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Foy slammed for mentioning pension reform

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You would think that in light of the fact that cities in Ventura County are hard-hit by the Bell scandal the public employees would give a guy a break for mentioning pension reform.

Ventura County Supervisor Peter Foy was lambasted Tuesday for his proposal to submit future public pension increases (except COLA adjustments) to the voters. Not only did the proposal fail to even get seconded, Foy was subjected to a hail of criticism.

A public employee union attorney said the bill was poorly written and that Foy was derelict in his duty if he couldn't make decisions on his own. A senior county planner echoed that sentiment, saying that Foy abdicated his responsibilities as an elected official.

Just so that I understand correctly: seeking the voters' input is an abdication of an official's responsibility? Keeping the voters in mind IS their responsibility!

Another public employee said that Foy's proposal does nothing to address the "real" problems in Ventura County, as if the supervisor hallucinated that the pension fund costs the county $2.5 billion.

Supervisor Steve Bennett was kind enough to make a PowerPoint presentation highlighting all the reasons why Foy's proposal is unworkable.

Of course, the public beatdown of Supervisor Foy is the exact reason why we have out of control pensions in the first place--people are intimidated from even bringing it up. A simple 4-1 vote would have sufficed, but instead Foy had to be punished first.

Meanwhile, the county, state, and the country are pushed even closer to fiscal disaster.





Union member: letting voters decide pensions is waste of taxpayer money

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If Supervisor Peter Foy had his way, voters would have to approve any pension increase for county employees. According to one union member, having a say in the out-of-control pension system is a "waste":

"The voters voted for him to make this decision, and now he's going to put it back on the voters," she said. "I think it's a waste of taxpayer money."

That sounds like something the officials of Bell would say to a proposal to let the public decide if they should get a salary increase. Does the union member think that putting that on the ballot would lose Bell money? Hardly.

A major problem of pensions is that they are constructed as defined benefit pensions rather than defined contributions. If a pension is supposed to earn 8 percent annually, for example, and the stock market tanks, the taxpayer is on the hook for that 8 percent increase.

Does that sound like your pension, oh you of the private sector? That system is bleeding our government dry of public funds. 

While I'm not convinced that voters won't fall under the same union spell that's placed California on the verge of bankruptcy (e.g. fattening education workers' wallets to "help our kids"), it's a step in the right direction.

With Simi and Ventura seemingly stuck with paying partially for the retirement of the Bell officials, that experience hopefully will spur local interest in general pension reform proposals like that of Supervisor Foy's.

Ventura County Star goes 11 for 11 in endorsements

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Voters agreed with all eleven recommendations of the editorial board of the Ventura County Star. It either has an uncanny finger on the pulse of Ventura County (and the state), or its coverage is so trusted that voters take it to heart when they vote.

The Star endorsed Geoff Dean, Linda Parks, Peter Foy, Steven Hintz, Mark Lunn, and Paul Blatz. All five candidates were the top vote-getters in their respective races (although Hintz will face a runoff in November).

All five of the Star's recommendations on the props came to fruition as well.

It should be noted that the Star isn't trying to predict victory--it's merely selecting who the best candidate would be for each office. Voters overwhelmingly agreed with the newspaper, particularly with the surprisingly large wins for Dean and Parks who were involved in tough races. It's difficult to assign cause-and-effect as to whether the Star's coverage influenced the outcome or ran parallel to voter attitudes. [continue reading]

IngeMusings
Topic
This blog attempts to add perspective and context to local and national politics, through a variety of disciplines, such as history, economics, and philosophy--all tempered with common sense. About the author

Eric Ingemunson's commentary has been featured on Hannity, CNN, NBC, Inside Edition, and KFI's The John and Ken Show. Eric was born and raised in Ventura County and currently resides in Moorpark. He earned a master's degree in Public Policy and Administration from California Lutheran University. As a conservative, Eric supports smaller government, less taxation, more individual freedom, the rule of law, and a strict adherence to the Constitution.
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