Letters to the Editor – MU PTO proposal unlikely to keep staff – InsuranceNewsNet

I love working at Mizzou, but the benefits have gradually eroded since I started 23 years ago. Examples include implementing required pension fund contributions, consolidating job titles leading to fewer opportunities for promotion, reducing (or eliminating) retiree health insurance, increasing parking fees ranging from 20% to 185% and the elimination of the cost of living adjustments to pension payments.

Now HR has proposed a paid vacation structure that will reduce annual leave, personal days and sick days by 10. holidays will be added, but these will have restrictions that our current holidays do not have.

Ten days a year is not a fair trade for extra time off which many employees will only use once or twice in their careers, and some may never use. Rollover of unused days has not been guaranteed, while we are currently allowed to accrue vacation balances of double our annual allowance and unlimited sick leave. Upon retirement, unused sick days are added to years of service and factored into pension calculations, a valuable benefit for employees considering retirement from Mizzou.

I realize that our current furloughs can be generous compared to the private sector; however, our salaries and raises are generally lower. Without good benefits, we end up with low wages and paltry raises. On the surface, the PTO proposal may look good, but it’s unlikely to hold staff back.

Megan Merrill, Colombia

Reduce the personal property tax rate

The value of used cars has increased dramatically in Missouri. Used car prices have risen 25% in 2021 alone. Missouri is one of the only states to impose a property tax on cars, this increase will hit taxpayers hard in December.

Personal property tax is not covered by our Hancock Amendment rules on reducing property tax rates as values ​​increase. As car values ​​have generally declined over time, this has not been an issue in the past. But with the rising value of used cars and no tax cuts required, local governments around Missouri will see an unexpected windfall in property tax payments this year. That is not how the tax system is supposed to work.

There is a solution here. Local elected officials, including county, city and school district officials, should voluntarily reduce tax rates once property assessments are finalized. St. Charles County the government has taken the lead in this regard, and other local governments in the state should do the same. The property tax rate is not related to the property tax rate. Bringing it down to a revenue-neutral level is simple, acceptable and, above all, good public policy.

The local governments of Missouri are awash with federal stimulus money and other revenue, while ordinary citizens are hammered by inflation. Cities, counties and school districts don’t need another windfall on the back of Missouri taxpayers. Reducing personal property tax rates is the right thing to do.

David Stokesdirector of municipal policy Institute Show me

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