newjerseynewsroom.com

Friday
May 25th

all for the reforms...however current deals are current deals.

Somewhere in between on this issue. They seem sensible as I can see. No one can argue with those pension reforms (one pension per person, 60 year division, 1.5% contribution to healthcare, etc.) and expect a NJ voter to support. However, current deals are current deals. Your town should have been putting aside moneys for payouts over the years. If some employee in Middletown or wherever has sicktime you have to pay it. Try to a) add budget item for 'retirements' to accomodate for it, hoping they don't retire all at once - employee morale is a mgmt issue there. b) try to get employees to take part of it in time and part in money, and don't replace employee for a few months while they "use up the funds" - you are paying salary now so that 100K number is more bark than bite. yes current workers do pay to an extent for retireees by covering. c) remember that you will replace 100K cop with 37-50K paid officer and so will have savings that payout.

 

Add your comment

Your name:
Subject:
Comment:
**V 2.0**