New Yorker Magazine Article on Pensions


Deadbeat Governments

by James Surowiecki December 23, 2013

’Tis the season for taking retirement benefits away from public workers. In Detroit, an emergency manager has steered the city into bankruptcy, in part to avoid its pension obligations. In Illinois, the legislature just passed a bill cutting pensions and raising the retirement age for state workers, in the hope of saving a hundred and sixty billion dollars in pension costs over the next thirty years. And these moves are only the most dramatic instances of a broader trend: between 2009 and 2012, forty-five states passed some kind of pension reform. Pensions are supposed to be dull and reliable. But they’re now the locus of bruising political battles.

The reason is simple: though plenty…

AFSCME Council 73

Welcome to AFSCME Council 73

AFSCME, the American Federation of State, County and Municipal Employees, AFL-CIO, is the nation’s largest union of public employees, with over 1.6 million members. The New Jersey Council of State, County and Municipal Employees, AFSCME Council 73, is one of the 65 district councils that are affiliated with AFSCME international. Council 73’s 10,000 affiliated members work for cities, counties, the State, the private sector and other local units of government.

In the AFSCME structure, local unions join together in Councils so that their Council can provide professional representation, administrative services, research, education and training and International resources to their members. AFSCME Council 73 was chartered by the International Union in 1971 to provide administrative and representational services to AFSCME Local Unions in Central New Jersey. Since then the Council has grown to represent more then 10,000 public and private sector workers in 66 Local Unions in New Jersey. Read more