Pension bill loophole enables more spiking !
Original post made by Anti-union on Aug 31, 2012
Daniel Borenstein had another of his pension articles on the front
page of this morning's Valley Times.
The loophole doesn't alter CalPERS, but does affect 20 counties with their own pension systems, such as ALAMEDA and ContraCosta who build up retirements by several hundred thousands with unused vacation and sick leaves.
Late Thursday, some lawmakers said they would work to correct the error. We'll see if they do.
on Aug 31, 2012 at 1:08 pm
sometimes i sleep in until about 9am! i enjoy a light breakfast, tea,
fresh fruit and yogurt. i make my own yogurt.
my garden is so beautiful right now...lots of veggies, i especially love the home grown lettuce.
oh...and when i read this blog and delighted that i played my cards rights so i can take care and enjoy life! HOORAY!
someday nobody will receive a pension...terrible
on Aug 31, 2012 at 1:14 pm
my advice for those of you that plan to stick it out for a pension, is that you ALWAYS GIVE YOUR EMPLOYER AT LEAST A 50% RETURN ON HIS/HER INVESTMENT!
on Aug 31, 2012 at 2:17 pm
How about looking out for your own retirement (after all, it is in your best interest) by opening a 401k or self directed investment /savings account and stop relying on someone else to save for your retirement? If you're expecting cradle to grave support, you need to seek out a (more) socialist type of environment to live in.