Monday, February 28, 2011

A pension is not a "benefit"

David Cay Johnson corrects his colleagues' reporting on what is really going on with respect to Gov. Walker's power grab in Wisconsin.

Out of every dollar that funds Wisconsin' s pension and health insurance plans for state workers, 100 cents comes from the state workers.


That is, workers have bargained for lower pay in order to fund their pensions and health care. Read the whole thing.

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