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Oregon's budget for retired state employees: $100 Billion I tried to find the same for California, but it seems they do a better job of hiding it. My point is
by 34679 7y ago
Oregon's budget for retired state employees: $100 Billion
I tried to find the same for California, but it seems they do a better job of hiding it.
My point is that we are spending a tremendous amount of money on former government employees, so they can have nice homes, good healthcare, and a quality education for their children. But in the process, we're neglecting a large portion of the population that those people were supposed to be serving.
- jandrese 7y agoIf I'm looking for money to help the poor I'm not going to start by raiding pensions. That would be self destructive.
- mattkrause 7y agoWhat would you do instead? It takes good, motivated staff to run an effective government department. Those same people have a lot of options, so the government has to compete for them somehow. We’re unwilling to pay them high salaries (take a look at the federal pay scales: GS-12, which is usually a scientist with a grad degree, starts at $66k). Benefits seem a little more politically palatable, so the government competes on those instead: we won’t pay you a lot, but you can earn a (slightly) better retirement instead. Without either, who’s going to work for the government? Do you really want a government full of people who can’t land any other job?
- 34679 7y agoWhat would I do? Reduce the number of state employees. And I'd do it without firing anyone. See: Gary Johnson, New Mexico. When an existing employee retires or otherwise ends their employment with the state, don't hire a replacement unless that job is critical to the operation of the government.
- pjc50 7y agoThat's obviously not the correct number; perhaps that's the total liability for all future pensions? It's not clear what the actual pensions number is, but the total budget for absolutely everything for the two years 2019-21 for Oregon appears to be $82bn from Schedule VI of https://www.oregon.gov/das/Financial/Documents/2019-21_gb.pdf https://www.oregon.gov/das/Financial/Documents/2019-21_gb.pd...
- mnm1 7y agoYes, how terrible that we are fulfilling our contractual obligations to people who have worked for decades in our government. It's a travesty indeed! Should we just exterminate them in camps now that they are of no use to us? Or what would you propose?