Tag: pension

Liberal logic? San Francisco city retirees make more than the workers who pay their pensions

If you live in San Francisco and you’re unfortunate enough to work for someone other than the city/county government, you’re getting screwed.

If you live in San Francisco and you’re unfortunate enough to work for someone other than the city/county government, you’re getting screwed. And there ain’t no glory hole in sight.

heather-fong
No wonder Heather Fong is smiling. The former San Francisco police chief gets an annual pension of $264,000

The SF Gate spells out the specifics:

The average retiree from San Francisco city government earns an annual pension of $46,272, according to the San Francisco Employees’ Retirement System. The average retiree who worked at least 30 years in city government earns an annual pension of $76,981.

The average pension for a retiree from the Fire Department is $108,552. From the Police Department? $95,016. And everybody else? $41,136.

The figures show most retirees aren’t getting anywhere near the fat packages that outrage many city residents – like the $264,000 pension paid to former Police Chief Heather Fong last year.

But city retirees are doing pretty well compared with working San Franciscans. Census data show the median family income in the city is $86,546. Per capita income is $44,373.

Four words: Un. Sus. Tain. Able.

Source: SF Gate

Get the smelling salts! New Jersey Governor Christie gets Democrats to agree to cut spending.

We love new New Jersey Governor Chris Christie so much that we want to have his pudgy little baby. Not only is he doing exactly what he said he’d do during the campaign – slash spending – but he has somehow managed to get the state’s top Democrats to back his actions.

We love new New Jersey Governor Chris Christie so much that we want to have his pudgy little baby.

Not only is he doing exactly what he said he’d do during the campaign – slash spending – but he has somehow managed to get the state’s top Democrats to back his actions.

Even more startling, the first bills he’s signing reduce benefits to public-sector pensions. And instead of doing it behind closed doors and away from the cameras, he’s holding big, public ceremonies and then posting the videos YouTube.

How much is Christie saving the citizens of New Jersey? As he says in this video, “On Senate Bill 2, over the next 15 years, $3 billion. On Senate Bill 4, $5 billion dollars over the next 15 years and most immediately about $315 million for the upcoming fiscal year for local governments and school boards. And on Senate Bill 4, capping some of the abuses that have really outraged the public regarding sick leave and other issues that finally we’ll be getting to put a cap on those things that have so angered the public and made them think that government was not really working to their benefit but working for someone else’s.”

Way to go, Governor Christie. You appear to be everything that lying sack of excrement Arnold Schwarzenegger told Californians he was going to be.

I HATE THE MEDIA ™
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