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She wasn't afraid to "walk into the belly of the beast" and tell the unions point-blank that "you were lied to [by former politicians] and the system is broken.
She drove perhaps the boldest pension reform of the last decade through the state's Democratic-controlled General Assembly. The new law shifts all workers from defined-benefit pensions into hybrid plans, which include a modest annuity and a defined-contribution component. It also increases the retirement age to 67 from 62 for all workers and suspends cost-of-living adjustments for retirees until the pension system, which is only about 50% funded, reaches a more healthy state.
Read about The Democrat who took on the Unions and won.
What will Lake Worth do? So far, elected politicians have sucked up to the Unions. We have never had a city administrator with the guts to try and do anything about our unfunded liabilities and union benefits until we hired our former city manager.
2 comments:
Hey Lynn, Was Bornstein questioned about the unions? Was he questioned about Sun Recycling? Or perhaps they were just mesmerized by the bow tie!
Time will tell if Mr. Bornstein is his own man or only there to do the will of politicians.
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