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Hamden pension problem is politics as usual
Anyone who has followed Hamden politics shouldn't be surprised at the pension fund problem.
The consultant hired by the town recently proposed a number of options, which included a scaled-back tax increase, concessions from town workers, implementation of 401(k) plans and the securing of a pension obligation bond from the state.
With the mayor preparing to announce the new town budget, the only question is will it be politics as usual.
If one were to listen to police union President Ambrosino, town workers shouldn't be asked to concede anything since the fiscal mismanagement that has plagued this town for decades is not their fault. Neither is it the fault of Hamden taxpayers who have had to absorb consecutive tax increases over the last several years.
I'd like to think differently but since it's an election year, I'm afraid the answer to that question will be politics as usual.
Frank DePino
Hamden
The consultant hired by the town recently proposed a number of options, which included a scaled-back tax increase, concessions from town workers, implementation of 401(k) plans and the securing of a pension obligation bond from the state.
With the mayor preparing to announce the new town budget, the only question is will it be politics as usual.
If one were to listen to police union President Ambrosino, town workers shouldn't be asked to concede anything since the fiscal mismanagement that has plagued this town for decades is not their fault. Neither is it the fault of Hamden taxpayers who have had to absorb consecutive tax increases over the last several years.
I'd like to think differently but since it's an election year, I'm afraid the answer to that question will be politics as usual.
Frank DePino
Hamden
posted by Matt DeRienzo at
7:57 PM
1 Comments:
But it is the town workers fault, and the tax payers of Hamden. Elections have consequences and people need to quit putting incompetent political ideologues in office. You keep voting for socialism, well this is what it looks like - bankrupt cities.
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