Stopping the Drip, Drip, Drip
I posted a few weeks ago, regarding the quiet, unchecked potential expansion of legislation that would greatly increase pension costs.
So, its only fair that I give credit to the Joint Committee on Public Service for putting a severe limit on this type of behavior. They are requiring that all ‘reclassification requests’ (the practice of changing the classification level of an employee or class of employees, thereby increasing their pensions through statutory action; one of the many gaming techniques detailed here) come with an estimate of the cost and a written opinion from the Retirement Board that actually has to pay out the money.
Its apparently angered at least one of their colleagues, but we salute their common sense request to stop this type of wasteful behavior.