Post by Admin on Aug 11, 2012 22:43:48 GMT -5
One if the unique and troublesome aspects of the proposed reorganization is requiring all Fishers town employees to resign on Dec 31st, 2012 and promising to rehire them on Jan 1, 2013.
So why would the town council require their employees to do that? It all goes to the $1,000,000 savings that is purported if the reorganization passes.
The unsubstantiated claims of $1,000,000 savings comes from the Town not paying into their employees's Social Security accounts for their security employees. The Town Council claims that the reorganization will save money through efficiency, but the real savings is from reducing their employees's retirement.
In order for the Town to withdraw from Social Security for its security employees, the Town has to prove to the federal government, who administers Social Security, that the Town ceases to exist, i.e., vanishes without a trace.
So will the Town sell off its fire and police cars and all its property? If you look for the Town on Google Maps, will you not find it anymore?
When the City of Indianapolis reorganized with Marion County called Unigov, Indianapolis tried to get out of Social Security as Fishers is trying now. After a legal challenge, Indianapolis was not allowed to exit from Social Security. Indianapolis argued that the City of Indianapolis ceased to exist and a new form of government or entity now exists. The federal government turned Indianapolis down.
No outside agency has substantiated Fishers claims of this $1,000,000 savings. The Town can claim any amount.
If I were a Town employee, I would be worried about this or raise many questions such as why do I have to resign but no assets are liquidated. We wonder about this.
The fact is that there are no guarantees that Fishers will be allowed to withdraw from Social Security for its security employees.
The savings claimed by the town council is highly questionable.
So why would the town council require their employees to do that? It all goes to the $1,000,000 savings that is purported if the reorganization passes.
The unsubstantiated claims of $1,000,000 savings comes from the Town not paying into their employees's Social Security accounts for their security employees. The Town Council claims that the reorganization will save money through efficiency, but the real savings is from reducing their employees's retirement.
In order for the Town to withdraw from Social Security for its security employees, the Town has to prove to the federal government, who administers Social Security, that the Town ceases to exist, i.e., vanishes without a trace.
So will the Town sell off its fire and police cars and all its property? If you look for the Town on Google Maps, will you not find it anymore?
When the City of Indianapolis reorganized with Marion County called Unigov, Indianapolis tried to get out of Social Security as Fishers is trying now. After a legal challenge, Indianapolis was not allowed to exit from Social Security. Indianapolis argued that the City of Indianapolis ceased to exist and a new form of government or entity now exists. The federal government turned Indianapolis down.
No outside agency has substantiated Fishers claims of this $1,000,000 savings. The Town can claim any amount.
If I were a Town employee, I would be worried about this or raise many questions such as why do I have to resign but no assets are liquidated. We wonder about this.
The fact is that there are no guarantees that Fishers will be allowed to withdraw from Social Security for its security employees.
The savings claimed by the town council is highly questionable.