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Fire Department Compensation Far Higher than Private Sector's: Study
Safety employees contribute between 12 and 17 percent depending on "entry age" of their pay now. The city is suppose to contribute a substantially equal amount. ====================== This may be true today, but I ask again, how much has a SDPD cop contributed if they retired today> going back the last 30 years, when pay was $25K back in 1981?? 5% of $25K in 1981 would be $1,250, or $12,500 over 1/3 of the career using simple math with no COLA's. But most public safety cover no portion of their pension side costs, it is "picked up" by the muni. But even the ones who do contribute put in a very small amount of the overall pension value.— April 25, 2011 12:35 p.m.
Fire Department Compensation Far Higher than Private Sector's: Study
. Right now, STRS is proclaiming that it is fully capable of meeting its obligations and that its retirees have no need to worry. ==================== I am in CalSTRS, and they know they are in big trouble, and they have a modest pension system as Visduh points out. In the last Quarterly newsletter CalSTRS sent they said there is no immediate danger, but the fund will be dry in 30 years if the legislature does no increase contributions, they cannot force increaes on their own as CalPERS can. Using GASB standards they are 46% funded, which is essentially bankrupt. The LOWEST funding level to be considered solvent, barely solvent, is 80%.— April 25, 2011 12:29 p.m.
Labor Pains for San Diego Police
Judging by the police talent that seems to be spending more time behind the defense desk in our local courts, perhaps his theory is flawed. =================== Yes, this is the "talent" that Sanders is buying, the "best and brightest", and while they were hiring these GED clowns they were washing out good, honest, solid college grads as clean as Windex; SDPD officer accused in sexual assaults fired FRIDAY, APRIL 15, 2011 AT 11:25 A.M. SAN DIEGO — A San Diego police officer facing charges that he sexually assaulted five women during traffic stops has been fired, the department said Friday. Anthony Arevalos, 40, an 18-year department veteran, was terminated Thursday after an internal investigation into the allegations, Police Chief William Lansdowne said. . http://www.signonsandiego.com/news/2011/apr/15/sd… . SDPD sergeant faces stalking charge THURSDAY, APRIL 14, 2011 AT 8:52 A.M. SAN DIEGO — San Diego police sergeant has been charged with stalking and harassment in a case reportedly involving a female officer. Sgt. Kenneth H. Davis, a 23-year veteran of the department, was arraigned Feb. 10 and charged with one count of stalking and three counts of making harassing telephone calls, police Lt. Andra Brown said Thursday. . http://www.signonsandiego.com/news/2011/apr/14/sd… . Lawyer expects charges against SDPD officer WEDNESDAY, APRIL 13, 2011 AT 9:43 P.M. A lawyer who represents a San Diego police officer suspected of driving under the influence and leaving the scene of a traffic incident in February said Wednesday he expects felony charges to be filed against his client. Defense attorney Cole Casey said he has been told by prosecutors that felony DUI and felony hit-and-run charges will be filed against Officer David Hall in connection with the incident. Casey said he expects his client to be arraigned in early May . http://www.signonsandiego.com/news/2011/apr/13/la… . L.A. County sheriff's deputy convicted of assaulting ex-girlfriend April 15, 2011 | 11:40 am A Los Angeles County sheriff's deputy faces up to 18 years in prison after an Orange County jury found him guilty of kidnapping, falsely imprisoning and assaulting his ex-girlfriend with a firearm. . http://latimesblogs.latimes.com/lanow/2011/04/la-… .— April 25, 2011 12:19 p.m.
Labor Pains for San Diego Police
Mayor Sanders says the pensions for police must remain defined benefit to attract “talent.” =============== That is the same whopper they said about 3%@50,about a 4/10 work week, about 6 figure salaries. It was bogus then, it is bogus now. Cops are hired 90% out of 4 catagories, and it is NOT based on merit; 1- Family (Hi LAPD Chief Charlie Beck and 5 family members!! Hello El Cajon Police Chief Pat Sprecco and son Nick Sprecco!!!), 2- Friends, 3- Civil rights lawsuit consent decree hires for engaging in 1 & 2 above. (Hi LASD, and your female hiring requirement under the Bouman v. Baca Consent Decree!!!). 4- Military workfare hires- who are hired in extraordinary (and out of proportion) numbers.— April 25, 2011 12:17 p.m.
Fire Department Compensation Far Higher than Private Sector's: Study
JW, do you dispute that 5% ================ If JW retires and his pension is valued at $2-3 million, which is about average for a public safety pension, 5% would be $100K-$150K, or $277/month-$416/month, and that would be a contant amount from Day 1 30 years/360 momths ago in 1981. I doubt any PS member in SD contributes $416 per month TODAY towards their pensions, much less every month for 360 months total. If you were to add in the interest on that 5% they would deplete their own contributions in 2-4 years. If the county matched it in 4-8 years.— April 25, 2011 8:35 a.m.
Fire Department Compensation Far Higher than Private Sector's: Study
The story of your mother highlights the problem. A firefighter, for example, works 30 years and retires at age 50 with 90% of his/her salary, then lives another 30 years, perhaps more. ================= Men are living more than 30 years, woman are living 35+ years. We RIGHT NOW have cops and FF's and other "public safety" employees collecting pensions LONGER than they actually worked, and collecting pensions that average 3-4 times more than their average career working wage; Here is the CalPERS life expectancy data for public safety members (police and fire, which are grouped together by the pension fund): • If the current age is 55, the retiree is expected to live to be 81.4 if male, and 85 if female. • If the current age is 60, the retiree is expected to live to be age 82 if male, and 85.5 if female. • If the current age is 65, the retiree is expected to live to be age 82.9 if male, and 86.1 if female.— April 25, 2011 8:22 a.m.
Stupid Things My Husband Does--Day 3
Father Time catches up to everyone. I WISH I looked like I did even 15 years ago, solid as a rock with low bodyfat, but that is in the past. I still work out, still eat halfway decent, and am happy with the way I am aging. Don't let the gray hairs and extra BF get to you-it happens to everyone. The key to to be happy with your body image, and do NOT expect to looklike you did in your college yers. I have to say though, men do seem to age a few years slower than women.— April 24, 2011 9:01 p.m.
Letting Go... The End Of An Era
Olds 88 is one cool ride!!! Olsmobile was founded in Lansing, Michigan and they had/have the Oldsmobile Museum there. The beautiful minor league ball park across the street was named Oldsmobile Park(since renamed after GM shut down the Olds brand). The minor league team is named the "Lansing Lugnuts". I highly recommend catching a game there if you're ever in the area.— April 24, 2011 7:34 p.m.
Some Copley Retirees May -- Repeat, MAY -- Get Refunds
Have ANY of the LA Jolla properties sold?— April 24, 2011 7:31 p.m.
Fire Department Compensation Far Higher than Private Sector's: Study
Jack cooked the books ================ McGrory should be in prison for fraud. I have said it may times, he is the #1 reason we are in debt up to our ears, he committed financial fraud. If the City were a private company McGrory would have been sent to the Joint for a decade or two.— April 24, 2011 7:29 p.m.