Rand Paul Falsely Claims That Public Workers Don't Contribute To Their Pensions

[Omaha Steve]

About the video below, I was paying 10.075 of my wages into my pension at the time I retired last Nov.:

Edit: An easy to read version of how my deduction went up over several yearpage 76C: http://www.cityofomaha.org/humanresources/images/stories/public_documents/union_contracts//Local%20251%20Labor%20Agreement%202009%20-%202012%20Clean%20Version.pdf

Uploaded on Mar 30, 2011
Rand Paul Falsely Claims That Public Workers Don't Contribute To Their Pensions And Health Care Plans

[cascadiance]

1. Yep, and those who are forced to cash in their IRAs and 401ks have to pay 10% penalty in taxes...

... on top of regular taxation for an investment plan... Which is kicking me in the ass this week when trying to pay my taxes and not go broke! I think they designed it this way to get the masses poorer by forcing them in to this when robbing their savings in other ways beforehand.

[Buzz Clik]

2. Holy shit. What an ignorant idiot.

[AZ Mike]

3. It's called "Deferred Compensation" for a reason....

....nimrod.

[merrily]

4. False, but let's assume hypothetically that it's true: So what?

A collective bargaining agreement is just that: an agreement by both employer and employees, via their respective bargaining agents. It represents scores of gives and takes. You don't take out of any contract only the parts that benefits one side. Not legally and honorably, anyway.

Where the government is the employer, there is extra muscle, so bargaining agreements do get changed after the fact, to the disadvantage of employees. But, it's dishonorable and it sucks.

[charliea]

5. Rand must be a yoga master!

How else could he reach so far up his butt to dig out these numbers? I have no idea how else the idea that the average (!) public employee makes over 10K a month? This is the part where I'd usually ask someone to show their work.


I've done consulting at more than one government facility in the last 6 years and I know that regular public employees have to pay into their retirement funding. Maybe Senators don't, possibly because they get to keep any money left in their campaign war chest when they leave?

[valerief]

6. Is he talking about Congress not contributing to their pensions?

Hell, Congress doesn't even have to do their job to get paid and get a pension and get all kinds of benes.

[appalachiablue]

7. When is this moron going to give it up; what a fool, and embarrassment-

[Spitfire of ATJ]

8. Newsflash: The "Private Sector" USED to pay a lot more than government workers....

People like Rand Paul aren't doing anything about raising those people's wages. He's on board with the GOP policy of telling those workers to hate other workers when they should be angry at WALL STREET.

[appalachiablue]

9. +1. The old divide & conquer, Jay Gould approach works like a charm unfortunately. Knowing history

would help, but the GOP is taking care of that through the TV and school are for dummies 30 year strategy that the Left has done too little to counter.

[WillTwain]

10. I would not trust myself if I ever got in the same room as him.

The non-stop lies need to be stopped. The whole Republican party is repulsive. Their hatred for workers is so transparent.