25 February 2008
So that's how it works
Legislation to close a loophole in state law that allows some elected officials to retire with pensions bigger than the salaries they earned on the job has survived two committee hearings. But it is still questionable that a bill to abolish the loophole will become law this session, since numerous attempts in previous years have failed.
Republican lawmakers are trying to get the enhanced pension benefits abolished.
This is the, you should pardon the expression, money quote:
Lobbyist Dave Herbert, former state senator who represents county officers at the State Capitol, said it is only right that they get the enhanced benefits. "You suffered through a crappy old government job so you could have a decent pension when you retired," he said.
Ah, now we see the motivation inherent in the system.
Disclosure: I think I used to be in Herbert's Senate district, back in the days of the CrappiFlat™.Posted at 1:54 PM to Soonerland