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Gov. Walker to pay more than promised to cover pension costs

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MADISON, WI  (WTAQ) - Governor Scott Walker says he’ll end up exceeding his campaign promise to pay the full cost of his pension starting in January – even though he didn’t begin paying until he was required to in August.

When he asked voters to elect him last year, the Republican Walker said he would voluntarily pay toward his pension from the moment he took office. And he’d pay the amount he would propose for other state employees – which he assumed would be 5 percent of their salaries.

It ended up being 6-and-two-thirds percent, and 7 percent plus starting in January.

The AP reported last week that Walker had not paid toward his pension until the law required him to do so in August. That immediately brought criticisms from unions and Democrats that he was a hypocrite.

But Walker said it made sense to wait, and see what everybody else would eventually pay. And because the rates were higher than he expected, Walker says he’ll end up paying about $5,000 more than what he originally promised.

During his four-year term, Walker would pay in just over $34,000 – and it would have $5,600 more had he paid in January like he promised. He says he will not pay that $5,600 back.

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