Wednesday, March 23, 2011

Public Employees Rush to Retire

Interesting article in the Wall Street Journal.  It mostly references public workers in CA and WI putting in their papers quicker to avoid any potential future downside to their benefits.  Can this be far behind in NY?  Is it already happening in Miller Place?  And, are we prepared for it?  My guess would be no.  Retiring employees represent a big short-term hit to the budget.  The deadline in MP (maybe the whole state) to submit retirement papers was this past February 28.  We, the residents, will not know until later in the year who is retiring, so we have no idea what budgetary impact this will have.

Just another financial thing to be concerned about.

1 comment:

  1. If a public employee union member is fired from their job, they can no longer vote in union elections.

    The HIGH PAID union bigwigs would rather have their membership FIRED and NOT laid off, so they can't vote OUT the union official that sold them
    "down the river" !

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