Wednesday, April 09, 2008

Count on Massachusetts to think of this first

Just when you thought Kentucky's time bomb of a public employee benefit program couldn't get any worse, you realize our workers aren't going to court to demand pension payments based on their government-provided cars, Blackberries, and computers -- yet.
"In fact, he argued, if the court rules that the use of a car is considered income (though it's not taxed as such), it would open the door to future retirees claiming pension increases based on their use of computers, or even for health benefits."

Our public employee benefits plans are currently $26 billion in the hole. Kentucky's two-year executive branch budget is $19 billion.