Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
The August level of employment of 1,003,320 was up 0.6% from July and 0.8% from August 2018, according to the U.S. Bureau of Labor Statistics household survey released Friday. The number of people employed rose 3.6% from August 2014.
The pension cuts will be very challenging and may lead to more strikes.
Unfortunately there really aren't any options. The pension fund is severely underfunded and the teachers and cops voted against entering the Federal social security system.
Unfortunately there really aren't any options. The pension fund is severely underfunded and the teachers and cops voted against entering the Federal social security system.
I know teachers who already got letters saying their pension won´t be there, sorry our bad.
The pension cuts will be very challenging and may lead to more strikes.
The pensioners make out pretty well in this proposal considering there is no money in the pension fund (politicians spent every dollar of it). That leaves pensioners as unsecured creditors. Exempting those making less than 1200 per month should soften the cuts. I dont expect anyone to like this process but it is necessary
Wonder if government workers will get their Christmas Bonus?
Yes, Governor Vasquez 'traded' the pension cuts in return for keeping the Christmas bonus for government workers.
Personally I think the mandatory Christmas bonus should be abolished entirely in Puerto Rico. It's a job killer along with the mandatory overtime pay on weekends even if it's a regular scheduled workday. Puerto Rico's labor laws make even New York look like Texas in comparison and that's quite a feat
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
