An act relating to to improving the economy of New Jersey and putting the government in its rightful place.
Be it enacted by the Youth Model Legislature of the State of New Jersey that all officials elected to work in the New Jersey Government shall receive a new compensation based on the average salary of all employees in the state of New Jersey.
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Section I:
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Every elected government official, making more than $40,000 will be paid an amount equivalent to the total average salary of all private sector employees living and working in the State of New Jersey.
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Section II:
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When any economic period is officially declared a recession or depression, and is proven as such through three consecutive quarters of economic decline in at least two industries, the unemployed New Jersey citizens’ salaries, being non-existent, will be factored in to the average New Jersey salary, further cutting the elected officials’ salaries. The recession will be declared over when there are two consecutive quarters of economic growth.
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Section III:
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Every government official, elected, appointed, or simply hired, is prohibited from “double-dipping” in pension funds.
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Section IV:
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Defines “double-dipping” as the practice of drawing two incomes from the government, usually by holding a government job and receiving a pension.
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| Statement of Intent: The purpose of this Bill is to primarily, encourage government officials to further consider any decisions they make on economic policy. Secondly, it is important to reaffirm the fact that in this Constitutional Democratic Republic, the ruling body is comprised of, by and for the people and it is “we the people” that give the government its powers and rights, not the other way around.
Effective Date: This Bill shall take effect on Jan. 1, 2011
Financial Statement: There will certainly be no cost for this bill, but, divergently, it will create an unpredictable, yet rather large, surplus for the first year followed by surpluses throughout the entire duration of its existence based on overall economic conditions.
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* Primary Sponsor |
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