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Letters to the Editor

Early retirement

August 2, 2011

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To the editor:

So, once again we have the proposal to have an early retirement for state employees which will help reduce the work force by attrition or allow the filling of positions by those making a much lower rate. This also shifts the state’s responsibility to pay from the financially burdened state to the currently underfunded Kansas Public Employees Retirement system.

During the Bennett and Carlin administrations, the budget got balanced by withholding the “employer’s contribution” and promising to make it up later. The withheld contributions were never replaced — to do so now will cost more.

While the early retirement proposals may help some in the short run, it is highly questionable whether it is a good solution in the long term. Ultimately, it will be the Legislature rather than the governor, budget division or any negotiating team that will have to make the decision.

Comments

jayhawxrok 2 years, 8 months ago

That's the best idea, get rid of Brownback, the hypocrite doesn't mind spending our money on subsidies to traditional utility companies, doesn't mind spending it on big salaries for his right wing friends he brings into key positions to support his warped agenda, he doesn't mind spending our money on outside (Koch Bros) lawyers to defend the state in the ridiculous mess he started with Planned Parenthood.

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SilverShadow 2 years, 8 months ago

To save the state a lot of money, force brownie into quickly retiring.

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ResQd 2 years, 8 months ago

With the economy struggling like it has been, we are seeing more and more retirement aged people going back into the workforce to make ends meet. How will this actually solve this crisis that the government and NOT the people made?

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SinoHawk 2 years, 8 months ago

The State of Kansas is near the bottom in funding public sector pensions (i.e. they have paid the least in as an actual percentage of future payouts). Illinois is the worst, but we are in poor shape as well. According to Pew, we are underfunded by $8,200,000,000 in Kansas!!!

This is a problem with politicians of all stripes, IMHO--it is easy to underfund and over-borrow. I am a big fan of 401k's instead of defined-benefit pensions for this reason.

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