Notes From Babel

Assessing the Constitutionality of Upwardly Spiraling Pensions

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Last week, California Attorney General candidate John Eastman made an exciting promise that, if elected, he would tackle the state’s crippling unfunded pension liability problem by considering a challenge on the constitutional validity of such pension contracts.  I spent the weekend researching these constitutional provisions and the various cases interpreting them, as well as Orange County’s ongoing litigation against the Association of Orange County Deputy Sheriffs.  I will post an analysis later this week.

Public employee unions and their stranglehold on state and local politics may be finally nearing the end of their heyday as widespread opposition continues to mount and their unfunded benefits being to put real hurt on the rest of us.  Steven Greenhut’s excellent book Plunder! is a must-read for the uninitiated.

In related news, Orange County sheriff deputies recently agreed to start kicking in for their generous “3 percent at 50” retirement plan.

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Written by Tim Kowal

February 8, 2010 at 11:54 pm

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