But if ye do not forgive, neither will your Father which is in heaven forgive your trespasses. ~Mark 11:26

Government Employee Pensions Bankrupting Phoenix

Posted: 2017-06-05

May 26, 2017 Sal DiCiccio

 

Read my letter to the City Manager expecting full transparency and accuracy regarding his plan to raise pension debt at least another $1.5 billion (most likely the true cost will be much higher).
Pls help by sharing. We really need to get the public informed on what is going on behind closed doors
Thank you
UPDATE: 4:59 pm 5.26.17
I received a letter from the city manager with very little useful information. He still has refused to send me the assumptions on which he is basing his plan to increase the pension debt....which should be something that is readily available. Also, absolutely no timeline as to when the public is going to get this information and the numbers associated with the pension debt increase.

Ask these questions: Why are the politicians and city staff destabilizing the police and firefighter pension plans? Why are they not doing this to their own pension plans?

Phoenix made a contract with our police officers and that contract needs to be held. What we're talking about here is the employer contribution side. The police officers have fulfilled their side of the agreement. Now Phoenix politicians and staff are looking at putting the entire system in jeopardy. Phoenix is about to put at risk police officer's pension. All you have to do is look around the country and see what government's that have piled debt upon debt have done to their obligations.
You only need to ask yourself one question. Adding at the very minimum another $1.5(actually more than $2 Billion) billion in more pension debt, does that help or hurt you?
Share this article on:   Facebook    Google+    Twitter

 

Enter comments below:

Your Email:
Validation Code from Graphic:
Enter these characters in the field above.


(Comments subject to review before being published.)


 

Phoenix Article Summary
Replies
PostedArticle TitleTotalPending
2017-12-11 Phoenix Planning to Raise Taxes Again 0 0
2017-06-05 Government Employee Pensions Bankrupting Pho... 0 0
2016-07-05 New Phoenix Property Tax Increase Passes By ... 0 0
2015-11-24 THE RAPE OF ARIZONA Part II 0 0
2015-10-17 City of Phoenix affordable housing - profits... 0 0
2015-08-02 Phoenix $31B Train Wreck 0 0
2015-07-14 HELP KILL PHOENIX LIGHT RAIL 0 0
2015-06-29 Light Rail: The Boondoggle That Will Never P... 0 0
2015-06-23 Arizona Receives A Credit Upgrade From Moody... 0 0
2015-06-19 Unions Are Bleeding Phoenix Dry 0 0
2015-06-19 Stanton hands out $17 Million in Pay Raises ... 0 0
2015-06-12 Phoenix is on its way to becoming Detroit 0 0
2015-05-08 Phoenix mosque caught lying about membership... 0 0
2015-03-22 ACTION ITEM! CITY OF PHOENIX TO ISSUE ID CAR... 0 0
2015-03-22 Phoenix Becoming Detroit 2.0 0 0
2015-02-27 More Teachers? Better Education? Not if Mayo... 0 0
2014-11-13 Phoenix Rejects Fiscal Sanity 0 0
2014-11-12 Phoenix: $1 Million taxpayer dollars - WASTE... 0 0
2014-10-26 More Government Waste‏ In Phoenix 0 0
2014-10-26 Mayor Stanton Betrays Police/Fire/Public...V... 0 0
2014-10-23 Fork It Over Taxpayers! 0 0
2014-10-21 Marxo-Fascist activist caught on video stuff... 1 0
2014-10-19 Fireman Gets $1.1 Million Payout At Age 53 +... 0 0
2014-10-17 Vote YES 487/Stop Pension Abuse 0 0
2014-10-15 Phoenix Librarian collected more than $286,0... 0 0
2014-10-10 Outrageous Public Employee Pensions 0 0
2014-10-06 Phoenix City Employees Cash Out Big! 0 0
2014-09-28 Phoenix New Times Linked To Sex Trafficking ... 0 0
2014-08-01 SATURDAY AUGUST 2, 2014: Common Core Throw D... 0 0
2014-07-12 Pension Reform & City of Phoenix Conflict of... 0 0
2014-06-25 Mayor Stanton's Broken Promises Cost A Lot 0 0
2014-06-16 BREAKING! TEACHERS FEAR RETRIBUTION FOR REPO... 0 0
2014-06-14 IZLAMIZATION OF AZ SCHOOL CHILDREN: ISB Surv... 0 0
2014-06-14 The Taxpayer Funded Millionaires Next Door 0 0
2014-06-04 ACTION ITEM! TAKE THIS COMMON CORE POLL NOW! 0 0
2014-06-03 Is Phoenix Building the Taj Mahal?‏ 0 0
2014-05-15 RINO ALERT! David Pheanis 2 0
2014-04-11 Phoenix Budget Crisis II: Government Union S... 0 0
2014-04-02 Sal DiCiccio: No More Cuts To Police 0 0
2014-03-15 Agenda 21 Delphi Meeting Schedule: The Railr... 0 0
2014-03-15 Agenda 21 Conceptual Plans For Phoenix 0 0
The Latest


The Latest (cont.)


If you would like to get the latest news from EVNN,
just send an email to eastvalleynewsnetwork@gmail.com
and say "Sign me up" and you will receive
our daily news digest at your inbox.
national debt

 

 
Catching the News that others let get away...
 
- Sitemap -