5 Reasons Cornhusker Police & Fire Oppose a Pension Reform Bill.
The Pension Affected: Omaha, Nebraska
The police and fire pension change sought in Nebraska: Move the police and fire from a traditional defined benefit pension system to a cash-balance system
The reasons police & fire oppose the switch:
- makes recruiting harder
- fewer recruits, decreases public safety
- makes it harder to effectively combat violent crime
- San Jose, California adopted this approach and saw more than 650 officers leave in 6 years, taking their entire pension with them
- Training law enforcement officers is expensive, providing a mechanism that allows them tobe trained and leave with their entire pension within 6 years adds more training costs
Nebraska LB 30 (2017)
KMTV 3 | Omaha fire and police union against pension bill