Comments on: Pensacola Reaches Labor Agreement With Union

By: Rufus Lowgun

Rufus Lowgun — Thu, 14 Jun 2012 21:54:12 +0000

Good for the municipal employees for getting a raise, however small, and good to both sides in for negotiating. Unions are not the problem, nor are they the reason the economy is bad or the debt is high. Imagine, contributing to a pension fund throughout your working life, and then getting a modest retirement income when you retire. Sounds wonderful. Why people want to take that away from folks because they don’t have it, rather than trying to acquire that kind of security themselves, is a mystery to me. It always reminds me of the child who doesn’t want a toy until they see another child playing with it, then they pitch a fit.

By: Sandra

Sandra — Thu, 14 Jun 2012 13:52:40 +0000

In a nutshell, the city has been making minimum payments to their credit card (pension funds) for a very long time and now the interest (unfunded liability) is eating them up. If they had not been shirking their payments for all these years they would not be in the position they now find themselves in. Oh but the good city employees have made “concessions” to alleviate the problems..which translates to, a large number of employees who only averaged 19,000 per year retirement before, now will make considerably less. Oh joy

By: well

well — Thu, 14 Jun 2012 10:09:51 +0000

That is a small raise but what happened to noone is getting raises around here?
Oh yeah, they have not received them yet. Only considerations.