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Teachers Pension, on Downward Slide, Wants to Lower Return Assumption: Admits to $9 Billion Deficit Even with Taxpayer Cash Aid

The Teachers Retirement Association (TRA) told legislators last month that it wanted to drop its assumed rate of return from 8.5% to 7.5%. TRA is the last fund in the U.S. to assume an 8.5% rate of return; the average is now 7.36%. The other pension funds in Minnesota assumed 8%. Why do Minnesota funds think they can earn more than other funds in the country? What if they are wrong? TRA is the last public fund in the entire United States to assume 8.5%. ...

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Another Segment: Union Dues Spent on Political Advocacy Without Permission

Hard-working public employees are forced to pay money to a government union as a pre-condition of employment. The decision to financially support a union is a decision that employees should get to make for themselves, not one that is decided for them. Especially when their dues—and “fair share fees”—are being used to advance politics that may conflict with their beliefs. Like a previous post I wrote, this post will raise awareness about another group being financed by union money without prior member approval....

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What Big Labor Thinks of American Experiment

The current issue of the New Labor Forum includes a long column by Max Fraser, a left-winger who writes for publications like the Nation and Dissent and, improbably, is associated with both Dartmouth and Yale. His column is titled "Organized Money: What is Corporate America Thinking?--Freedom’s Janus Face." Fraser briefly notes the likely significance of the Janus case: [W]ith the Court likely to issue a decision in the closely watched Janus v. AFSCME case sometime in late spring or early summer, the pro-business forces which have been spearheading the legislative and juridical assault have already begun sharpening their knives for what may...

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Janus Union Fee Case Already Having a Good Effect, Except @ AFT

"The internal AFT slideshow predicts that if the Supreme Court rules to undercut agency fees, the increased time spent on “member maintenance” will detract from the organization’s “other more progressive union activities,” which are unspecified in the document. Some unions, it also warns, won’t be able to stay afloat."...

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Why Public Sector Unions Are Inherently Corrupt

Michael Ramirez uses a familiar desktop toy to illustrate why public sector unions inherently pose a conflict of interest. Click to enlarge: When politicians negotiate the pay and benefits of union members with union officials, who then turn around and contribute to the politicians' campaigns, the inevitable result is corruption. In 21st century America, largely because of public sector unions, government itself has become our nation's largest and most powerful special interest group. Franklin Roosevelt opposed collective bargaining by government sector employees. I disagree with Roosevelt on many issues, but this one, I think he got right. ...

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Celebrating the Anniversary of a Victory Against Fake Unionization: Child Care Provider Freedom

Congratulations! It has been two years since child care providers around the state did something truly remarkable: they defeated a prolonged and well-financed attempt to convert their homes and businesses into union workplaces. These amazing women got organized to defeat AFSCME, and are still working hard to protect their businesses from unreasonable regulations and interference from the state. ...

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A Day at the U.S. Supreme Court: All Public-Sector Collective Bargaining is Political [Updated With Videos]

There was a loud, wonderful demonstration all morning long on the steps of the Supreme Court. Hundreds of public employees from all over the country came with signs, hats and chants to demand two very different versions of freedom. Which one will prevail? ...

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Challenge to Mandatory Union Fees Could Free All Public Employees From Forced Union Fees

Education Minnesota tactics cited in briefs before the Court The U.S. Supreme Court on Monday heard the long-anticipated case brought by Mark Janus, an Illinois child support specialist who’s asking the Court to end mandatory “agency” or “fair-share” fees. [caption id="attachment_9418" align="alignright" width="227"] Mark Janus[/caption] Center of the American Experiment has joined Cato Institute and the National Federation of Independent Business (NFIB) in an amicus brief urging the U.S. Supreme Court to rule in favor of Mark Janus. The legal theory of the case is that all public-sector collective bargaining is political. Several other briefs before the Court cite an opinion editorial by Kim Crockett...

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American Experiment Heads to DC: First Amendment Challenge Could Free All Public Employees from Forced Unionism

Does anyone really believe that Education Minnesota or AFSCME-5 are spending the bulk of their dues revenues on negotiating contracts? Everything the unions do, from collective bargaining, electioneering and lobbying, is inherently political because it effects taxes, spending and policies made by elected officials. No one should be forced to underwrite that....

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