Finance

Union Goon-Squad "THUGs" Thwart Reform in Pennsylvania

Union Goon-Squad "THUGs" Thwart Reform in Pennsylvania

A “goon-squad” group named The Helpful Union Guys (THUG), members of Ironworkers Local 401 set fires, started riots, and took crowbars to the competition in an effort to protect union jobs. THUGs stalked women, took baseball bats to a Toys R Us site, and even torched a Quaker meetinghouse that dared to use non-union labor. Philly.Com reports 10...

By Mike Shedlock

Add ALL Public Workers to Social Security

Add ALL Public Workers to Social Security

“I think expanding Social Security benefits is incredibly important… the current Social Security benefits are not covering the cost of living for seniors.” – Shenna Bellows, Democrat, candidate for U.S. Senate, Maine, as quoted in Fiscal Times article “Liberal Dems’ New Goal: Boost Social Security Benefits,” The debate over what role, if any, government should...

By Edward Ring

Come to San Francisco for a Government-Mandated 35-Hour Workweek

Come to San Francisco for a Government-Mandated 35-Hour Workweek

Where in the United States can you get a government-mandated 35-hour workweek, like the French national government adopted in 2000 (but modified in 2008)? Go to San Francisco and become a construction worker in the following trades on public works projects: Electrician: Inside Wireman Electrician: Cable Splicer Plumber: Air Conditioning & Refrigeration/HVAC – Service Work...

By Kevin Dayton

Vallejo Headed for Another Bankruptcy?

Vallejo Headed for Another Bankruptcy?

On May 6, 2008, the Vallejo City Council voted 7-0 to file for Chapter 9 bankruptcy. At the time it was the largest city in California to do so. In March of 2009 I noted Judge Rules Vallejo Can Void Union Contracts. Vallejo foolishly refused to do so, and I predicted it would soon be back...

By Mike Shedlock

Pension Reform: Be Clear About Defining the "California Rule"

Pension Reform: Be Clear About Defining the "California Rule"

I just read a recent commentary that described the following as the best definition of the California Rule that the writer had ever seen: “By entering public service an employee obtains a vested contractual right to earn a pension on terms substantially equivalent to those then offered to the employee.” In other words, one has...

By John Moore

Vallejo’s post-bankruptcy plight gets little notice in California’s state capitol

Vallejo’s post-bankruptcy plight gets little notice in California’s state capitol

When Vallejo, California was facing bankruptcy, pension reformers warned officials there that unless the city takes the opportunity to trim back pensions for current employees that it would soon be back in the fiscal tank. One official there said the city didn’t want to take on the politically powerful California Public Employees’ Retirement System (CalPERS),...

By Steven Greenhut

How Much Does Professionalism Cost?

How Much Does Professionalism Cost?

When discussing the sensitive subject of public employee compensation, there are several important dimensions that must be considered – can we afford it, is it appropriate and fair, how does it compare to the private sector (if comparisons can even be made), what are the additional costs for employer paid benefits, and how do we...

By Edward Ring

The Unintended Consequences of High-Cost Health Plans for Public Employees

The Unintended Consequences of High-Cost Health Plans for Public Employees

One of the more alarming data points I have come across while compiling the necessary records for the TransparentCalifornia website has been the large sums of money spent on health insurance for public employees. As our site does not provide individual breakdowns of benefits in an effort to present the information in a uniform and...

By Robert Fellner

Public Sector Pension Plans Do Not Pass the "Smell Test"

Public Sector Pension Plans Do Not Pass the "Smell Test"

“Pew’s relationship with the Arnold Foundation does not pass the smell test,” said Meredith Williams, Denver-based executive director of the National Council on Teacher Retirement. –  “Pension Funds Press Pew to Cut Arnold Foundation,” Philanthropy Today, March 4, 2014 If you’re looking for an example of how, increasingly, political debate in America is framed as...

By Edward Ring

San Jose, Other Cities Can Look Toward “Service Insolvency”

San Jose, Other Cities Can Look Toward “Service Insolvency”

San Jose is only 117 miles from Sacramento, yet the ongoing plight of this beacon of Silicon Valley falls on deaf ears at the state Capitol. The city’s Democratic mayor certainly isn’t getting any aid from legislators. Fortunately, a recent article in the Washington Post shows that the message might be getting out any way. “Here in...

By Steven Greenhut

California bureaucrats: avoiding transparency or wastefully incompetent?

California bureaucrats: avoiding transparency or wastefully incompetent?

When making requests for information from government agencies, being both an environmentalist and an advocate for government transparency can be doubly painful. It is quite common for public agencies to stall or attempt to deny public records requests, but some methods are just too bizarre to believe. Two separate California school districts – Duarte Unified...

By Robert Fellner

The Fall of Pacific Grove – Conclusion: The "California Rule" Cannot Stand

The Fall of Pacific Grove – Conclusion: The "California Rule" Cannot Stand

In this series, relying on official records of CalPERS and the City of Pacific Grove, I have shown how those two agencies and the unions worked as one to destroy the ability of cities like Pacific Grove from providing minimal government services. But the Supreme Court of California is the great enabler and protector of...

By John Moore

The Fall of Pacific Grove – The Cover-Up by the City After the Hidden Actuarial Report Surfaced in 2009

The Fall of Pacific Grove – The Cover-Up by the City After the Hidden Actuarial Report Surfaced in 2009

Part 7 of 7: How the City and Unions Covered Up the Illegal Pension Enhancements In 2009, through a series of public records requests, I discovered a document entitled “Contract Amendment Cost Analysis.” It was the document mandated by State Government Code Section 7507 (for the 2002 pension increase for the safety unions), which said:...

By John Moore

Is California's Union-Controlled Legislature Waking up to Pension Problem?

Is California's Union-Controlled Legislature Waking up to Pension Problem?

Is it possible that the California Legislature is finally coming to grips with the public employee pension crisis? We certainly hope so. For years, our political leadership has behaved more like ostriches with their heads buried in the sand regarding the many billions of dollars of “unfunded liabilities” in California’s pension funds. Unlike most retirement...

By Jon Coupal