I received a rumor in my email ... that the Gov is considering a 12% pay cut for all State workers ... it seems farfetched and outlandish ... however, I wanted to post the rumor as a rumor.
If you figure out what you have given back to the State since December, 2008 when the first furlough days were announced, including no increment and no cola, you will be shocked at the total. Mine comes to a little more than 10%, 14 furlough days in 18 months, $600 match to 401K, no increment, no cola....equals at least 10% of my yearly before tax salary.
So, in those terms, considering there will be a 3 billion dollar deficit for 2011, 12% cut is not that far fetched.
Scary to say the least.
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Well this may be another one of those deliberate union leaks so that when it is settled as a 10% cut instead of 12, they can boast of all the work they have done for us and the savings! My cynacism is growing day by day!
Ya, mine too.
Last email response I received from two separate unions regarding the 2.5% across the board rumor was that, "they never heard that."
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