“Boot Camp” Examines Pension Cloud over Government Budgets
Under the shadow of the public employee protests roiling Wisconsin, the California Foundation for Fiscal Responsibility and other non-profit groups held a one-day "Boot Camp" tackling the issues of benefits to public employees in California.
While the major Wisconsin issue of repealing collective bargaining for public workers was not on the Boot Camp agenda, the meeting dealt with the costs of public employee benefits and the burden they will impose on local and state government budgets.
The Boot Camp was a working session for the 200 attendees in Irvine and 350 following online made up of local government public officials and others interested in the issue, not a rally against public employees. "This is not partisan and not ideological, this is based on numbers," said Jack Dean, the publisher of the website Pension Tsunami, which gathers information around the country on the public pension issue.
Dean said the system has to be fixed for both the worker and the taxpayers. Current employees will lose benefits if nothing is fixed, he said, and it is unfair to taxpayers because they have to guarantee the benefits.