pension spikes Archive
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Public Employees Make 44% More Than Private Sector Counterparts
Posted on September 30, 2011 | 78 Comments. . . According to a new study released by the United States Bureau of Labor Statistics, the average public sector employee earns $40.40 per hour while their private sector... -
Great Park Mowry “Retires” – Almost Doubles Pay
Posted on May 6, 2011 | 14 Comments. . . As the finance manager for the Orange County Great Park, Kurt Mowery had a pretty sweet gig pulling in $209,761 (as a total package including benefits) as a City... -
The Great Pension Debate: Greenhut vs. Berardino
Posted on April 27, 2011 | 10 CommentsHere’s a fun match up between pension watchdog Steven Greenhut and the head of the OCEA public employees’ union, Nick Berardino. The subject of yesterday’s debate was “Can pensions be reformed co-operatively?”... -
Ship of Fools in Costa Mesa Crashes Into Pension Facts
Posted on April 27, 2011 | 6 CommentsTuesday night, the hapless City Council in Costa Mesa got a huge bucket of cold water thrown on their outsourcing plans. It came from the CalPERs actuary, who... -
Are they April Fools? Where, oh Where, is the OC Register on Brown’s Pension Reform?
Posted on April 1, 2011 | 2 Comments. . . Some days I have to chuckle as I imagine what’s happening at the headquarters of the Orange County Register. And it’s not an April Fool’s joke. Early... -
Who Does Don Bankhead Blame for Fullerton’s Pension Crisis?
Posted on March 31, 2011 | No CommentsThe other day someone remarked that Don Bankhead has never accepted the blame for any of the bad votes he’s made since the beginning of his 23 year reign on the city... -
Some Fullerton Numbers
Posted on March 30, 2011 | No CommentsIt’s almost April. Our wise and courageous city council is already wading through wage negotiations with the city employee unions for the upcoming budget year. How did we get this... -
Stanford report finds that local government pension systems are $200 billion short
Posted on November 18, 2010 | 6 CommentsThe Stanford University research team that shocked Sacramento this year by declaring that the state’s three pension systems are more than $400 billion underfunded has struck again, saying local government pension systems... -
Blogger harassed at work by overpaid El Segundo police captain
Posted on November 15, 2010 | 4 CommentsA homeowner in El Segundo posted the salaries of the overpaid cops in his town, on his blog - and the next thing he knew he was being harassed at... -
What If Your Boss Gave You a 1200% Retirement Match?
Posted on September 24, 2010 | 4 CommentsThat’s what members of Fullerton’s police and fire union get from us. Almost all of the candidates are talking about pension reform now, but they don’t quite have their figures right. According... -
3 at 60….what a concept!
Posted on September 20, 2010 | 3 CommentsThe pension abuses which come from across the board have finally reached “Maximum Overload”. If you can believe it, a few Legislators are actually taking a long look at not only... -
Fullerton’s Real Unfunded Pension Liability: At Least $60 Million
Posted on September 2, 2010 | No CommentsLast year CalPERS reported that the city of Fullerton is facing an unfunded pension liability of $37,531,831 on our public safety employees’ retirement plan. That’s the amount that we currently... -
Dissecting McKinley’s Phony Pension Reform
Posted on September 1, 2010 | No CommentsThe other day we challenged retired police chief and $215,000 public pensioner Pat McKinley to put some real meat behind his dubious claim that he will “work to reform public... -
Will the taxpayers have to pay SAUSD Trustee Audrey Yamagata-Noji over $200K per year in retirement?
Posted on August 19, 2010 | 4 CommentsI have helped, over the past few years, to get rid of two “double-dippers” on the Coast Community College District’s Board of Education, Armando Ruiz and Walt Howald. These guys...
