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CEO's and executives pay off the politicians and make the laws. Thats why . We can't go back to living on the farm and being "self sufficient" anymore in large numbers or begin a new "Great Expansion" out west. Unfortunately we want to survive, we have to work for these crooked people
We could annex a big chunk of Canada and make it into something.
So, your argument is that government employees shouldn't get any contribution whatsoever to a pension plan beyond Social Security? How about we cut out the SS contributions as well, and tell every government employee they are worthless pieces of dung? Shall we also tell them that they don't get paid for the work they do?
That's a really stupid and selfish attitude. By the same logic, you shouldn't buy anything from a private employer, since you are forced to pay for their employees pensions as well.
You're overeacting emotionally instead of thinking rationally.
I suggested that public contributions to government employees' pensions be voluntary instead of compulsive (via taxes), just like in the private sector.
When one voluntarily buys a product or service from a specific company, they voluntarily choose to contribute to that company's employees' pensions and/or retirement accounts if the company contributes to such. Sales = sales revenue = the revenue source from which the company pays into employees' pensions and/or retirement accounts.
Tax payers do not contribute to Municipal Utilities. But lto answer your question IT's close. I'll pull @ 3500 an month from SS, @4k from PERA and 2800 from my 457b and 401a.....We have property in SD so I won't pay taxes State taxes on any of that...a touch over 10 k a month depending how much Federal tax I can avoid....Reward for 35 yrs of service to small communities in Iowa and Minnesota....
Incorrect. Public utilities (private sector, example: Commonwealth Edison, owned by Exelon), no. Municipal utilities (government-owned, example: Department of Water Management - City of Chicago) , yes, taxpayers contribute to employees' pensions.
How much of that $48,000/year PERA pension did you fund yourself, and how much of it did taxpayers have to fund?
Incorrect. Public utilities (private sector, example: Commonwealth Edison, owned by Exelon), no. Municipal utilities (government-owned, example: Department of Water Management - City of Chicago) , yes, taxpayers contribute to employees' pensions.
How much of that $48,000/year PERA pension did you fund yourself, and how much of it did taxpayers have to fund?
It's already been explained that PERA pensions are funded by the employee and the employer in equal amounts, that it's a defined contribution plan, and the employer contributions stop when the employee leaves.
All that is ignoring the fact that whether a government entity contributes to a pension is irrelevant, other than the egregious issues in Illinois and California. Government agencies compete with the private sector for employees, and have to have total compensation that's comparable.
You would probably be really upset to learn that my cancer doctors at MD Anderson, part of the University of Texas, are government employees, and make $300k to $500k per year.
Municipal utilities generally are run as enterprise funds, and don't collect taxes, funding operations through utility sales. Austin Energy, the Austin, Texas municipal power company contributes $100 million to the City budget, and does not receive tax dollars.
It's already been explained that PERA pensions are funded by the employee and the employer in equal amounts, that it's a defined contribution plan, and the employer contributions stop when the employee leaves.
PERA, Public Employees. Meaning their employer is the government, funded by whom? The taxpayers. So taxpayers are funding 50% of each PERA pension. That shouldn't be happening.
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All that is ignoring the fact that whether a government entity contributes to a pension is irrelevant, other than the egregious issues in Illinois and California. Government agencies compete with the private sector for employees, and have to have total compensation that's comparable.
BS. It's already been explained that government employees earn more than private sector employees. Why do you think the taxpayers are so ticked off at having to pay 50% of each public employee's pension?
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You would probably be really upset to learn that my cancer doctors at MD Anderson, part of the University of Texas, are government employees, and make $300k to $500k per year.
That's true of nearly every state university. And they'll get obscenely huge pensions, funded by the taxpayers.
Here's a list of how that plays out in Illinois. Pay particular attention to the amount each retiree funded their pension. The percentages are almost all in the single digits.
Municipal utilities generally are run as enterprise funds, and don't collect taxes, funding operations through utility sales. Austin Energy, the Austin, Texas municipal power company contributes $100 million to the City budget, and does not receive tax dollars.
Not all are like that, especially in cities with greedy public employees, with their hands always in the taxpayers' pockets, always wanting more and more and more.
PERA, Public Employees. Meaning their employer is the government, funded by whom? The taxpayers. So taxpayers are funding 50% of each PERA pension. That shouldn't be happening.
BS. It's already been explained that government employees earn more than private sector employees. Why do you think the taxpayers are so ticked off at having to pay 50% of each public employee's pension?
That's true of nearly every state university. And they'll get obscenely huge pensions, funded by the taxpayers.
Here's a list of how that plays out in Illinois. Pay particular attention to the amount each retiree funded their pension. The percentages are almost all in the single digits.
Not all are like that, especially in cities with greedy public employees, with their hands always in the taxpayers' pockets, always wanting more and more and more.
I'm a taxpayer, and am not ticked off at all about paying for pensions for government employees. I wouldn't take a job without pension benefits, why should I expect a public employee to do anything differently. You just hate public employees for some bizarre reason not rooted in any sort of rational reality.
I'm a taxpayer, and am not ticked off at all about paying for pensions for government employees. I wouldn't take a job without pension benefits, why should I expect a public employee to do anything differently. You just hate public employees for some bizarre reason not rooted in any sort of rational reality.
They're overpaid to begin with, and on top of that taxpayers are forced to fund their pensions. That shouldn't be happening.
Public contributions to government employees' pensions should be voluntary instead of compulsive (via taxes), just like in the private sector.
When one voluntarily buys a product or service from a specific private sector company, they voluntarily choose to contribute to that company's employees' pensions and/or retirement accounts if the company contributes to such. Sales = sales revenue = the revenue source from which the company pays into employees' pensions and/or retirement accounts.
They're overpaid to begin with, and on top of that taxpayers are forced to fund their pensions. That shouldn't be happening.
Public contributions to government employees' pensions should be voluntary instead of compulsive (via taxes), just like in the private sector.
When one voluntarily buys a product or service from a specific private sector company, they voluntarily choose to contribute to that company's employees' pensions and/or retirement accounts if the company contributes to such. Sales = sales revenue = the revenue source from which the company pays into employees' pensions and/or retirement accounts.
No, most of them are not in any way, shape, or form, overpaid. Many of them make less than $70k per year. You aren't making any sense at all with your "voluntary" contributions. You still haven't explained why you hate government employees. Maybe you should tell the firemen saving your house they don't deserve their pension. Or the teachers teaching your children.
Let's shaft the government employees while we give $32B in foreign aid (that we know of) to countries who can't even account for all the tax dollars given..
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instead of thinking rationally. 
