“Governor Andrew Cuomo’s proposed budget lays out some complex challenges in many areas. CSEA remains concerned that the governor seems out of touch with the day-to-day challenges that public workers in both state and local government face as a result of his budget priorities. Too many necessary services in every part of the state are deteriorating because people are working short staffed and at risk without adequate equipment, training and backup.
“CSEA has no hesitation in saying that the proposal for a new public employee pension tier is an assault on the middle class and a cheap shot at public employees. It will provide no short-term savings and will mean people will have to work longer, pay more and gain less benefit. Simply put, the Tier VI provisions would be onerous on working people and undermine middle class security and the governor ought to be more concerned about that.
“The governor’s proposal of a 401K style option as part of Tier VI would certainly be attractive to highly paid political appointees who could max out their contribution, have it matched by the public employer and take it with them as they come and go. It’s a lot different for front-line career employees who have to worry about whether being at the mercy of Wall Street ups and downs will provide them with adequate retirement security 30 years from now.”
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| CSEA President Danny Donohue photo: provided by CSEA |
CSEA president Danny Donohue responds to the proposed 2012-13 NYS Budget:
“Governor Andrew Cuomo’s proposed budget lays out some complex challenges in many areas. CSEA remains concerned that the governor seems out of touch with the day-to-day challenges that public workers in both state and local government face as a result of his budget priorities. Too many necessary services in every part of the state are deteriorating because people are working short staffed and at risk without adequate equipment, training and backup.
“CSEA has no hesitation in saying that the proposal for a new public employee pension tier is an assault on the middle class and a cheap shot at public employees. It will provide no short-term savings and will mean people will have to work longer, pay more and gain less benefit. Simply put, the Tier VI provisions would be onerous on working people and undermine middle class security and the governor ought to be more concerned about that.
“The governor’s proposal of a 401K style option as part of Tier VI would certainly be attractive to highly paid political appointees who could max out their contribution, have it matched by the public employer and take it with them as they come and go. It’s a lot different for front-line career employees who have to worry about whether being at the mercy of Wall Street ups and downs will provide them with adequate retirement security 30 years from now.”
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