The Explanation as to why city employees have not yet received their 4% budgeted raise. They will get it but now it's a matter of when--will one side cave in to the other's demands? I think the city is holding the cards as they are the ones who actually pay out the money. And we need a retirement plan that makes sense in today's economic climate. This blog has discussed the pension subject on numerous occasions.
Basically, the city wants to negotiate the Pension part of the Contract separately and the unions insist it be a part of the new Contract.
The commission never talks about the pensions that have bled this city dry, a part of the uncontrollable costs amounting to 69.31% of the entire last year's budget. But in the meantime, employees need their promised raise.
5 comments:
'unfunded liabilities'
I agree they should be separate but the city just needs to give the employees their raise already, 9 years and no raise...no nothing... Its amazing they still anyone at all. Now i think the city should at least honor the people that currently are or close to the 10 year mark for the 20 years of service for retirement to collect, isnt 20 years of your life worth it to be able to relax & enjoy retirement? Its literally only about 30 or so employees out of the entire employee count that would even be near or more than 10 years. But again why stay working in a city that blatantly doesnt care about their people oh they love putting on a show for the public or for votes. The job openings say enough that no one wants to work for LW anymore. Until the city puts their people first the turnover rate will continue to rise to where as talks about retirement wont matter because no one will there long enough to even worry about it. People work for LW to gain experience then transfer elsewear to companies that actually care about them. Ask any employee they'll tell you the truth or ask Bornstein and heel lie straight to your face with a big smile while twirling his bowtie. Wake up Lake Worth.
Yes, they need "The DOnald". He is exactly what LW needs.
As it stands right now the city requires a employee to work 30 years to be eligable for retirement pay out and must reach retirement age of 62 to collect. Who in their right mind would stay in this city for 30 years with zero or pathetic raises? People say tje city is broke blah blah blah. Well if its so broke maybe cut down the CM & Department Heads pay a lil... But no... Lets screw the employees. I agree with you ANON 8:47, no wonder their are tons of jobs available because no one wants to work for Lake Worth. I feel bad for the employees that were close to 20 years before they changed it. They pulled the rug right out from you all.
The union is fightning for the employees but unfortunately they always lose and thats why everyone is jumping ship from the Union. Why pay union dues if they always lose. Its almost January and they still havent seen that pathetic 4% pay raise in 8 years. What a joke.
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