Gov. LePage demands sacrifice from state employees – except himself
Following the fight in Wisconsin, I found this tidbit on Maine’s own Tea Partier-in-Chief stunningly bad policy and politics.
From the Kennebec Morning Sentinel:
Under Gov. Paul LePage’s proposed budget, teachers and other state employees will be required to increase their contributions to the pension system, from 7.65 percent of their salary to 9.65 percent.One public employee currently paying 7.65 percent, however, won’t see an increase.
The governor has exempted himself.
While public employees and teachers face this increase, as well as a raise in the retirement age, a freeze on cost-of-living adjustments for current retirees and a 2 percent cap on future cost of living increases, LePage’s personal contribution rate to the retirement system will remain the same, which means he’ll be paying $21,420 over four years.
Mike Tipping goes on to also explain that after serving as governor, LePage will receive a pension that a teacher would have to work 25 years to earn. Tipping has more details and background at Maine Politics.