Wage theft is wage theft regardless of the ages of the teachers.
The legislative mandate of taking money as deferred compensation to keep it safe as a future pension while promising that it will not be there when it is needed is wage theft. Active teachers across America have this occur with every paycheck.
Retired teachers are having their constitutionally and contractually protected payment agreements re-legislated after the legal agreement. Law suits are presently underway across America to stop both forms of wage theft. The main court battles are in Republican dominated New Jersey and Democrat dominated Illinois. To be perfectly clear, it’s not about political issues; it’s about corporate greed and control.
“The courts will decide,” according to same state legislatures who have systematically stolen from public pension funds for decades.
So, the Koch Brothers, Wal-Mart, Dow Chemical, Pfizer Pharmaceuticals, and other major corporations and billionaire owners are attempting to influence the judges who will make these and similar future interpretive decisions. Yes, it bought enough legislators from both political parties to pass the legislation violating the legislators’ oaths of office to protect Wage theft is wage theft regardless of the ages of the teachers. | Reclaim Reform: