Statements about Retirement
"The Public Employee Retirement System is making more millionaires than the Oregon state lottery."
The Medicare drug program "resulted in the program coming in 40 percent under budget. ... And the reason it was, is because the design was right."
Members of Congress "receive full pay retirement after serving one term."
"Seniors will have to find $12,500 for health care because Republicans voted to end Medicare."
When you compare our state pension system "to other systems throughout the country, our benefits are not gold-plated. They are not rich. They are actually average or below average."
Says Florida's pension plan faces the same long-term funding problems as Social Security.
"No one in the private sector gets unlimited accruals of vacation and sick leave."
On whether state employees should contribute to their pensions.
"We are the only state in the country that state employees don't contribute [to their pensions]."
"There’s talk in Congress now about basically confiscating your private 401(k) or IRA plan and rolling it into Social Security to strengthen Social Security."
The new health care law will "force seniors into Barack Obama's government-run health care program."
Jerry Brown "gave California state employees collective bargaining powers" and "now, state employees can retire at 55 with much of their salary for life."
"You worked hard for your money and you paid your taxes when you earned it. Now, (Indiana Republican congressional candidate) Todd Young wants to tax it again when you spend it."
"Newspapers say Florida made bad investments, lost hundreds of millions of dollars, billions in pension funds lost. Who was in charge of Florida's investments? Alex Sink."
"Barbara Boxer voted to cut spending on Medicare benefits by $500 billion, cuts so costly to hospitals and nursing homes that they could stop taking Medicare altogether."
State pension fund staffers "lost billions. Then Sink gave them bonuses."
In Rhode Island "there are 150 different pension plans for public workers."
Says Rep. Ken Legler "voted against installing fire sprinklers and emergency power generators in nursing homes."
In 2004, "20 percent of U.S. households were getting about 75 percent of their income from the federal government. ... Another 20 percent were receiving almost 40 percent."
Members of Congress passed a pay raise for themselves of $10,000 over two years even as they voted not to raise Social Security benefits for 2010 and 2011.
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