While elected officials pay a higher contribution rate today, state law also give them a higher 3.5 percent accrual — the rate at which they earn benefits — compared with employees' 2.5 percent and they also can retire earlier."
Thursday, April 5, 2012
@gop LA governor exempts himself from planned public worker pension contribution increase #p2 #tcot
"The great thing about being a Republican governor is that when you go after public workers, you can exempt yourself from the pain. Louisiana Gov. Bobby Jindal is proposing just that—he's pushing legislation that would make public workers pay more toward their pensions, but the governor, statewide officials, judges, and some legislators would be exempted from it. Jindal's argument is that he and the other officials who wouldn't face higher pension costs already pay a slightly higher percentage of their salaries toward their pensions than do public employees. The thing is:
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