The Motley Fool Discussion Boards
Retirement Discussions / Retire Early CampFIRE
|Subject: Now states limit work to 29 hours||Date: 2/10/2013 10:37 AM|
|Author: telegraph||Number: 671024 of 778653|
The costs of Obamacare are not just hitting businesses this year--they are also hitting the government, and public employees as well. Virginia, for example, is about to limit part-time employees to 29 hours per week in order to avoid triggering Obamacare’s requirement that employers provide health insurance to those working 30 hours per week or more. The state cannot afford the $110 million annual cost of insurance.
Elsewhere, public institutions are taking similar steps to limit part-time work. In Ohio, Youngstown State University recently announced a 29-hour-per-week part-time limit, and placed employees on notice that they would be fired if they worked more than the maximum. Other public universities are doing the same across the nation, just as their private-sector counterparts are limiting part-time hours to avoid the Obamacare rule.
In addition to limiting part-time hours, many institutions--public and private--are moving employees from full-time to part-time status to avoid Obamacare requirements.
Not having read the bill before they voted on it, democrats are now learning how flawed their idea that employers would happily pay the $20,000 cost of family coverage out of their 'profits' and how states simply had hundreds of millions of spare dollars to fund the unfunded mandates of the feds.
Soon, the 'normal' workweek in the USA is going to be 29 hours for half the population. Lower the standard of living for the working so that everyone is 'more equal' (ie, workers and welfare weenies)
|Copyright 1996-2015 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|