I say dust off the copies off all previous total compensation surveys completed since the 90's and simply update the information. Why start from scratch again and reiterate what is known to many that have been around state government for more than a couple of terms?
As many of you are aware...state employee benefits have declined in recent years...insurance rates increased while coverage has decreased, it takes ten years to be fully invested (but I think this is different for our legislature), the deferred comp benefit was taken away several years ago, and retirement is no longer fully funded for employees starting after January 1, 2010 (I believe), this too may be different for our legislature...I'm not certain about that.
Last login: Wednesday, May 16, 2012
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