Now that we are in election mode we remember a proposition that should have but did not make the ballot because it was removed by the court. Fiscal responsibility begins locally, especially since many local officials climb the ladder to higher office. Thanks go to the Ventura County Taxpayer Association for pushing this measure in 2014. With permission we reprint their article:
8 Pension Reform Questions:
“We think that there are a number of important questions that voters should consider. The pension system is $1 Billion in debt and it takes an additional $100 Million a year in taxes to keep it afloat. Why do 4 of 5 Supervisors think we are doing fine?
What is so special about county employees that taxpayers should be expected to guarantee their retirements?
Why should taxpayers assume all the risk for the pensions of county employees and still have to assume the risk for their own retirements?
Does the county exist for the benefit of its citizens or for the benefit of its employees?
No one will lose their pension or their benefits. Why, then, are the unions spending so much money and working so hard to prevent voters from deciding whether they want to pay for a defined benefit plan (pension) or a defined contribution plan (401(k)) for future employees?
Do you really believe that the County is going to have trouble hiring? Here in Ventura County?
Why are the unions so willing to pass on the unfunded debt to their children and grandchildren?
Are you fed up with paying an extra $100 Million to pensions that could be going to things like libraries and roads and enhanced public services?”
No, we won’t be able to vote on county pension reform this November, but there will be other fiscal items that require our attention. For example, the City of Ventura will be voting on an increase in sales tax. Libertarians would like to see internal cuts before government organizations push for more of our money. Taxes should always be the last resort.