New Jersey
Related: About this forumJack Ciattarelli Campaigned on Ending Pensions, Healthcare for Retirees
When Jack Ciattarelli first announced his bid for New Jersey governor in October 2016, he made public worker benefits reform a centerpiece of his platform. In his launch speech, Ciattarelli outlined proposals that would have sharply reduced retirement security for public worker
He called for eliminating post-retirement health coverage for anyone whose pension and Social Security income exceeded $50,000 annually, effectively stripping many middle-class retirees of the health plans they relied on and potentially the doctors tied to those plans.
Ciattarelli also proposed phasing out the states traditional pension system by shifting all new hires and employees with less than ten years of service into 401(k)-style defined contribution accounts. At the same time, he vowed to end so-called Cadillac health insurance plans, echoing language from the Affordable Care Act.
Ciattarelli's proposals would have been sweeping, negatively impacting workers counting on pensions. The Republican candidate proposed switching workers to riskier retirement accounts, and retirees who had earned benefits through decades of service could be denied health coverage outright.
https://meidasnews.com/news/jack-ciattarelli-campaigned-on-ending-pensions-healthcare-for-retirees

3Hotdogs
(14,678 posts)reduced or eliminated for persons already retired. Also, those existing pensions could not be reduced for people already retired.
Eliminating Cost of living adjustments was allowed under the ruling.
Public employees that retired after Chris (piece of shit) Christie's directive could receive lower health care funding from the state.
I retired in 2006. I'm grateful that my Medicare is fully paid for by the state pension fund. But I have not had a C.O.L.A. increase in 16 years. My pension continues to decline in value, every year.
Maggots complain about paying for our pensions. The problem is, as a state employee, I/we had no choice but to put out retirement savings into the state plan. If I had the opportunity to invest my money in an IRA, I would have been better off today.
no_hypocrisy
(53,408 posts)our town's Board of Education. And she incensed that tax dollars had to fund the medical and dental of retired teachers.
What got me was that she was a former teacher and that she was comfortably married to a doctor and didn't have to be concerned/worried about how to pay for the infirmities that come with being over 65.