Walker Says He Exceeded Promise On Pension

MADISON, Wis. (AP) — Gov. Scott Walker said Monday that he believes he exceeded his campaign promise to voluntarily pay the full cost of his pension starting in January, even though he didn’t start contributing until the law required him to do so in August.

The Associated Press first reported on Friday that Walker and Lt. Gov. Rebecca Kleefisch, who made the same promise during last year’s campaign, did not start making the payments until eight months into their term. That’s when the law Walker backed forcing state workers to pay more, while also taking away nearly all their collective bargaining rights, took effect.

That law required elected officials like Walker and Kleefisch to pay 6.65 percent of their salaries starting in August. That goes up to 7.05 percent in January. State employees have to pay 5.8 percent.

During the campaign, Walker said if elected he would immediately voluntarily pay the same amount he was proposing that state workers contribute, which at that time was estimated to be 5 percent.

Under the higher contribution required under the law, Walker will ultimately pay more than $5,000 more toward his pension than if he paid 5 percent over four years. Because of that, Walker said, he believes he exceeded the campaign promise.

“I think I exceeded it,” he said. “In the end I’m paying five grand more for my pension.”

Walker said timing the beginning of his payments to when state workers had to make theirs in August made sense.

“To me I could have paid back then at a lesser amount, 5 percent, which means I’d pay about $5,000 less,” Walker said. “It wouldn’t be a parallel with the match that we asked for public employees. This allowed me to parallel that.”

Over four years Walker will pay $34,108. Had he been paying 6.5 percent of his salary during the seven months he was making no voluntary contributions as he promised during the campaign, he would pay an additional $5,600.

Walker said he would not pay that amount back.

Democrats and union leaders have branded Walker as a hypocrite.

(© Copyright 2011 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

  • Tom

    Walker is nutcase, delusional! I can understand why the Koch Brothers like him!

  • G Dog


    What a tool of the richest of the rich.

  • Murph

    The shiftiest,dirty dog in the GOP kennel! Walker has to be stopped and deserves to be recalled before the Fed’s put him in prison.After eleven underlings have gotten immunity,there is no longer any doubt as to who the FBI is gathering info and testimony on! Even his buddies the Koch’s can’t buy his way out of this one! It will take Wisconsin years to get all his poop off their shoes!

    • s

      Its going to take years to get out of this mess obama put us in. If walker is a dirty dog that makes obama a commie weasel

  • angus

    Notice the same expression as Timmy the twerp Pawlenty? The wide-eyed look as he repeats whatever he is told to say, the greedy expression on his face as he aims for higher office, bland practiced smile which means nothing expect “I don’t care about you unless your income is a minimum of $250,000 per year.

  • yawn

    Why dont I hear you people complain about the millions obama has taken from wall street the banks and evil corp, G dog talkes like its a crime to be rich,murh their is no excuse for you, all you do is attack .Here are some obama lies.
    Their is a huge money trail but you people choose to close your eyes and follow him like SHEEP!
    1 Double federal funding for cancer research
    2 Expand the Family Medical Leave Act to include leave for domestic violence or sexual assault
    3 Develop an alternative to President Bush’s Military Commissions Act on handling detainees
    4 No “boots” on the ground Libya
    5 I will not rest until the BP Oil Spill stops
    6 The health care bill will not increase the deficit by one dime
    7 ObamaCare Fee is not a new tax
    8 The Health Care Package will pay for itself
    9 Cut Deficit in Half by end of first term
    10 Health Care deals will be covered on C-span
    11 Unemployment rate will be 8.5% without stimulus.
    12 No Earmarks in the $787 Billion Stimulus
    13 We have launched a housing plan that will help responsible families facing the threat of foreclosure lower their monthly payments and refinance their mortgages.
    14 Guantanamo bay to be closed within a year
    15 Minimum Wage will increase to $9.50/hr
    16 Would have the most transparent administration in History
    17 My father served in World War II
    18 Have troops out of Iraq by March 31, 2009
    19 I Have Always Been Against Iraq
    20 Barack was never an ACORN trainer and never worked for ACORN in any other capacity.
    21 I don’t Have Lobbyists
    22 I Barely Know Rezko

  • hu

    here is a list of his donors that gave him money

    University of California $1,648,685
    Goldman Sachs $1,013,091
    Harvard University $878,164
    Microsoft Corp $852,167
    Google Inc $814,540
    JPMorgan Chase & Co $808,799
    Citigroup Inc $736,771
    Time Warner $624,618
    Sidley Austin LLP $600,298
    Stanford University $595,716
    National Amusements Inc $563,798
    WilmerHale LLP $550,668
    Columbia University $547,852
    Skadden, Arps et al $543,539
    UBS AG $532,674
    IBM Corp $532,372
    General Electric $529,855
    Morgan Stanley $512,232
    Latham & Watkins $503,295

  • bail out

    Evil companies that took tax payer money from obamas hand

    TARP Recipients
    JPMorgan ChaseLoading… & Co. (New York) – $25 billion
    Wells FargoLoading… & Co. (San Francisco) — $25 billion
    Bank of America Corp. (Charlotte, N.C.) — $15 billion
    Goldman Sachs Group Inc. (New York) — $10 billion
    Merrill Lynch & Co. (New York) — $10 billion
    Morgan StanleyMorgan Stanley Co
    Change: +0.03 – +0.20%
    as of 10/17/2011 4:03pm
    (New York) — $10 billion
    PNC Financial Services Group Inc. (Pittsburgh) — $7.7 billion
    US Bancorp (Minneapolis) — $6.6 billion
    Capital One Financial Corp. (McLean, Va.) — $3.55 billion
    Regions Financial Corp. (Birmingham, Ala.) — $3.5 billion
    SunTrust Banks Inc. (Atlanta) — $3.5 billion
    Fifth Third Bancorp (Cincinnati) — $3.4 billion
    BB&T Corp. (Winston-Salem, NC) — $3.1 billion
    Bank of New York MellonBank of New York
    Change: -0.60 – -3.16%
    as of 10/17/2011 4:00pm
    (New York) — $3 billion
    Keycorp (Cleveland) — $2.5 billion
    Comerica Inc. (Dallas) — $2.25 billion
    State Street Corp. (Boston) — $2 billion
    Marshall & Ilsley Corp. (Milwaukee) — $1.7 billion
    Northern Trust Corp. (Chicago) — $1.5 billion
    Huntington Bancshares Inc. (Columbus, Ohio) — $1.4 billion
    Zions Bancorporation (Salt Lake City) — $1.4 billion
    Synovus (Columbus, Ga.) — $973 million
    Popular Inc. (San Juan, Puerto Rico) — $950 million
    First Horizon National Corp. (Memphis, Tenn.) – $866 million
    M&T Bank Corp (Buffalo, N.Y.) — $600 million
    Associated Banc-Corp. (Green Bay, Wis.) — $530 million
    Webster Financial Corp. (Waterbury, Conn.) — $400 million
    City National Corp. (Beverly Hills, Calif.) — $395 million
    TCF Financial Corp. (Wayzata, Minn.) — $361 million.
    The South Financial Group (Greenville, N.C.) — $347 million
    Valley National Bancorp (Wayne, N.J.) — $330 million
    East West Bancorp (Pasadena, Calif.) — $316 million
    Citizens Republic Bancorp (Flint, Mich.) — $300 million
    Susquehanna Bancshares Inc. (Lititz, Pa.) — $300 million
    UCBH Holdings Inc. (San Francisco) — $298 million
    Cathay General Bancorp (Los Angeles) — $258 million
    FirstMerit Corp. (Akron, Ohio) — $248 million
    International Bancshares Corp. (Laredo, Tex.) — $216 million
    Trustmark Corp. (Jackson, Miss.) — $215 million
    Umpqua Holdings Corp. (Portland, Ore.) — $214 million
    Washington Federal Savings (Seattle) — $200 million
    MB Financial ( Chicago) — $193 million
    First Midwest Bancorp Inc. (Itasca, Ill.) –$193 million
    Pacific Capital Bancorp (Santa Barbara, Calif.) — $188 million.
    First Niagara Financial Group Inc. (Buffalo, N.Y.) — $186 million
    United Community Banks (Blairsville, Ga.) — $180 million
    Provident Bankshares (Baltimore) — $151 million
    Boston Private Financial Holdings Inc. (Boston) — $150 million
    Old National Bank (Evansville, Ind.) — $150 million
    Western Alliance Bancorporation (Las Vegas) — $140 million.
    CVB Financial Corp. (Ontario, Calif.) — $130 million
    Banner Corp. (Walla Walla, Wash.) — $124 million
    Signature Bank (New York) — $120 million
    Iberiabank Corp. (Lafayette, La.) — $115 million
    Taylor Capital Group Inc. (Rosemont, Ill.) — $105 million
    Midwest Banc Holdings Inc. (Melrose Park, Ill.) — $86 million
    Sandy Spring Bancorp (Olney, Md.) — $83 million.
    First Financial Bancorp. (Cincinnati) — $80 million
    Columbia Banking System Inc. (Tacoma, Wash.) — $76.9 million
    Wesbanco Inc. (Wheeling, W.Va.) — $75 million
    Southwest Bancorp (Stillwater, Okla.) — $70 million
    Superior Bancorp (Birmingham, Ala.) — $69 million
    Nara Bancorp (Los Angeles) — $67 million,
    Wilshire Bancorp (Los Angeles) — $62 million
    Great Southern Bancorp (Springfield, Mo.) — $60 million.
    Ameris Bancorp. (Moultrie, Ga.) — $52 million
    Home Bancshares Inc. (Conway, Ark.) — $50 million
    Capital Bank Corp. (Raleigh, N.C.) — $42.9 million
    Southern Community Financial Corp. (Winston-Salem, N.C.) — $42.75 million
    Heritage Commerce Corp. (San Jose., Calif.) — $40 million
    Simmons First National Corp. (Pine Bluff, Ark.) — $40 million
    Cascade Financial Corp. (Everett, Wash.) — $39 million
    Peoples Bancorp (Marietta, Ohio) — $39 million
    Porter Bancorp Inc. (Louisville, Ky.) — $39 million
    Eagle Bancorp Inc. (Bethesda, Md.) — $38.2 million
    Encore Bancshares Inc. (Houston) — $34 million.
    Bancorp Rhode Island Inc. (Providence, R.I.) — $30 million
    Severn Bancorp (Annapolis, Md.) — $30 million
    Peapack-Gladstone Financial Corp. (Gladstone, N.J.) — $28.7 million
    Intermountain Community Bancorp (Sandpoint, Idaho) — $27 million
    LNB Bancorp Inc. (Lorain, Ohio) — $25.2 million
    HF Financial Corp. (Sioux Falls, S.D.) — $25 million
    Heritage Financial Corp. (Olympia, Wash.) — $24 million.
    Wainwright Bank & Trust Co. (Boston) — $22 million
    Indiana Community Bancorp (Columbus, Ind.) — $21.5 million
    First PacTrust Bancorp Inc. (Chula Vista, Calif.) — $19.3 million
    HopFed Bancorp Inc. (Hopkinsville, Ky.) — $18.4 million.
    Bank of Commerce Holdings Inc. (Redding, Calif.) — $17 million
    1st Financial Services Corp. (Hendersonville, N.C.) — $16.3 million
    Community West Bancshares (Goleta, Calif.) — $15.6 million
    Broadway Financial Group ( Los Angeles

  • Jerry Person

    Street Walker has never told the truth. He would not know the truth if it bit him. He is king he can stae anything he wants that David Koch allows.

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