Re: The one piece on what's happening in WI you must read
James <[email protected]>
| Newsgroups | gmane.music.dadl.ot |
|---|---|
| Message-ID | <[email protected]> |
On Thu, Mar 10, 2011 at 4:56 PM, Karl Swenson <[email protected]> wrote: > **I think you are really being twisty here. The complaint is that they > don't pay any contributions to their retirement plan like most of us have > to, not to mention the medical. That is not spin, that is one of the > issues. Should employees have to pay into their retirement plan? The pension plan is a part of their compensation right now. What's been said is that they *are* paying into their retirement plan, through their labour. It's just not as visible as many would like. If it is compensation for the work they do, then they contribute by working. If the full amount for the retirement plan was deducted and their base salary was nominally higher to cover that difference, the net effect would be no different. Personally, I think the best model is: - Base salary is competitive with other similar jobs. - Pension plan funding comes out of salary. - Pension plan is independently managed -- NOT by bureaucrats or politicians. -- dadl-ot mailing list http://mail.thehood.us/mailman/listinfo/dadl-ot_thehood.us http://news.gmane.org/gmane.music.dadl.ot