USANews版 - 伊州共和党州长要对pension大改革, 密西根已有了先例 |
|---|
|
|
|
|
|
|
l****z
发帖数: 29846 | 1 Rauner Seeks Insurance Program Changes for Illinois Retirees; Michigan
Changes Upheld in 6-0 State Supreme Court Decision
Illinois state pension and retirement plans are in dire straits. The only
way to fix the problems is with plan changes.
Michigan did that in 2012. And in a 6-0 decision yesterday, the Detroit Free
Press reported the Michigan Supreme Court, rejected arguments from unions,
and upheld the 2012 state law requiring teachers to put more of their pay
toward their pension plans or face cuts to benefits.
The Michigan Supreme Court, rejecting arguments from unions, has upheld
a 2012 state law requiring teachers and other school employees to put more
of their pay toward their pension plans or face cuts to benefits such as
post-retirement health care.
The law, backed by Gov. Rick Snyder and the Republican-controlled
Legislature, was intended to cut an estimated $45-billion unfunded liability
in the Michigan Public School Employees Retirement System by more than $15
billion.
The American Federation of Teachers and the Michigan Education
Association unions argued the law impaired contracts and amounted to
uncompensated takings of pension benefits.
But both the Michigan Supreme Court and the appeals court said the law
doesn't violate a Michigan constitutional provision protecting earned
pension benefits, because only future benefits are affected. Also, unlike an
earlier law that mandated 3% contributions toward health care, the 2012 law
provides an opt-out provision, the court said.
Good News For Illinois
What passes constitutional muster in Michigan may not do so in Illinois, but
the unanimous ruling provides a model for what may work elsewhere. This is
good news for all cash-strapped states.
In Illinois, Gov. Bruce Rauner Wants Changes to Insurance Programs for State
Workers, Retirees.
Health insurance for active state workers and retirees is being targeted
for big savings in Gov. Bruce Rauner's budget plan.
"By bringing health care benefits more in line with those received by
the taxpayers who pay for them, we save an additional $700 million," Rauner
said Wednesday in his budget speech.
His budget also calls for an end to state subsidies to the health
insurance programs for retired downstate teachers and community college
workers.
Right Path
Governor Rauner is on the right path. Benefits must be cut. For starters,
Illinois needs to move all employees going forward into 401K type plans.
Next, Illinois needs to address spiraling costs for those in defined benefit
plans.
Michigan passed one law the Michigan Supreme Court rejected, and a second
one in 2012 law that was upheld unanimously. Illinois would be wise to
pursue changes that are likely to be upheld in court. We now have at least
one model that works.
For more on problems in Illinois and what to do about them, please see ...
Shockingly Bad Fiscal Health of Chicago (and the Financial Engineering
Chicago Uses to Hide that Fact)
Illinois Pension Plans 39% Funded; Taxpayers On the Hook for $105
Billion in Liabilities; It Will Get Worse!
Illinois desperately needs to address the root of its fiscal problems:
untenable pension benefits and promises.
Massive proposed tax hikes are not the answer. Tax hikes will do nothing but
make already uncompetitive Illinois even more uncompetitive. | T*********I
发帖数: 10729 | 2 dire ?
so is the national debt
http://www.usdebtclock.org/
The National Debt has continued to increase an average of
$2.27 billion per day since September 30, 2012! |
|
|
|
|
|
|
|
