Police Pensions Non Sustainable

police car

In a study ” Fighting New Jersey’s Tax Crush, the report concludes that with average Police salary’s in excess of $80,000.00 and overtime averaging $20,000.00 are non sustainable. See http://www.app.com/taxcrush. For a national graph see http://www.payscale.com/research/US/Job=Police_or_Sheriff%27s_Patrol_Officer/Salary

Teacher, Police and other civil servants unions are acting as though they are a “privileged class” and have a sense of entitlement.   Obviously some areas of the nation are more dangerous than others and as such police officer’s working in  high crime regions you would think are better compensated than peaceful hamlets. However the opposite is true as the larger cities cannot afford larger salaries.

An example of taxpayer abuse is Clarkstown New York where the Police Chief is earning over $300,000.00. See http://www.nytimes.com/2009/05/03/nyregion/03clarkstown.html?_r=2&scp=1&sq=clarkstown&st=cse Many Police Officer’s can increase their pensions by earning overtime in their last 1-3 years of employment.  See http://www.timesunion.com/ASPStories/Story.asp?StoryID=760752

A New York fiscal watch dog is reporting that tax payers will have to increase contributions to municipal pension funds by 61% which they say are non sustainable.  See http://www.nyfiscalwatch.com/?p=1859

California has already announced that public pensions are non sustainable. See http://www.ocregister.com/articles/public-calpers-percent-2536874-pay-pension

Don’t wait for union leaders to act in good faith negotiations for just as politicians bring home the bacon to secure votes, union leaders are judged similarly.  Recently in New York, the Lawyer’s, Cops and Teachers Unions were all accused of improper lobbying of elected officials. See http://blog.timesunion.com/capitol/archives/category/lobbying/

It’s pure greed  just like  in Aesop’s fables and they are killing the goose that lays the golden egg.

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