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Warning for All CA State Employees

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Yavin4 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-25-03 05:00 PM
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Warning for All CA State Employees
Your pension is on the line with this recall vote. If the Republicans win, they will raid the public employees pension fund in order to pay for their tax cuts and balance the budget. That's right. Borrow and cut now, pay, or not pay, down the road. For proof, see what Christie Todd Whitman did to New Jersey.

If you're nearing retirement, you'd better organize and stay on top of this recall vote. Your retirement fund is on the line.
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Clete Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-25-03 05:02 PM
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1. Not only that if they can use the Republican accounting trick they
used in other states of entering this year's expenses, next year, the budget will appear to be balanced, but isn't.
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Regice Donating Member (81 posts) Send PM | Profile | Ignore Fri Jul-25-03 05:06 PM
Response to Original message
2. They should be worried
Not about losing their retirement, but about losing their jobs. This budget mess is bad bad bad.
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warrior1 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-25-03 05:09 PM
Response to Reply #2
3. Pete Wilson did that
When he was Gov. CalPers sued and got the money back. Not sure if they would do that trick again.
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