Rep Candidate Calls for â€œReal Reform to Avert Fiscal Failureâ€
[ed_note]We received this message from Dan Winslow, candidate for 9th Norfolk State Representative[/ed_note]
State Representative candidate Dan Winslow, the former Presiding Justice of the Wrentham District Court, today endorsed the Massachusetts Taxpayers Foundationâ€™s (MTF)Â proposed reforms of the stateâ€™s public pension and benefit systems. â€œMassachusetts taxpayers are paying more and more to support public sector employees with compensation, pensions and benefits that most private sector employees do not have and never will be able to afford for themselves and their own families,â€ Winslow said. â€œWe need to end this imbalance as a matter of fairness as well as a matter of fiscal prudence.â€
The MTF has proposed that town officials have the power to design cost-saving health insurance plans for local employees.Â They alsoÂ haveÂ proposedÂ other cost-saving steps to reduce municipal health care costs, whichÂ have grown from 6 percent of local spending to 14 percent today to a projected 20 percent in 2020. â€œAnyone who can do math knows that the current system is unsustainable. We need to unstack this house of cards by real reform to avert fiscal failure,â€ Winslow said.
For public pensions, the MTF has proposed to cap public pensions at $100,000 yearly and to increase the minimum retirement age from 55 to 60 for non-public safety employees. Winslowâ€™s reforms would go even further: Winslow released aÂ position paper that calls for a shift of the public pension system from a defined benefit plan to a defined contribution plan for non-vested public employees like most private sector employees have. Winslow also would consolidate the dozens of separate public pension systems into a single state pension system administered by the State Treasurer to eliminate duplicate management costs and waste.
â€œI think it is important for legislators to treat themselves the way they treat others,â€ Winslow said. â€œFor that reason, if Massachusetts adopts this reform and converts to a defined contribution pension system, I will voluntarily give up my current pension benefits and join the contribution plan instead.â€