to pay it all because it was advantageous to them and saved a ton of money for the city. The city has done better than most citities over the years with astute financial planning. You have a golf course, nice parks sports fields, a 250 seat $10 million city paid arts theater and many other "excesses" that other cities envy. The disdain for city employees who are responsible for operating and maintaining the "community" that you live in just kills me. The misinformation being put out there by Kaye and her minions is atrocious. Get all the facts and just don't listen to some individual who thinks he "knows' it all. I know I don't know all of the facts but learned more last night. "Chop off her head" said the Queen...
Posted by Analyze costs, a resident of the Another Pleasanton neighborhood neighborhood, on Feb 2, 2011 at 10:36 am
Hey Lugnut, we must have been watching different meetings. First, I did not see any 'disdain' for employees. It was about their contracts, but it's that vicious female union 'negotiator' who always tries to make it about the 'employees'...like if you say anything about costs, she says the public doesn't appreciate them....which is not the case. She should have to identify herself when she speaks, it's probably you. Yes, Davis gave away the store, and most cities rewrote their contracts for all they could get. Davis got recalled, and there have been many, many contracts since then the should have reflected the not so great times.That's where we have been for awhile now. The previous contract should have been corrected, and definitely this one must reflect these times that everybody else is living in, and reflect the current deficits and unfunded liabilities. The growth is exponential every day the movie star contracts are allowed to continue, the 'ol daily compounding principle comes in to play. And, BTW, I know all the historical facts on the public union contracts, and I'm nobody's minion !