I don’t know why you don’t just admit it. It’s obvious you’re wrong.

Secret meetings?? The meetings were open meetings for union members.

If the employee salary is reduced from $100 to $92, there will be a reduced payroll tax liability because the payroll tax will be based on the $92 and not the origianl $100.

OBA Leader ‘takes the cake’ for all of us. He admits that the OBA initiated the idea of a pay cut but they did not think of using the pensions as an means to do so – congrats Premier Cox – I think we will all agree in time that your proposal is simply brilliant.

Please check out how other boards work. An email should be sent out when a reply is posted. If you can’t do that, why ask for email addresses?

Please check out of other boards work. An email should be sent out when a reply is posted. If you can’t do that, why ask for email addresses?

Maybe people need to brush up party politics.

Excuse me while I puke.

so they will take a 12.5% gross wage reduction to be off set by them not contributing into the pension funds.
When they retire they will lose a year of service. if they worked 12 years instead of thier pension being calculaed at 12 years thier pension will be calculated at 11 years of service.

On to of this they are willing to take a nother 5% pay cut so their take home pay will be approx %5 less then what they are taking home now. un like what they are asking govt employees. Employees are only being asked to take an 8% to be off set by their pension contribution. Employess will also lose a year of service when they retire so instear of it being calculated at say 25 years it will be calculated at 24 years if they have put in 25 years of service.

In addition the Ministers MP’s and Senators have agreed to an additional 5% cut in pay.

12.5% will still be taken out of Ministers, MP’s and Senators pay, just not for pension contribution. 12.5% + 5% = 17.5% total cut in overall pay. 5% total cut in take home pay.

This is the fact of the matter not opinion or spin.
Do you get it now?

http://bermuda-online.org/bdagovt.htm

So this is what it says on the premier:

“Highest paid Cabinet member, on an annual salary of $224,092 in 2011/2012. She has use of a Bermuda Government car, GP1, a BMW 750Li. She also gets health insurance, a pension, a parking space at Sessions House and a credit card.

Derrick Burgess:
“One of the highest paid Cabinet members, on an annual salary of $184,414 in 2011.” plus perk of course.

That just an example of what information there is and accessable…..and What we can really read up on instead of just listening to what we are fed.

I don’t know about you , but the average Bermudian Makes nothing near that. And you bet your boots they should Be taking a huge pay cut!!! We have to sacrifice so do they. CUT UP the Credit cards, get rid of the cars and take a pay cut. I’ve said it before and will continue to say it….

It’s so (deliberately deceptive??) loosely worded that we will have to wait for the real end-game to be forceably prised out “…into the sunshine….”!!

One side has it right. IMHO, either way, it’s a crock….

Given the idea of pay cuts for parliamentarians was first suggested last February – a whole year ago by Jeanne Atherden (see Bernews link above)- you can hardly say she is leading from the front. And that’s a whole year’s revenue lost in the bargain, admittedly a drop in the bucket compared to the billion or so we are in debt, but at least we would have been able to make a couple of payments without borrowing from Peter to pay Paul, as we are doing now. Her proposal goes even further – she wants to borrow from Peter’s unborn children. That’s us, my kids and grandkids and yours. Don’t you care? or is it “my party right or wrong.” God help us all!

Current scenario
Gross pay $100
Pension cont