Now We Have Public Officials in California Trying To Hide Public Employee Pension Data! – No Wonder, When The People of California Find Out What These Buffoons Have Been Up To They Will Really Be Pissed! – No, Public Employee Pensions Will Never Need Money From the California General Fund……Well, That’s Another BIG LIE! – The Real Question: Are These Idiots Trying to Destroy the State and Country OR Are They Just Incredibly Incompetent! – Uhhhh.. BOTH Would be the Answer to That Question!
Not only is their a Massive Public Pension Problem in the State of California that will overwhelm the state if massive reforms to the system are not made soon, but these Bastards that are supposed to be working for the People of the Golden Broken State are working hard to hide the full extent of future pension obligations!
Get a look at this outrageous story:
Counties try – and fail – to keep pension payouts secret
“To conceal the fearsome prospective impact of California’s pension bomb from the taxpayers, bureaucrats sometimes play hide the ball.
When they do, it’s up to open-government advocates to drag them into court and make them do the right thing.
That was the dynamic recently in Sacramento Superior Court, where the California First Amendment Coalition and the Sacramento Bee won an order forcing the local county pension board to reveal the names and payouts of local public pensioners – including those cashing out at upwards of $100,000 per year in taxpayers’ funds.
It was the fourth time in the past year that a California pension board spent public funds on lawyers in an attempt to conceal pension information from the taxpayers who are footing the soaring bill.”
Thank Goodness there are at least a few judges left in the State of California that are willing to follow the law! But no, these Bastards that are supposed to be working for the People are going to keep trying to keep Pension Data for PUBLIC PENSIONS Private! That is OUTRAGEOUS!
“But the litigation may continue: The Bee quoted the CEO of the Sacramento retirement system as saying he wanted to appeal. And in a filing in the lawsuit, a lawyer for the pension system said he knew of 10 other California counties, Orange among them, that were balking at revealing information about pension payouts to their retired public employees. (California Public Employees’ Retirement System makes the information public about state pensioners.)
The dispute is playing out in an atmosphere of fiscal urgency. In the past 10 years, the state’s annual contribution to pensions has increased from $145 million to $3.5 billion per year. The unfunded liability on California state pensions is half a trillion dollars, according to one study. And policymakers fear that without reform, future lawmakers will be forced to gut basic state services simply to pay the retirement benefits of past employees.”
Did you catch that? “In the past 10 years, the state’s annual contribution to pensions has increased from $145 million to $3.5 billion per year!” And guess what? In the year 2000 the Buffoons in Sacramento and the Idiots running the Public Pension Programs in California promised and claimed that the State of California would NEVER HAVE TO CONTRIBUTE ANYTHNING from the state’s general fund for pensions!
What about another little nugget from above and this is for all you Liberals out there:
“Policymakers fear that without reform, future lawmakers will be forced to gut basic state services simply to pay the retirement benefits of past employees.”
Gut basic services? Yes, that makes perfect sense, so that a bunch of Former Public Employees can lay around for 30 Plus Years taking in $100K Plus a year with their pension!
Yes, this all makes perfect sense and we repeat again…
THE STATE OF CALIFORNIA IS FINISHED! and…. about those public employee pensions….Shhhhh……don’t tell anyone, but there won’t be $$$$$$ to pay them! After all, how can a State in Bankruptcy pay anything to anybody!
