Public Employee Pensions

WHEREAS:

Public employee pension fund assets have increased dramatically in the past ten (10) years as a result of huge profits from stocks and bonds; and

WHEREAS:

Public employer contributions have decreased in most cases; and

WHEREAS:

Public employee pension benefits that were previously reduced during previous fiscal crises have, in most instances, not returned to the same level; and

WHEREAS:

Employee contributions have either remained the same or been increased over the years.

THEREFORE BE IT RESOLVED:

That AFSCME support efforts to improve public employee benefits and/or reduce employee contributions to such plans.

SUBMITTED BY:

Roy Commer, President and Delegate 
Vincent Sawinski, Delegate 
AFSCME Local 375 , Council 37
New York