Despite candidates backed by public sector unions pretty much running the table in the statewide elections – they retained virtually every State Assembly and State Senate seat and among higher office, and only the Attorney General race still hangs in the balance – at the local level there were significant gains by union reformers. A...
When assessing the financial sustainability of any government administered plan to provide retirement security to their citizens, it is important to consider two factors, (1) the nation’s overall population demographics, and (2) the economic model of the plan. In-turn, when evaluating the economic model of the plan, it is important to consider the plan’s sustainability...
On August 4th an interesting analysis of public sector compensation was posted on the blog Inflection Point Diary entitled “How to Figure Out How Much Money a Local Government Manager Makes.” In this decidedly conservative analysis, the conclusion was that “real annual compensation at least 33 percent higher than the ‘salary’ the city would have...