For the first time, we have
a public employee pension system that contains the option of a defined contribution plan for some future non-union public employees.
«CSEA is offended by the recommendation on mandating public employees» share of health insurance coverage and the proposal to undermine the integrity of
the public employee pension system,» said CSEA President Danny Donohue.
The CSEA leader also rejected the proposal to consider creating a new tier for
the public employee pension system with lesser benefits for new enrollees.
There are a lot of misconceptions about New York's
public employee pension systems.
With everything «on the table» this year there will certainly be discussions about reforming Connecticut's
public employee pension system.
Oregon has the most expensive public employee health insurance on the West Coast and
its public employee pension system is grappling with a $ 22 billion unfunded liability.
California's
public employee pension systems have immense gaps — called «unfunded liabilities» — between what they have in assets and what they will need to meet their obligations to retirees.