Statement from Councilman Sal DiCiccio on Pension Initiative

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​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​Statement from Councilman Sal DiCiccio on Pension Initiative Jan. 16, 2018 ​”This week, we filed an initiative that will help fix the pension problem, and I have committed $25,000 toward this effort. The initiative requires 20,000 valid signatures to reach the ballot and does the following: Every dollar above inflation plus population growth MUST go toward paying down the pensions. Public safety (Police and Fire) are the first to be paid down. Requires politicians to pay for their own pensions – NOT the public. Exempts Police and Fire so we can continue to hire the first responders we need, and protects them from any cuts to pay and benefits. Lastly, it requires an honest accounting of the problem, because – believe it or not – no one here at City Hall even knows how big our pension deficit is. Why is this being done? Phoenix politicians have refused to fix the growing pension problem and have only made it much worse. Last year, in order to solve a small budget shortfall, they voted to INCREASE the police and fire debt by BILLIONS of dollars by extending the years of repayment. That was their solution, to destabilize an already dire pension for our police and fire and to increase the amount of monies you – the public – will need to pay. The other solution the politicians and bureaucrats are proposing? RAISE YOUR TAXES. They think you and your family are doing just fine and it is ok for you to be saddled with higher taxes rather than propose real solutions to solve the ever growing pension debt problem. Responsible Budgets gives us a way to prevent these outrageous tax increases AND pay down our debt responsibly. It’s not too late to prevent a disaster, but we do need to act quickly.” Learn more at Media Contact: Jaime Kleshock Phone Number: 602-534-0820]]]]> ]]>