Bolstered in part by Mayor Michael R. Bloomberg’s spending, the average New York City employee cost the city $107,000 a year in wages, health insurance, pension and other benefits in the 2008 fiscal year, an increase of 63 percent since 2000, according to a new report.there's more on the "special class":
City worker compensation grew twice as fast as that of employees in the private sector and elsewhere in the public sector during the same period, the Citizens Budget Commission said in the report, which was released on Thursday. The increase was driven by contractual raises that outpaced the inflation rate, and by the rising cost of health insurance and pension benefits, said the commission, a business-backed research group.
Part of the reason that health benefits have jumped so much, the report said, is the city’s longstanding practice, unchanged by Mr. Bloomberg, to pay 100 percent of health insurance premiums for employees and their families, as well as for retirees and their spouses. The report noted that “Most other employers require their workers to pay some share of the premium.”
Mayor Bloomberg and the NYC City Council want the rest of America to subsidize workers that cost $107,000 with TARP money.How fair,most of America makes less than this but are asked to pay for overpaid government workers.Being involved in the political process is a lucrative racket for those who've bought politicians.
