Michael McDaniel
July 30 2008
Many thanks to Jack Dean of FACT. Jack spoke yesterday morning to the Orange County BOS to strongly suggest that the OC BOS put a proposition on the ballet this November that would require the county to get tax payer approval before dishing out pension benefit increases.
The LA Times reports,"Orange County supervisors voted unanimously Tuesday to place a measure on the November ballot letting voters decide if future pension increases for county government workers should be put to a public vote. If approved by voters as part of the Nov. 4 general election ballot, the measure would amend the county's charter to require that retirement benefit increases for county workers be approved by a majority of voters, with a study of the benefits' cost published in ballot pamphlets."
Jack Dean's comments can be reviewed HERE.
To quote Mr. Dean,"I was motivated to launch the Pension Tsunami website four years ago in 2004 shortly after that Board of Supervisors voted to change Orange County’s pension formula, thereby giving employees an outrageous 62% increase in their pensions.A year earlier -in 2003 - the Orange County Grand Jury had addressed the escalating costs of public employee pensions and benefits in a report it issued titled, “Who Represents Orange County Taxpayers?” By their vote in 2004, it was apparent that the Supervisors then in office DID NOT."
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