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Old 11-13-2011, 01:18 PM
 
Location: Western, Colorado
1,599 posts, read 2,682,625 times
Reputation: 937

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Well, what is going to be the remedy to this? Increase property taxes to offset the golden parachutes of state employees?

Police, teacher pension costs ballooning across LI

Quote:
Long Island taxpayers will pay an estimated $2.9 billion over the next two years into the state's public pension systems, a 69 percent increase over the previous two-year period.
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Old 11-13-2011, 02:59 PM
 
Location: Inis Fada
16,685 posts, read 27,933,513 times
Reputation: 7177
"Take the money and run...."

How many of the recipients of these pensions will flee NYS leaving the rest of us to foot the bill?
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Old 11-13-2011, 03:20 PM
 
Location: Western, Colorado
1,599 posts, read 2,682,625 times
Reputation: 937
Quote:
Originally Posted by OhBeeHave View Post
"Take the money and run...."

How many of the recipients of these pensions will flee NYS leaving the rest of us to foot the bill?
They should make it a requirement to the pension agreement. You continue to collect it only as long as you live (i.e. suffer the excessive taxation) in NYS.
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Old 11-13-2011, 03:31 PM
 
Location: Inis Fada
16,685 posts, read 27,933,513 times
Reputation: 7177
Quote:
Originally Posted by motoracer51 View Post
They should make it a requirement to the pension agreement. You continue to collect it only as long as you live (i.e. suffer the excessive taxation) in NYS.
Either that or the recipient's benefit is reduced a certain percentage if they do relocate.
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Old 11-13-2011, 04:11 PM
 
Location: On a Long Island in NY
7,624 posts, read 8,127,983 times
Reputation: 6949
Quote:
Originally Posted by OhBeeHave View Post
Either that or the recipient's benefit is reduced a certain percentage if they do relocate.
I like those ideas. I say 30% reduction if you move off Long Island and a 60% reduction if you move outside the United States or a US territory.
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Old 11-13-2011, 07:16 PM
 
629 posts, read 1,408,605 times
Reputation: 642
Easy solution - a 50% tax on all of the pensions of these worthless public sector leaches.
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Old 11-13-2011, 10:52 PM
 
2,753 posts, read 3,019,141 times
Reputation: 2375
The people who educate your kids and protect you from crime are worthless leeches? I mean, yeah, we pay too much for their services, but don't fall into the habit of dehumanizing people.
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Old 11-13-2011, 10:56 PM
 
Location: Wallens Ridge
3,131 posts, read 4,120,748 times
Reputation: 17254
I don't understand the "LOL" in the heading
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Old 11-13-2011, 11:05 PM
 
Location: Massapequa Park
3,173 posts, read 5,674,938 times
Reputation: 1349
I hate to say it but we need a major financial crisis in the US to remedy this situation. We need hundreds of municipalities to file for bankruptcy...forcing the altering of state constitutions, increased contributions from pensioners into the pension system (and healthcare), eliminating overtime from pension calculations, switching all new employees to 401k type retirement plans.

DiNapoli's playing accounting games with the pension fund to hide the trouble we're really in...postponing the day of reckoning.
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Old 11-13-2011, 11:12 PM
GPC
 
1,197 posts, read 2,717,858 times
Reputation: 849
I'm so glad I moved away from this stupidity. I'm no longer killing myself to line the pockets of these people. Moving away was one of the best decisions I ever made in my life. I just wish it didn't make so much sense. It's so sad what happens when greed takes over...
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