Somebody needs to stop Bay State lawmakers from copying President Biden’s fiscal ridiculousness.
The idea of boosting pension payouts for public employees who went to work throughout the pandemic is ill-timed and ill-conceived.
The Pioneer Institute, a government watchdog, sounded the alarm with a public statement that estimates the cost of the “broadly” worded bill “would be in the billions of dollars.”
The bill would let public workers cash in on three extra years of service for their pensions when they retire if they worked — or volunteered to work — outside their home anytime between March 10 and Dec. 31 of last year, according to the legislation.
As the old saying goes, when in doubt throw money at the problem. But it’s time to pull back and start taking care of businesses facing a crippling unemployment insurance tab.
We’ll keep thinking, there are countless ways to move ahead without unnecessarily awarding those who had a job during this crippling pandemic.
