Pensions are a tough issue for elected representatives to address.
They aren’t sexy. And if you try to lessen their benefits you will surely draw down the wrath of state employee labor organizations that have plenty of money to make sure you aren’t going to win your next election.
But with such horribly frightening statistics as what appeared in the Youngstown Vindicator this weekend, whoever is the next Governor will need to take a serious stand against Big Labor.
Last year, about 1,100 State Teachers Retirement System members received on average $67,000 in pension pay while returning to work and earning $70,000 to $100,000 in their post-retirement jobs at school districts; about 32,000 state and local employees collected more than $1 billion in pension payouts last year in addition to the money they’re earning as double-dippers; the pension cost to local governments in the state is $4.1 billion a year, and the number will grow by $604 million to $768 million over the next five years.
Voters must be educated on how much of their money is being wasted in this drastically unfair system that is being abused by public employees.
Enough is enough.