 |
| Michael Froomkin, Laurie Silvers & Mitchell Rubenstein Distinguished Professor of Law |
Go take a look at his endorsements for the City of Coral Gables 2013 election.
I think Michael did a good job of vetting the candidates in his home city. He took meticulous notes at the candidates forums and shared them with us over the past few weeks and offered us his analysis.
Thank you Professor Froomkin!
8 comments:
Froomkin’s big issue is that city employees should not have been required to chip in more for their pensions. He is a lover of big government and its overpaid employees. I will vote the opposite of his recommendations.
Leslie, the ironic thing in the Gables is that the highly paid (perhaps overpaid) executive employees do not contribute as much into the pension fund as the low-paid employees do (20% of wages). I can't speak for Froomkin, but I'd like to see the staff with the six-figure salaries contribute the same rate as the solid waste and landscaping employees.
Ross, can you please cite your source on your claim that some CG employees are paying 20% of their salaries towards their pensions? All of the news reports in the fall said it would go from 5% to a very reasonable 10%. Froomkin makes the same wild claim without any citation.
* crickets * lol
The retirement board minutes are available on the CG website. You'll see that Ross is telling the truth.
Leslie, I responded to this earlier, but because my response had a link, it probably requires the blog moderator to approve. The 20% is correct for general employees, exempting overpaid executive employees. The 10% figure is for the police, who have a different plan. Firefighters have yet another rate. So there are four different rates, at least. The lowest-paid staffers pay the highest 20% rate.
Herald: "If the city were to give its employees a choice, which it does not do now, it could result in the city losing much of the general employees’ 20-percent contribution to the fund, which goes toward paying down the unfunded liability."
Read more here: http://www.miamiherald.com/2013/03/09/3276480_p2/coral-gables-group-3-candidates.html
Ross is in the pocket of the overpaid hacks in the police union. They gave him their endorsement so that he can do their bidding on the city commission.
Post a Comment