Sweeney Revenge Plan for NJEA/Pension Reform

New Jersey Senate President Steve Sweeney was asked that question on On The Record this morning:

Apparently there isn’t a plan* yet:
.

.
.
.
* For pensions, that is. Sweeney clearly has an opinion as to where teachers should be sending their union dues.

16 responses to this post.

  1. Posted by skip3house on November 12, 2017 at 11:25 am

    Who will do the detailed study for switching that ‘hidden’ cruel regressive(favoring wealthy) school property tax over to NJ Income Tax, with any savings…including Abbotts,….?
    After this tax on homes is switched, with examples showing savings for the lower 85-90% of NJ residents, possibly, we can consider just how to use the school tax still existing on non-residential, too.
    My very limited numbers show a NJ family with $85K income/$8.5 property tax( total) could save $3K/year…..

    Reply

  2. Posted by dentss dunnigan on November 12, 2017 at 11:27 am

    the fatal flaw in NJ’s pension system in 1986 while on City Council in Atlantic City. I was puzzled by four summer lifeguards still getting paychecks in October. When I checked, I was told this was done to “juice up” pensions for lifeguards who were about to retire. This was done by having them paint lifeguard boats for four months after the summer season and double their salaries during their last three years of work. Later, I found that thousands of NJ public employees used similar strategies to juice up their pensions. The NJEA teachers union institutionalized it with a super-high salary step for teachers after their 15th year of employment. NJ’s public employee pension funds were unsustainable long before Florio Democrats and Whitman Republicans completely politicized and corrupted them in the 1990’s

    Reply

    • Posted by skip3house on November 12, 2017 at 11:39 am

      Perfect case of abuse with DB..defined benefit pension system. When/how does system get changed to a 401K type from now on, with existing pension funding awarded to teachers individually as system now promises, not including unfunded political promises?
      A 401K system will individually track pension values responsibly, to relieve people of false promises

      Reply

    • Posted by PS Drone on November 12, 2017 at 8:16 pm

      I am also familiar with what has gone/goes on in AC. What you describe in my opinion is nothing more than grand larceny perpetrated against the private sector taxpayer by the public sector. Stealing pure and simple. At this stage in the corruption, I literally cannot wait until the various pension funds go belly up.

      Reply

    • Posted by Tough Love on November 12, 2017 at 10:22 pm

      dentss dunnigan,

      Just MORE justification to renege on a substantial portion of their now ludicrously excessive pensions (AND benefits).

      Reply

    • Just one form of abuse of the system……..lifeguards getting pension in and of itself is ridiculous……..summer jobs that somehow morph into life long taxpayer pay outs…..and they wonder why AC and the rest of the state is going belly up

      Reply

    • But one minor abuse of the system………

      Reply

    • Just but one minor abuse…….but representative of what goes on on a regular basis.
      Lifeguards getting pensions is funny enough. A summer job for qualified college and high school kids somehow turns into a lifetime monthly payment…and they wonder why AC and the rest of the state is in financial distress

      Reply

    • Dentss,..but one of many abuses of the system and they wonder why AC and the state are just about belly up. But lets try to spend and borrow our way out of it any maybe it will all go away. BTW…didn’t AC or OC just recently put an end to lifeguard pensions?

      Reply

    • “This guy is a working-class stiff. He’s an iron worker. And if you look at his entire record … this is a guy who walks the walk with working people,” said AFT president Randi Weingarten.”

      If Weingarten is for him, I’m against him.

      “The NJEA, which is backing Republican Fran Grenier and is spending big in a bid to oust Sweeney (D-Gloucester), says its war on him is rooted in the contentious issue of funding for public pensions. “He has not fully funded that pension the entire eight years he’s been here despite promises that he would do this and do that. He has not fulfilled that,” said NJEA president Marie Blistan.”

      I guess Weingarten has figured out there is enough money in the pension till to pay for her generation of public workers, and those are the only ones that matter. I guess the NJEA represents the public workers who are left with the consequences, along with the other serfs.

      In the UFT, which Weingarten ran, the retired get to vote for union officials, and they outvote active teachers.

      Reply

      • Posted by Tough Love on November 13, 2017 at 12:36 pm

        That last sentence is interesting…………

        I always thought that the younger/shorter-service workers would one day wise-up, and see that the continued granting of additional unaffordable accruals would make the old-timers whole, but leave little (or NOTHING) for the them. But if the retirees (with their excessive pensions) get to vote for Union Officials, it’s going to be near-impossible to right this ship.

        Reply

  3. Posted by Tom Thorton on November 13, 2017 at 8:41 pm

    Actually, if Janus wins next year and union dues in NJ become optional, many will drop out of the NJEA. Take the money out of the unions hands. That’s a good start.

    Reply

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: