tag:blogger.com,1999:blog-11415684.post3969017859413973992..comments2024-01-10T06:40:26.416-05:00Comments on Chesterton and Friends: Unknownnoreply@blogger.comBlogger3125tag:blogger.com,1999:blog-11415684.post-70373966095284475782011-03-23T13:17:27.208-04:002011-03-23T13:17:27.208-04:00Technically, it is not a 'salary reduction'...Technically, it is not a 'salary reduction' because the salaries are the same. But it IS a reduction in net income.<br /><br />Part of that will be offset by adopting techniques such as HRA/HSA pre-tax deductions for health expenses. Maybe the unions will finally see the virtue in those devices, eh?<br /><br />The other part? Well....Dad29https://www.blogger.com/profile/08554276286736923821noreply@blogger.comtag:blogger.com,1999:blog-11415684.post-27690814348635699422011-03-22T19:15:46.918-04:002011-03-22T19:15:46.918-04:00I know it's tough and it has to be done. We he...I know it's tough and it has to be done. We here in Ohio are facing the same thing. Keep in mind though that giving $200.00 a month and additional 5.5% of salaries is a salary reduction.Alan Capassohttps://www.blogger.com/profile/05907570549456483727noreply@blogger.comtag:blogger.com,1999:blog-11415684.post-47696515527878074882011-03-22T13:50:03.365-04:002011-03-22T13:50:03.365-04:00Fortunately, in Wisconsin, we are NOT thinking of ...Fortunately, in Wisconsin, we are NOT thinking of 'reducing salaries' of teachers.<br /><br />Here, the teachers are being required to contribute ~$200.00/month toward their health-insurance plan and another 5.5% of their salary toward their retirement plan.<br /><br />The same is being required of all other public-employees on State or local payrolls.<br /><br />Wisconsin's deficit will be $3.6 billion (or about $1.8 Bn/year). Too bad, but it can't be helped.Dad29https://www.blogger.com/profile/08554276286736923821noreply@blogger.com