MISH'S
Global Economic
Trend Analysis

Recent Posts

Thursday, September 01, 2011 4:07 PM


Unions Sue New Jersey Governor Christie Over Pension and Health-Care Benefits


Mish Moved to MishTalk.Com Click to Visit.

Brain dead public unions think lawsuits will solve a problem resulting from untenable wages and benefits that cannot be paid.

Instead of accepting the obvious New Jersey Governor Christie Sued by Unions Over Pension, Health Benefits

New Jersey public employee unions, seeking to block a law reducing pension and health benefits, sued Governor Chris Christie and other state officials.

More than 20 unions and individuals representing teachers, firefighters, police officers and other public employees claim the law enacted June 28 violates the U.S. and state constitutions by forcing them to pay more for pensions and health insurance. In a complaint in federal court in Trenton, New Jersey, they asked a judge yesterday to block enforcement of the law and order the state to fully fund the pension systems.

“Another lawsuit won’t change the fact that the public employee pension system was on a collision course with collapse without the governor’s and the Legislature’s bipartisan intervention,” a Christie spokesman, Michael Drewniak, said in a statement.

‘Oblivious’ Union

“The union leadership is unaccountably oblivious to that,” he said. “So, fine, file another lawsuit, keep your heads in the sand and ignore the problem. We will defend as necessary our pledge to fix the public employee pension system for all employees, former, present and future.”

The law deprives workers of their due process rights by suspending pension adjustments, increasing employees’ contributions, underfunding pensions and delegating to pension committees an “unrestrained authority to reduce pension and change eligibility requirements,” according to a copy of the complaint on the education group’s website.
The sense of entitlement of these overpaid, underworked, public union ingrates is stunning. The Governor needs to seek legislation that will end all collective bargaining rights of public unions as soon as possible.

Mike "Mish" Shedlock
http://globaleconomicanalysis.blogspot.com
Click Here To Scroll Thru My Recent Post List

Last 10 Posts


Copyright 2009 Mike Shedlock. All Rights Reserved.
View My Stats