Comments on: City of Los Angeles Prepares for Layoffs Erip R.I.P. & Furloughs Ruled Illegal http://lacityworkers.com/lacity/city-of-los-angeles-prepares-for-layoffs-erip-r-i-p-furloughs-ruled-illegal/ Informing LA City Workers & Residents Thu, 26 Apr 2012 23:02:14 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: DeadwoodDeb http://lacityworkers.com/lacity/city-of-los-angeles-prepares-for-layoffs-erip-r-i-p-furloughs-ruled-illegal/comment-page-1/#comment-9 DeadwoodDeb Wed, 26 Aug 2009 21:36:56 +0000 http://lacityworkers.com/blogs/?p=97#comment-9 I think that it is a major mistake to count out the ERIP just yet. The City is losing $1M every day that nothing is resolved. Keep in mind with the layoffs the City will also be responsible for Unemployment payments, some medical and other expenses. In addition, there is the 6 months it will take to finally implement the layoffs. In the meantime without being able to enact furloughs, having to PAY all of the Coalition folks for their COLAs, you are going to see a City teetering on the edge if not a free fall into bankruptcy. Do you really think after watching the LAUSD vote yesterday to contract out 20 schools that the Mayor or Council will let the ERIP go down??? If you do, then you are being short sighted and believing what the misguided EAA's Aquino is saying. If you at all care about the City and if you are a City employee you will be praying every night that the ERIP does go through and that the City does not fall to bankruptcy. So you know in bankruptcy, all contracts (including MOUs) are null and void. If you think EAA taking furloughs is the worst that could happen think again! If you are a contractor working for the City and seeking payment, get in line the bankruptcy court will decide if the money the City owes you will be wiped clean or if you are lucky enough to get 10 cents on the dollar owed you. Bankruptcy is UGLY! Something I don't think ANYONE wants...so be careful for what you wish for in hoping the ERIP is dead! There are 126 days until the end of the year...without some conclusion to this the City will be in the whole $126M by January 1st. But by then ERIP or not I will be retired...and it will fall to the other City employees to pick up the pieces. It just makes me sick to see the City I have worked 32 years for to have fallen into this, and it makes me angry that EAA has someone who runs it that doesn't seem to give a DAMN! I think that it is a major mistake to count out the ERIP just yet. The City is losing $1M every day that nothing is resolved. Keep in mind with the layoffs the City will also be responsible for Unemployment payments, some medical and other expenses. In addition, there is the 6 months it will take to finally implement the layoffs. In the meantime without being able to enact furloughs, having to PAY all of the Coalition folks for their COLAs, you are going to see a City teetering on the edge if not a free fall into bankruptcy.

Do you really think after watching the LAUSD vote yesterday to contract out 20 schools that the Mayor or Council will let the ERIP go down??? If you do, then you are being short sighted and believing what the misguided EAA’s Aquino is saying. If you at all care about the City and if you are a City employee you will be praying every night that the ERIP does go through and that the City does not fall to bankruptcy.

So you know in bankruptcy, all contracts (including MOUs) are null and void. If you think EAA taking furloughs is the worst that could happen think again! If you are a contractor working for the City and seeking payment, get in line the bankruptcy court will decide if the money the City owes you will be wiped clean or if you are lucky enough to get 10 cents on the dollar owed you. Bankruptcy is UGLY! Something I don’t think ANYONE wants…so be careful for what you wish for in hoping the ERIP is dead!

There are 126 days until the end of the year…without some conclusion to this the City will be in the whole $126M by January 1st. But by then ERIP or not I will be retired…and it will fall to the other City employees to pick up the pieces.

It just makes me sick to see the City I have worked 32 years for to have fallen into this, and it makes me angry that EAA has someone who runs it that doesn’t seem to give a DAMN!

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