Roughly speaking I’ve been a union man most of my life, and generally I support their aims, but the recent spate of public pension allowances have lost the unions’ sense of perspective. The city of Los Angeles currently has 600 retirees collecting more than $100,000 a year public pensions, and that doesn’t even include the Department of Water and Power, which consistently has higher-paid employees than City Hall. Have we lost it?
Now let’s hear it for Gov. Schwarzenegger. He is expected to improve a plan in the coming weeks that would revamp public retiree health benefits and pension formulas for new employees, saving the state an estimated $93 billion by 2040. I definitely support his apparent attempt to bring the public pensions under control, although his attempt to cut benefits for poor people recently I do not support.
WESLEY GREENE