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Last post 10 years ago by bloody spaniard. 2 replies replies.
Well, now you know where your money is going...
jpotts Offline
#1 Posted:
Joined: 06-14-2006
Posts: 28,811
...to fund the retirement of lobbyists.

http://news.yahoo.com/private-lobbyists-public-pensions-20-states-140450550.html

Private lobbyists get public pensions in 20 states

ALBANY, N.Y. (AP) — As a lobbyist in New York's statehouse, Stephen Acquario is doing pretty well. He pulls down $204,000 a year, more than the governor makes, gets a Ford Explorer as his company car and is afforded another special perk:

Even though he's not a government employee, he is entitled to a full state pension.

He's among hundreds of lobbyists in at least 20 states who get public pensions because they represent associations of counties, cities and school boards, an Associated Press review found. Legislatures granted them access decades ago on the premise that they serve governments and the public. In many cases, such access also includes state health care benefits.

But several states have started to question whether these organizations should qualify for such benefits, since they are private entities in most respects: They face no public oversight of their activities, can pay their top executives private-sector salaries and sometimes lobby for positions in conflict with taxpayers. New Jersey and Illinois are among the states considering legislation that would end their inclusion.

"It's a question of, 'Why are we providing government pensions to these private organizations?'" said Illinois Democratic Rep. Elaine Nekritz.

Acquario, executive director and general counsel of the New York State Association of Counties, argues that his group gives local government a voice in the statehouse, and the perk of a state pension makes it easier to hire people with government expertise.

"We want the people that work in local governments to continue to be part of the solution," he said. "We represent the same taxpayers."

The debate is more about principle than big money, since the staffs of such organizations are relatively small and make barely a ripple in huge state retirement systems. The eight New York associations, for example, have fewer than 120 total employees out of 633,100 current workers in the state's $158.7 billion pension system.

Still, the issue raises a public policy question as many states and taxpayers struggle to fund their pension obligations required by law.

bloody spaniard Offline
#2 Posted:
Joined: 03-14-2003
Posts: 43,802
I saw this the other day.
This is why EVERYONE should partake of of the wonderful Social Security pension available to the taxpayer- NO exceptions- NO early retirement bs.
Same thing with Obamacare.- NO exceptions if it's the panacea that it's purported to be..
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