Friday, October 28, 2011

Gov. Barbour in 2009: Look at cutting PERS benefits

Here's an interesting find from a loyal reader. In his FY2011 Budget Letter, Gov. Haley Barbour said the following:
To ensure pension sustainability, consideration should be given to modifying the current benefit structure, including accrual rates and automatic cost­ of­ living adjustments, for current and prospective state employees.
Still think Republicans won't decimate PERS if they gain control of the House? Mighty big gamble to take there....

1 comment:

pinebelt said...

Matt, Also if pers was in need of restructing in 2009 why no commission then? Everyone has been saying Barbour made a mistake by forming now. I don't think so. He is just providing cover for Bryant and company when they do push to change. Wouldn't suprise me to see him lobbying for the company that would benefit from this grab.