Showing posts with label Double Dipping. Show all posts
Showing posts with label Double Dipping. Show all posts

Saturday, August 3, 2013

Republican Rep. Tom Petri Big on Double-Dipping. Any Conservative Taxpayers complaining, protesting at the Capitol?

While Republican politicians say “tough” to Detroit's retired public employee pensions negotiated by union bosses, our elected public employees have no problem thumping their chest declaring they deserved to keep their own “hard earned” pensions.

We’re talking about Republican Rep. Tom Petri:
Wisconsin Reporter- M.D. Kittle: Now into his 18th term, Petri, is the beneficiary of a $174,000 annual salary and will ultimately benefit from what the National Taxpayers Union calls the “single most personally valuable perk to a Member of Congress” – his federal government pension plan … the veteran congressman expects to earn a pension north of $100,000 per year, based on his earnings and what would be his 36 years in Congress upon the close of his latest term. “Congressional pensions are typically 2-3 times more generous than those offered to similarly-salaried workers in the private sector,” the National Taxpayers Union asserts on its website.
Where are the outraged Republican voters whining about their taxpayer supported politicians getting something they’re not in the private sector? This is what the whole union busting fiasco in Wisconsin was all about, right?

But it gets even worse, and more hypocritical. It even includes what state Republicans just legislated against, double dipping:
But Petri isn’t waiting to draw a federal pension … after a six-year political career in the Wisconsin state Senate … Petri collected $14,878 from his Wisconsin Retirement System pension, in which he was vested after five years of public service. Since 2008, the congressman has pocketed some $64,000 in state legislative pension payments, according CRP, a campaign fundraising and political information tracker. Petri sees nothing wrong with cashing the pension checks he rightfully earned.

“Rep. Petri simply believes that he earned his state pension through his public service in the state legislature and he has chosen to take it at this time,” Petri spokesman Lee Brooks said in an email to Wisconsin Reporter.
But it doesn't matter what Republican Rep. Petri “believes,” because it runs counter to "stand with Walker" voters:
The Joint Finance Committee mostly adopted Gov. Scott Walker’s budget proposal to prohibit full-time or nearly full-time employees from collecting a pension, known as “double dipping.” Retirees who want to return to public employment would have to wait 75 days, up from 30 days … public employees who work more than 1,392 hours a year wouldn’t be allowed to collect a pension from the Wisconsin Retirement System.

But to critics, the practice of congressional members drawing government pensions while building potentially hefty federal pensions stinks of double-dipping. That’s how congressman Ron Kind sees it:
“It does smack of a bit of double-dipping,” he told Wisconsin Reporter. “That’s an increased financial burden on taxpayers.” 
He said he’s hopeful his congressional brethren will “delve into” the issue, following the lead of states that have curtailed the practice of drawing from other public pensions while still being paid to serve the public.
U.S. Rep. Gwen Moore, D-Milwaukee,  in 2011 collected $13,628 in legislative pension payments, and $7,770 from the Wisconsin Deferred Compensation Fund … U.S. Rep. Jim Sensenbrenner, R-Menomonee Falls, has collected nearly $100,000 in state pension payments since 2008. The long-time politician would collect an annual federal pension payout of well above $150,000 for 36 years of service.

Any Republican voters want take this “double-dipping” pillaging of taxpayer money on…crickets?

Wednesday, May 22, 2013

Double Dipping good for Schools, Bad for Teacher hating Republicans.

Taking further aim at the teaching profession, Republicans hate it so much when teachers collect benefits earned previously and get them after going back to work for less, that they want to penalize them or just stop them completely. We're talking just 2,800 employees. Worth it?
jsonline: Public workers would have to wait longer, 75 days after retirement before they could return to the government workforce and in some cases would be barred from receiving retirement benefits while working the new job, under a double-dipping provision Republicans on the Legislature's budget committee … The measure passed 12-4, with all Republicans voting for it and all Democrats voting against it.  
This will cost taxpayers...of course, like everything else base on pure ideology. They are the great envious judges of unfairness.



It seems almost everything Scott Walker and his "pet legislature" is doing is costing taxpayers more and more. Job training for FoodShare will cost taxpayers $26 million a year, turning down Medicaid expansion will cost $73 million, not to mention businesses paying up to $36 million a year for employees, interest on borrowed road construction costs and interest, costly changes to voting regulations, public schools raising taxes to make up for lost voucher money...that's just a sample. And then on top of that, he wants to throw away the upcoming internet sales tax revenue on cutting income taxes even more.

And when we go from feast to famine...how's that going to work out?