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Gladstone among cities struggling with cost of retiree benefits

April 11, 2013

GLADSTONE — Gladstone is just one of the cities in Michigan struggling with the state’s $12.7 billion in unfunded municipal retirement benefits....

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frogleggs

Apr-22-13 4:40 PM

Whizzy,

A good exposure to background information and understanding, sorely needed by today’s young people as to one of the reasons how republicans have ruined our standard of living, by exporting American worker’s job’s, overseas, and the resulting downfall in money available for circulation and spending within our local economies.

We have always been relegated to pay part of workers’ benefits in the past, as well as our own along the way, as wage earners, this is nothing new.

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frogleggs

Apr-22-13 4:38 PM

Promises were made in the past, by governments local, state and federal,

in exchange for workers to accept lower wages,

in exchange for a ‘reward’ in the future for a worker’s willingness to invest their time and less money at the, then, present.

These are promises and contracts that must be fulfilled entirely,

if the people are to have full faith and credit in their government(s).

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frogleggs

Apr-22-13 4:38 PM

Promises were made in the past, by governments local, state and federal,

in exchange for workers to accept lower wages,

in exchange for a ‘reward’ in the future for a worker’s willingness to invest their time and less money at the, then, present.

These are promises and contracts that must be fulfilled entirely,

if the people are to have full faith and credit in their government(s).

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frogleggs

Apr-22-13 4:36 PM

J. Wellington Wimpy best summarizes the thinking of the exploding 70’s, 80’s and 90’s

as to why we are left with bills to pay today,

in exchange for getting something for less yesterday,

from our public sector workers,

with the understanding that worker’s would get their ‘pay or due’ at a later date:

"I'll gladly pay you Tuesday for a hamburger today".

Today has ‘arrived’, and it’s time to pay the piper.

Life wasn't fair for workers back then, and it isn't fair today,

unless you are rich, an investor, a corporation, a republican, or all of the above!

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BravesRock

Apr-22-13 12:48 AM

I for one understand fully the reasons for the perks, and I agree that many public-sector workers are paid less than their counterparts in private industry, because I'm one of them. But I also know we can't afford those kind of perks anymore, and the next generation of workers, both private and public, aren't going to have such generous benefit packages in the future. They're going to get stuck with paying for us, as well as for their own benefits.

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Whizzywhig

Apr-21-13 6:35 PM

Understand?

Understand about what?

While some are eager to quip about 'understanding',

one has to wonder about the basis for healthcare and pensions at the time workers were awarded these ‘carrots’,

for doing business with, and becoming employees in the public sector.

The ‘baby-boommer-whiners’ were given everything,

there isn’t much their distressed parents didn’t want to lavish upon these baby’s who grew into the whiners of today.

They want everything, and everything is want they want NOW.

To heck with everyone else,

they want EVERYTHING NOW!

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Whizzywhig

Apr-21-13 6:34 PM

But, the sad state of affairs,

public sector workers have had to listen to today,

is because these whiners no-longer want to pay for the promises made in the past,

to recruit and retain decent workers in the public sector,

while private sector wage scales were rising, and public sector governments couldn’t afford the means to maintain equity even with the cost of living that was rising at the time.

A little ‘understanding’ goes a long way.

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Whizzywhig

Apr-21-13 6:33 PM

Workers who got pensions, and healthcare were provided these incentives in lieu of wage equity with the private sector,

to hopefully, recruit and retain public workers, and keep workers from migrating to the private sector,

where wages and benefits were better at the time.

In light of the times,

public sectors, would have faced less-than-capable, bottom-feeder public workers, much of what remains in government today?

Just look what gets elected to public office as a good example of bottom feeding in the food chain elected office free-loaders.

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Whizzywhig

Apr-21-13 6:31 PM

Now,

the boomer-whiners, never ‘understood’ the reasons for these so-called perks,

and today, they whine about having to pay their debt to public workers.

For the most part,

most public sector workers didn’t have to unionize to ‘collect’ these benefits, they were awarded by government administrations with the intention of recruiting and keeping capable workers at the time…

Quit yer whining and pay up!

You and your parents got us to work for less, and now you need to pay these bills for yourselves and your parents' unwillingness to pay . . .

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EStacey

Apr-11-13 6:32 PM

Sure, like many HUNDREDS of cities all across this country.. They promised what they could not deliver because of the 'change in times' - Y'know, they aren't to be scorned for doing this.. along with Labor groups and Unions and such.. this what it has come to in this Country.. And now, when the poo-poo has hit the fan. everyone is pointing fingers at each other!. "Yer to blame, for asking for too much".. no, "Yer to blame for offering what you couldn't deliver".. argue, argue, argue.. Y'know. if a guy pokes yer eye out with a stick.. you can sue him into total poverty!.. and live wonderfully smooth for the rest of your life.. yet, you will still be BLIND.. so, all the money doesn't really repair the damage does it!?

It's time in this country where we begin to REPAIR the damage.. and you don't do that with an ARGUMENT over who did what to whom.. you do it by correcting mistakes, and doing the best you can to UNDERSTAND..

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Alexis

Apr-11-13 10:50 AM

I feel for municiple tax payers. Gladstone is not alone. I blame city and community managers for failing to reign in expensive benefits packages. Just look at the auto industry - to offer such platinum benefits packages is unsustainable and the pain is clearly starting to be felt. I believe the solution is to honor the current contracts and change any future hirings to use what the private sector uses: specifically a 401(a) or 403(b) retirement program and NO paid medical upon separation of service - that should be the individual's responsibility and not the tax payers.

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