Pension Pilfery

By Larry Sand
02/07/2017
“The teachers unions don’t just screw over kids, they also screw over new teachers. Millennials beware.” The above tweet from Mike Petrilli, president of the Thomas B. Fordham Institute, pretty much tells the dismal story. To followers of Pension Tsunami, UnionWatch and Transparent California, the looming pension disaster for taxpayers is not news. But what has gone...

TAGS: California Teachers Association, CalSTRS, Fordham Institute, Jerry Jordan, John Fensterwald, Larry Sand, Mike Antonucci, Mike Petrilli, pension tsunami, Philadelphia Federation of Teachers, teachers union, Transparent California

When Union Bosses Become Employers

By Larry Sand
09/22/2015
Sanctimonious labor leaders treat their employees very differently than their members. While tales of union hypocrisy are as common as instances of Donald Trump sticking his Ferragamos in his mouth, there is one facet of union two-facedness that is under-reported – the role of union as employer. As mentioned in my post a couple of...

TAGS: 401K, defined benefit pension, Evan Grossman, Jerry Jordan, Larry Sand, National Education Association, pension tsunami, Philadelphia Federation of Teachers, seniority, teachers union, tenure

Early Christmas Gift to Children and Taxpayers in Philadelphia?

By Larry Sand
10/14/2014
School reformers in Philly decide to help taxpayers and kids; teachers unions fume. Philadelphia can be a tough town – so tough, in fact, that in 1968, frustrated and cranky Eagles fans even booed Santa Claus at a late season game. When that didn’t scare off old St. Nick, the hostile fans unleashed a barrage...

TAGS: American Federation of Teachers, Jerry Jordan, Larry Sand, Michael Nutter, Philadelphia Federation of Teachers, Randi Weingarten, teachers union, Tom Corbett