Government Pensions Under Fire Once Again

Government Pensions Under Fire Once Again

Liberal supporters circle the wagons.

Government Pensions Under Fire Once Again

Liberal supporters circle the wagons.

– See more at: http://www.thefiscaltimes.com/Articles/2013/12/04/Government-Pensions-Under-Fire-Once-Again#sthash.lN8STRLK.0eO3rmfa.dpufGovernment Pensions Under Fire Once Again

 

Liberal supporters circle the wagons.

– See more at: http://www.thefiscaltimes.com/Articles/2013/12/04/Government-Pensions-Under-Fire-Once-Again#sthash.lN8STRLK.0eO3rmfa.dpuf

Eric Pianin The Fiscal Times December 4, 2013

The heat is on unions again because of what many believe are overly generous benefits to government workers – especially as compared to those of private-sector workers. In Detroit, unions are up in arms over the new threat to city workers’ pensions in light of a federal judge’s decision that Detroit can move forward with the largest municipal bankruptcy proceeding in history – a threat to pensions that could reverberate throughout the country.

Now the potential budget deal between House Republican Paul Ryan and Senate Democrat Patty Murray – who are racing to meet a Dec. 13 deadline – proposes requiring federal workers to pay substantially more for their retirement benefits. The proposal has made the chairwoman of the Senate Appropriations Committee, Barbara Mikulski (D-MD), furious.

On Wednesday Mikulski sought to head off the proposal as part of the emerging budget deal to cancel the sequester for at least two years. Continue reading “Government Pensions Under Fire Once Again”