By: Diane Benjamin
The taxpayers of Bloomington have been abused by their chicken government. I’m talking about pension spiking. It’s bad enough taxpayers with no pensions are forced to pay for the retirements of highly paid city employees. It’s worse when they are allowed to increase their retirements at your expense when it’s easily avoidable.
Because of a law passed in July of 2016, Bloomington now has to disclose every pension spike. Monday night another one is on the agenda of the Special meeting. PDF page 9, http://www.cityblm.org/Home/ShowDocument?id=15360
Since the government supposedly working for you can’t bring themselves to stop pensions spiking, now you get to pay a penalty – $22,453.39.
All the City has to do to avoid this expense is write the check one day after the employee retires. The employee still gets the money, you don’t have to pay a penalty, and the City would still have close to $2,000,000 to spend on essential services.
On the same agenda:
The minutes will never be released because the Council likes their secrets too much. (Tom Hamilton’s reviews are still a secret!)
More pending litigation? Of course that’s a secret too.
The City (crying over structural deficits they created) wants to buy property? Another secret!