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#1470954 --- 05/15/15 12:03 PM
Re: eliminate state pensions
[Re: bluezone]
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Silver Member
Registered: 07/18/12
Posts: 14296
Loc: CNY
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IBM, Canandaigua Wine, Kodak, Xerox, First Niagara, Five Star, Community Bank, Guardian Glass, new employees at ITT, Seneca Foods, Zoto's etc. NO pension. wonder if these companies could survive if they offered over generous pensions like the 'teachers' get? the taxpayers have to pay for the 'teachers' pensions though... Do you mean in the same way that virtually every taxpayer and company "survived" such generous pensions during the indisputable peak of America's economic prosperity?
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Everyone's entitled to their own opinions, but not their own facts.
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#1471790 --- 06/03/15 08:38 AM
Re: Eliminate State Pension Plans
[Re: Lucinda Knotts]
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Diamond Member
Registered: 12/19/04
Posts: 32517
Loc: USA
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Governor Cuomo on teachers union—“Don’t say you represent students” January 28, 2015 In a meeting with editorial writers last week, Democratic Governor Andrew Cuomo critiqued the role of powerful teachers unions in our public education system. He said teachers unions represent themselves, not students. The New York Daily News reports, “Cuomo referred to the teacher unions and the entrenched education establishment as an ‘industry’ that is more interested in protecting the rights of its members than improving the system for the kids it is supposed to be serving.” Cuomo said, “Somewhere along the way, I believe we flipped the purpose of this. This was never a teacher employment program and this was never an industry to hire superintendents and teachers. This was a program to educate kids.” Responding to a union member who said he represents students, Cuomo said, “No you don’t. You represent the teachers. Teacher salaries, teacher pensions, teacher tenure, teacher vacation rights. I respect that. But don’t say you represent the students.” Many parents are concerned about the undue influence of powerful WEA union in Washington’s public schools. Teachers must pay about $1,000 a year to the union or be fired. Low-performing teachers with seniority are retained, while high-performing younger teachers are let go during layoffs. Each fall, children are denied access to public schools because of local strikes, as happened in communities like Tacoma, Kent, Bellevue, Marysville, Bellingham, and a recently-threatened strike in Seattle. The role of unions has become so problematic it has prompted the concern of even prominent liberal leaders like Governor Cuomo of New York. As Governor Cuomo said, we will not improve education for children until the public fully understands the role of unions in public education.
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"OUR COUNTRY IS IN MOURNING, A SOLDIER DIED TODAY."
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#1472012 --- 06/07/15 08:29 AM
Re: eliminate state pensions
[Re: Timbo]
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Silver Member
Registered: 10/22/12
Posts: 12390
Loc: Above ground
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IBM, Canandaigua Wine, Kodak, Xerox, First Niagara, Five Star, Community Bank, Guardian Glass, new employees at ITT, Seneca Foods, Zoto's etc. NO pension. wonder if these companies could survive if they offered over generous pensions like the 'teachers' get? the taxpayers have to pay for the 'teachers' pensions though... Do you mean in the same way that virtually every taxpayer and company "survived" such generous pensions during the indisputable peak of America's economic prosperity? Don't allow facts to get in the way of selective ignorance on his/her part. Blue, eliminating a pension is more of an punishment which should not be the case here and lets not forget why pensions are becoming hard to fulfill, remember the great days during the Reagan and Clinton era when investments to these plan were very lucrative? Well Mr. Bush destroyed all of that during his tenure. Don't believe me, consider the interest on bank accounts and bonds which most 401K and pension plans accrued much money. Lets not mention the unregulated markets in which Bush allowed corporations like Enron to totally destroy people's life savings.
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#1472088 --- 06/09/15 07:21 AM
Re: Eliminate state pensions
[Re: Formermac]
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Diamond Member
Registered: 12/19/04
Posts: 32517
Loc: USA
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IBM, Canandaigua Wine, Kodak, Xerox, First Niagara, Five Star, Community Bank, Guardian Glass, new employees at ITT, Seneca Foods, Zoto's etc. NO pension. lets not forget why pensions are becoming hard to fulfill private companies eliminated pensions because they had to fund it every year taxpayers pay for the short fall for 'teachers' pensions
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"OUR COUNTRY IS IN MOURNING, A SOLDIER DIED TODAY."
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#1472093 --- 06/09/15 12:01 PM
Re: Eliminate state pensions
[Re: bluezone]
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Silver Member
Registered: 10/22/12
Posts: 12390
Loc: Above ground
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IBM, Canandaigua Wine, Kodak, Xerox, First Niagara, Five Star, Community Bank, Guardian Glass, new employees at ITT, Seneca Foods, Zoto's etc. NO pension. lets not forget why pensions are becoming hard to fulfill private companies eliminated pensions because they had to fund it every year Exactly and this is where you expose your ignorance once again, pretty much every public, private and educational entity accelerated their funds growth by doing what? investments which at the time showed double digit returns. Bush destroyed those opportunities by allowing investment groups to monitor themselves which we now see as greedy opportunists who were their own worse enemies.
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#1472108 --- 06/09/15 06:03 PM
Re: Eliminate state pensions
[Re: Formermac]
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Member
Registered: 03/10/12
Posts: 429
Loc: beneath the Utica Shale
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[quote=tubby]IBM, Canandaigua Wine, Kodak, Xerox, First Niagara, Five Star, Community Bank, Guardian Glass, new employees at ITT, Seneca Foods, Zoto's etc. ] NO pension. Exactly and this is where you expose your ignorance once again, It has already been shown on here that Kodak, Xerox, Guardian Glass, and IBM do in fact have pension plans. Add Seneca foods to the list...from their website... Seneca Foods offers several resources to help our employees plan for their successful retirement. It is worth noting that Seneca is one of the few remaining companies that offer both a 401(k) savings plan with a discretionary company match, and a defined benefit pension plan.
Edited by Fart in the Wind (06/09/15 10:09 PM)
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#1474296 --- 08/11/15 10:15 PM
Re: Eliminate state pensions
[Re: bluezone]
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Diamond Member
Registered: 12/19/04
Posts: 32517
Loc: USA
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I will agree taxes in NYS are out of hand. whec news 10 did story on the lower enrollment in rochester schools the enrollment dropped by nearly 7,200 students if the per pupil spending is near $20,000 per year the spending should have gone down by nearly $150,000,000 not only did the spending not go down but it went up close to $350,000,000 more or close to $500,000,000 when both numbers are combined enrollment drops by nearly 7,200 students but yet the budgets go up close to a HALF A BILLION DOLLARS guess what a school official cited for the high costs? the 'teachers' pensions and healthcare costs
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"OUR COUNTRY IS IN MOURNING, A SOLDIER DIED TODAY."
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#1482305 --- 02/26/16 12:23 PM
Re: Eliminate state pensions
[Re: bluezone]
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Diamond Member
Registered: 12/19/04
Posts: 32517
Loc: USA
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I will agree taxes in NYS are out of hand. whec news 10 did story on the lower enrollment in rochester schools the enrollment dropped by nearly 7,200 students if the per pupil spending is near $20,000 per year the spending should have gone down by nearly $150,000,000 not only did the spending not go down but it went up close to $350,000,000 more or close to $500,000,000 when both numbers are combined enrollment drops by nearly 7,200 students but yet the budgets go up close to a HALF A BILLION DOLLARS guess what a school official cited for the high costs? the 'teachers' pensions and healthcare costs Seventy percent or more of our annual budgets go to personnel costs, including the pensions, health care and salaries of our teachers and staff, past and present.
We face state employee pension, workers compensation and healthcare costs for the upcoming year that continue to overwhelm school budgets Trina Newton Geneva CSD
Trina Newton - As far as the issues, when I look at the financial piece, healthcare is just out of control. When I take a look at what’s driving the budgets, it’s not what should be driving the budgets.
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"OUR COUNTRY IS IN MOURNING, A SOLDIER DIED TODAY."
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