Walker: Budget Repair, Healthcare - Hidden Agenda, Retirees Beware
From that posting -
Another blog entry from 4/27 -Even more troubling, in a letter by the Governor to state employees, he directs -
“the Group Insurance Board to implement changes to health insurance plan designs to further reduce premiums by 5 percent and will implement health risk assessments for all state employees beginning on January 1, 2012. “What does this mean? Sounds like a clever way of saying you are going make some employees pay more for their health care than others!? Older employees perhaps? Diabetic employees maybe? Employees with preexisting conditions? With Governor Walker putting himself in charge of agency rule writing and review – who knows? There are over 500,000 state annuitants, who may or may not have associated health care, which they pay for in full – are they going to be impacted?
Walker's War on Safety Net - Public pensions face changes
________________________________An ounce of awareness is worth a ton of politics, of which the latter may be about to fall on many Wisconsinites. David Cay Johnston makes the point that 401K, are very inefficient investment vehicles. Think about it: 1) the time an individual has to devote, 2) the time and number of additional administrators required in organizations, and 3) the multitude of fees that administrators and investment vehicles collect (such as mutual funds). Finally, 401K are a tax break for those with any discretionary income.
... here is the Governor's letter ... bold and larger text has been applied by blogger ... you can wonder how much was or is true and how much was manufactured crisis - especially with $636M gains from tax collections.