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First recorded activity by BoatBanter: Jul 2008
Posts: 8,663
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Seattle...MSN got it backwards
On Sat, 5 May 2018 18:47:19 -0000 (UTC), Bill wrote:
Keyser Soze wrote:
On 5/5/18 11:39 AM, wrote:
This has as much to do with unrestrained promises forced on the people
by public service union contracts as immigration.
The pittance an immigrant gets is nothing like the six figure
retirements drawn by people who never made close to that much in most
of their working life.
A few weeks ago there was a story in the papers about a disgraced
fireman, forced into retirement over sexual allegations but we can't
feel too sorry about him. They will be paying him around $160k a year
He got a separation check of another $130k or so and he didn't even
have to **** Trump. He just ****ed the tax payers.
To make matters worse, they take that money out of state when they
retire (who wants to pay those nosebleed taxes) so it is just rust
belt tax payers sending money to the sun belt.
We can be sure that *all* *most* *many* public service employees who
retire are drawing six figure retirement pensions, right?
So, tell us, just what percentage of retired municipal or state workers
who never "made close to that much" are drawing six figure retirements?
A bunch in California. They get 3% per year of service of their last years
salary. Unfortunately the public service people spike their last years
income. Do not take vacation for 5 years, add that to the final years
income, add all the overtime possible, any unpaid sick leave. Any private
company defined pension plan goes either on an average of the last 5 years,
or excludes unpaid vacation and overtime and sick leave.
Hopefully, you and Greg have straightened Harree out. More 'authoritative blabbing' as Tim would
say.
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