Since 1998, California’s state workforce has grown by 31 percent and taxpayers now pay for more than 356,000 state workers…California has added over 13,000 employees to the state payroll during this recession.

“In the 1960s, just one out of every 20 California state workers received “public safety” pensions. Now, one out of three state workers receives the lavish public safety benefits originally intended for the firefighters and police officers who put themselves in harm’s way.

“California taxpayers pay 85 percent of the health care premiums for most active state workers, 100 percent of the health care costs for most state retirees and 90 percent of health care costs for their families.

“The public pension benefit increases passed in 1999 via SB 400, which offered retroactive benefit increases to government workers, were supposed to cost $650 million in 2010. That figure was based on CalPERS’s assessment of its “superior return on system assets.” The actual costs of SB 400 to taxpayers: $3.1 billion this fiscal year and $3.5 billion next year.

Read the Full Post Here

 

Print This.