Tag Archives: pension

More Money for Pensions Means Less Money for Roads

Government is looking for ways to strengthen the state employee pension plan but like so much of government policy these days, it is avoiding a long-term solution, leaving both taxpayers and pensioners at risk. Continue reading

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Bureaucrat pension plans create false security and violate taxpayers’ rights

The Wyoming legislature failed to consider the pension reform bill HB0091 during the current legislative session, and that is bad news. In many states, plans that are supposed to pay government workers their promised pension do not have enough money. … Continue reading

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Bankrupt Pension Plans Drive Businesses Out of the State – A Lesson for Wyoming

Companies were talking about leaving the state of Illinois. Chicago Mercantile Exchange and Sears’ corporate headquarters were among the companies looking to head to states farther away — from fiscal collapse that is. Indiana governor Mitch Daniels is busy promoting … Continue reading

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Best Guess and Good Intentions Leave Taxpayers High and Dry

In 2007, legislators, trying to be nice and do nice things for voluntary emergency medical technicians (EMT), set aside $986,000 of other peoples’ money to fund a retirement plan for them. The 173 plan members pay $12.50 each month into … Continue reading

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Appropriations Day 2: Turf Battle May Spawn Salary Death Spiral

Attending government committee meetings can sometimes be more interested than you’d imagine. Today during the Joint Appropriations hearing, the retirement system executives pled their case for more money. It was refreshing to hear the politicians and bureaucrats admit the government … Continue reading

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