Support Pension Reform at Board of Supervisors Public Hearing: Tuesday, Nov 20

Support Pension Reform at Board of Supervisors Public Hearing
4:30 PM, Tuesday, November 20 in the Board Auditorium
Fairfax County Government Center, 12000 Government Center Parkway, Fairfax

After years of delay, the Fairfax County Board of Supervisors is finally ready to make changes to the County’s unsustainable pension plan. In response to the untiring efforts of Republican Supervisors Pat Herrity and John Cook, the Democrat-dominated Board has finally agreed to consider reducing benefits instead of raising taxes.

The Board of Supervisors will hold a public hearing on pension reform at its meeting scheduled for 4:30 PM, Tuesday, November 20, in the Board Auditorium, Fairfax County Government Center, 12000 Government Center Parkway, Fairfax, VA. Please attend the hearing to applaud speakers who favor sustainable budgets and/or to present your views on this subject.

The Pension Problem. Fairfax County pension plans, which have a $2.2 billion unfunded liability, are unsustainable. Since 2000, county spending on pensions has increased 244% while the number of county employees increased by only 11%. While most private-sector employees no longer get pensions, a county employee with 30 years can retire at age 55 with 90% of salary. Private employers contribute 3% or 4% of an employee’s salary to a 401K, but Fairfax County contributes 27% of salary to the employee’s pension plan.

In addition to increasing taxes, pension costs compete with the County’s ability to fund the high quality services residents expect and the ability to pay the salaries to hire the best and brightest employees and teachers. Too much of our tax dollar currently goes to pay for employee pensions.

The Proposed Pension Fix. To make the pension plans sustainable, the Supervisors are considering pension benefit reductions for new employees only. The proposed reductions include:

  • Increasing the Minimum Retirement Age from 55 to 60.
  • Increasing the Rule of 85 to the Rule of 90—age plus years of service will need to be 90 for full retirement for general county employees.
  • Eliminating the Pre Social Security Supplement—basically county paid social security at retirement until social security age.
  • Increasing the Salary Averaging Period from 3 years to 5 years.
  • Eliminating the provision that automatically increases the retirement annuity by 3% annually.

For a more detailed assessment of Fairfax County’s unsustainable pension plan and proposals to reform it, please visit The Herrity Report here and here.Again, the November 20 hearing is for public comment on these and other reductions. Advocates for higher taxes usually outnumber taxpayers 10-to-1 at Board of Supervisors hearings, and the Supervisors usually vote accordingly.Please sign up here to voice your views on the County’s unsustainable pension plan. At a minimum, please attend the hearing to applaud speakers who favor sustainable budgets.

Fairfax County Republican Committee, 4246 Chain Bridge Road, Fairfax VA 22030
Paid for and Authorized by Fairfax County Republican Committee and Not Authorized by Any Candidate or Candidate’s Committee
. 
Image: Fairfax County BOS Meeting 10/30/2018
Share This Article:

Newsletter Signup

Sign up to be the first to receive news and events from Fairfax GOP!
Electing Republicans At Every Level

Headquarters

PAID FOR BY FAIRFAX COUNTY REPUBLICAN COMMITTEE
Powered by VOTEGTR

2024 U.S. Senate & Congressional Primary

GOP Primary Election Day is Tuesday, June 18

Election Calendar

  • Early voting opens 5/3
  • 5/28 – Deadline to register to vote (otherwise, same-day registration with provisional ballot)
  • 6/7 – Deadline to apply for an absentee ballot​
  • 6/8 - One of two Saturdays open for early voting, and additional early voting locations open.
  • Early Voting ends 6/15
  • 6/18 – Election Day

We need you on our team in '24.

Get active in the effort to take back Fairfax County from the progressives hellbent on raising taxes, coddling criminals, and socializing public schools.
1
Step
2
Step
3
Step
4
Step
5
Step
6
Step
First things first. Are you receiving info about local GOP events and elections?

No problem. We can fix that right now.

Thanks. We won’t overload your inbox, but we will keep you in the loop on important Fairfax GOP info and events.

Do you want to recieve news of events via text msg?
By providing your phone number, you are consenting to receive recurring calls and SMS/MMS campaign and donation messages, including autodialed and automated calls and texts to that number from the Fairfax County Republican Committee. Msg & data rates may apply. You agree to the Terms of Service and Privacy Policy. Text HELP for help and STOP to stop. Msg & data rates may apply.

The Fairfax GOP is recruiting new members who agree we need to draw a line in the sand and take our county back from the progressives.

Would you consider joining the Fairfax GOP as a voting member so you can have your say on committee business, candidates, and policy resolutions?*
No thanks. Take me back to the Fairfax GOP home page.