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Showing posts with label retirement security. Show all posts
Showing posts with label retirement security. Show all posts

Wednesday, April 11, 2012

Workers being driven out of public service

Posted on 12:18 PM by Unknown
Those committed to reducing the effectiveness of state agencies, shrinking the rolls of public employees and ultimately privatizing public services are winning their agenda, one retirement at a time.

Today's edition of The State reports that public employees are leaving their posts in droves, buying time and taking early retirement before devastating changes to the retirement system go into
Read More
Posted in Adam Beam, retired teachers, retirement security, The State | No comments

Wednesday, March 28, 2012

Greenville News defends public employment penalties

Posted on 11:17 AM by Unknown
Editors of the Greenville News praised today the legislature's move to raise public employees' required contributions to their retirement fund, calling it "not perfect" but "necessary."

Indeed, it's imperfect. It's also unnecessary, as lawmakers could have adopted -- could still amend themselves and adopt -- a host of alternative strategies, from raising sufficient revenue to address the state's
Read More
Posted in Greenville News, moral budget, public employees, retirement security | No comments

Saturday, March 24, 2012

Lawmakers punish public employees, expand charters

Posted on 8:56 PM by Unknown
The South Carolina Education Association publishes by email a weekly update of legislative activity, and the update from the past week documents the damage done by our lawmakers to the state's retirement system.

To wit:The House passed H.4976 (Ways and Means Committee), the bill that changes the S.C. Retirement System this week. Included in this bill are:

• Increases in employee contributions
Read More
Posted in charter schools, economic segregation, moral budget, retirement security, The SCEA | No comments

Friday, March 9, 2012

Out-of-state readers: Welcome, and help!

Posted on 5:21 PM by Unknown
I've noticed something about the readers of Educating South Carolina over the past year, and it has both entertained and puzzled me: Many of ESC's readers are reading from outside South Carolina.

I don't mean that a bunch of South Carolinians are taking vacations across the border and checking-in via their Blackberries. I mean there have been a good many readers from across the nation, regularly
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Posted in health care, moral budget, public education, readers, retirement security | No comments

Wednesday, March 7, 2012

House robs veteran state employees' retirement benefits

Posted on 2:29 PM by Unknown
If this action occurred at the intersection of Main and Gervais streets in Columbia, the police would be called, someone would be arrested and 220,000 charges of grand larceny -- felonies, all -- would be filed.

But because it happened a couple hundred yards away, in the House Ways and Means Committee meeting, it's entirely legal. It's still highway robbery -- still grand larceny -- but it's
Read More
Posted in Carlton Washington, Jim Merrill, retirement security, The SCEA | No comments

Friday, March 2, 2012

Free Times details state's pension reform dilemma

Posted on 8:40 AM by Unknown
The cover story in this week's edition of the Free Times of Columbia digs deep into the mess that's been stirred up around our state retirement system and the punitive measures being considered by lawmakers to right the ship.

The entire matter can be boiled down to a simple fact which leads to a simple solution.

Simple fact: During the past 12 or so years, thanks to deep and damaging budget
Read More
Posted in Charles Logan, Curtis Loftis, Free Times, retirees, retirement security, Sam Griswold, Thomas Alexander | No comments

Tuesday, February 28, 2012

Lawmakers propose robbing, then punishing, public employees

Posted on 12:12 PM by Unknown
It's the same old song.

State Constitution empowers lawmakers to raise revenues necessary to fully fund the state's essential obligations and institutions. It doesn't give that power to the rest of us, only to the 170 men and women sitting in judgment in Columbia.

And when their decisions to rejigger how we invest retirement system funds, at precisely the moment of an economic downturn, results
Read More
Posted in Carlton Washington, Kenny Bingham, moral budget, retirement security | No comments

Monday, February 27, 2012

Our lawmakers giveth, and our lawmakers taketh away

Posted on 10:17 AM by Unknown
Tears of joy may have erupted across South Carolina last week as a House committee approved a plan to raise state employees' and educators' salaries by two percent (and law enforcement officers' salaries by five percent), effective July 1. These folks have had their incomes frozen by the legislature for years, with some not seeing an increase since 2007.

But they've dried up pretty quickly as
Read More
Posted in health care, Kenny Bingham, moral budget, retirement security, teacher compensation | No comments

Retired teachers ask lawmakers to do the right thing

Posted on 9:13 AM by Unknown
Issues like these don't get the coverage they deserve. In support of the retired educators in your area, I hope you'll forward this note to your own friends and family, and encourage them to support retirees' efforts to get the benefits they've been promised.

Last week, a group of retirees came to Columbia to speak with lawmakers.Retired Barnwell County school teacher Jerry Bell says he flirted
Read More
Posted in Barnwell County, Jerry Bell, retired teachers, retirement security | No comments

Monday, February 20, 2012

Retired public employees blamed for budget instability

Posted on 8:39 PM by Unknown
The way the dialogue is being framed tells the tale; we can see from a mile away who the bad guys are going to be:South Carolina taxpayers should expect the amount of money they pump into the state pension system to increase in the coming years as the program struggles to close a widening $13 billion shortfall.

At the same time, the state might be forced to shift resources from areas such as
Read More
Posted in moral budget, retirees, retirement, retirement security | No comments
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Blog Archive

  • ▼  2012 (308)
    • ▼  May (18)
      • Educators defeat massive charter expansion bill*
      • Spartanburg doesn't want unfunded bus mandate
      • Lawmakers seek to punish unemployed educators
      • Leventis speaks truth to entrenched power
      • Education deform, straight from the horse's mouth
      • Because Spartanburg needs a Texas-based charter sc...
      • Beaufort mourns loss of student leader, musician
      • Zais's plan to discard public schools inches ahead
      • Ravitch comments on ALEC's reach into education
      • Florence produces state Teacher of the Year
      • Goodwin named superintendent in Chesterfield
      • South Carolina: Where the rubber meets the road
      • State program too successful, will be eliminated
      • Is Ware Shoals cutting educators' pay?
      • Ruling in Abbeville v South Carolina is long overdue
      • Ravitch defends educators' due process rights
      • Sumter still churning, 'right-sizing,' changing
      • Haley's cleared after threatening legislators
    • ►  April (66)
    • ►  March (101)
    • ►  February (67)
    • ►  January (56)
  • ►  2011 (192)
    • ►  August (27)
    • ►  July (70)
    • ►  June (66)
    • ►  May (6)
    • ►  April (23)
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