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	<title>Comments on: Most Union City employees accept pay cut</title>
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	<link>http://www.ibabuzz.com/tricitybeat/2010/08/25/most-union-city-employees-accept-pay-cut/</link>
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		<title>By: Marty</title>
		<link>http://www.ibabuzz.com/tricitybeat/2010/08/25/most-union-city-employees-accept-pay-cut/comment-page-1/#comment-13814</link>
		<dc:creator>Marty</dc:creator>
		<pubDate>Thu, 26 Aug 2010 01:30:35 +0000</pubDate>
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		<description><![CDATA[&lt;i&gt;I guess you can’t roll back pension benefits under California law.&lt;/i&gt;

A city can decide to not renew employee contracts, and offer them a job with a 403b retirement plan.  Cities would save a bundle over continuing contracts with current city employees, especially those younger than 50.

I think the term &quot;reduction in pay&quot; is being used loosely.  Their pay rate remains the same, it&#039;s the amount of work available that has changed.  

Regardless it is sad how the boomers shamelessly eat their young.  The incoming generation of workers are taking it from every end, and I feel sorry that such a selfish and self entitled generation has had such a profound effect on the livelihoods of the two generations that proceeded them.]]></description>
		<content:encoded><![CDATA[<p><i>I guess you can’t roll back pension benefits under California law.</i></p>
<p>A city can decide to not renew employee contracts, and offer them a job with a 403b retirement plan.  Cities would save a bundle over continuing contracts with current city employees, especially those younger than 50.</p>
<p>I think the term &#8220;reduction in pay&#8221; is being used loosely.  Their pay rate remains the same, it&#8217;s the amount of work available that has changed.  </p>
<p>Regardless it is sad how the boomers shamelessly eat their young.  The incoming generation of workers are taking it from every end, and I feel sorry that such a selfish and self entitled generation has had such a profound effect on the livelihoods of the two generations that proceeded them.</p>
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