Stop Pension Spiking / Sign Online Petition


stoppension

613 Days and Growing…

The number of days since Mayor Stanton promised he would end pension spiking and after 613 days not one single public meeting or public vote has been scheduled.  “It’s time to end pension spiking, it’s time to keep the promise to end it and it is time to schedule a public meeting and vote. So we now need to go directly to the voters to put the pressure on the politicians” said Councilman Sal DiCiccio.

The online petition can be found at  http://StopPensionSpiking.com

After six letters and a request for a personal meeting with Mayor Stanton, Councilman Sal DiCiccio launched an online petition hoping to get a public meeting and a vote to end pension spiking.

DiCiccio, a staunch opponent of the practice, has maintained pension spiking is in direct violation of the Arizona Constitution.  In every communication to the Mayor’s office, he has requested a public discussion and vote so the public can know where the Mayor and Council stand on the practice.  Pension spiking has contributed to Phoenix’s $2.4 billion unfunded pension liability.

The Goldwater Institute recently filed a lawsuit against Phoenix to end the practice.  Delaying council action puts Phoenix in legal jeopardy.

“I figured after seven attempts to contact the Mayor it was time for a new approach. Hopefully, this petition will get his attention. 613 days without a public discussion or vote is no longer acceptable. Everyday wasted is another day taxpayers are left footing the bill for extravagant pension packages. It is time to schedule a vote.” said Councilman DiCiccio.


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