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Vermont’s Own Pension Chicken Little, David Coates, Will Be Promoting Alarmist Pension Theories At “Invitation Only” Conference
Vermont’s own pension Chicken Little, David Coates, will be leading an upcoming "invitation only" conference to promote his annual "the pension sky is falling" theory, which is that underfunded teacher and state employee pension plans are ruining Vermont. In the past, VSEA President Dave Bellini has called out Coates for being an alarmist about a state employee pension system that is actually pretty well funded, compared to most states, and continues to hold its own, even given the volatility of the stock market.
New Study Affirms Public Employees’ Strong Support For Defined Benefit Pension Plans Versus A 401K
The proposal to dump public-sector workers into 401K retirement plans is all the rage when states and lawmakers are looking for ways to save taxpayer dollars, but not so fast.
Read VSEA’s Week In Action Newsletter: August 25, 2017
Top Stories This Week:
- State Not Yet Saying How $5 Million Savings Will Be Achieved
- September 4 Is Deadline To Vote In VSEA Officer Election!
- Non-Management Unit Members Urged To Vote On Proposal
- VSEA Legislative Committee Surveying “Group C” Retirement
Plan Members - August 30 Is Deadline To Participate In Membership Recruitment Committee’s Engagement and Recruitment Initiative
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Read VSEA’s Week In Action Newsletter: August 18, 2017
Top Stories This Week:
- Bargaining With State Begins Anew
- Phew… Vermont Services Spared More Cuts In State’s Latest Rescission Plan To Address Budget Deficit
- President Bellini Wants Your Cost-Savings Idea(s)!
- District 2 Board Seat Ballots Emailed Today!
- Did You Receive Your Link To The VSEA Officer Election Ballot?
Read the entire newsletter here!
View the Week In Action Newsletter Archive!
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