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Old 02-25-2014, 06:43 PM
 
364 posts, read 608,270 times
Reputation: 620

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Here's a website where you can find the salaries and pensions of government employees. Maybe someone can help to figure out how it works. I went to the Alameda County pensions and found the first person listed has a pension of over $500,000. What does that mean? Surely they don't mean that this public employee gets $500,000/yr for retirement?

Transparent California
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Old 02-25-2014, 07:08 PM
 
Location: Florida
2,209 posts, read 7,625,317 times
Reputation: 638
The snake that eats itself
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Old 02-25-2014, 07:38 PM
 
Location: California
37,035 posts, read 41,961,954 times
Reputation: 34834
Ohh nice.
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Old 02-25-2014, 07:52 PM
 
Location: Boulder Creek, CA
9,197 posts, read 16,768,548 times
Reputation: 6373
Shall we conjecture that you are supportive of Mayor Reed's push to get pension reform on the CA ballot?
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Old 02-25-2014, 11:46 PM
 
Location: Central Bay Area, CA as of Jan 2010...but still a proud Texan from Houston!
7,484 posts, read 10,399,273 times
Reputation: 8955
And the Big Wheel keeps on spinning
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Old 02-26-2014, 08:00 AM
 
25,619 posts, read 36,502,350 times
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Heard about this on Armstrong and Getty. I thought someone posted a link similar to this last year or a few years ago.
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Old 02-26-2014, 09:03 AM
 
2 posts, read 3,447 times
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Quote:
Originally Posted by sunshine7793 View Post
Here's a website where you can find the salaries and pensions of government employees. Maybe someone can help to figure out how it works. I went to the Alameda County pensions and found the first person listed has a pension of over $500,000. What does that mean? Surely they don't mean that this public employee gets $500,000/yr for retirement?

Transparent California

The pension data is base pension amount received for the relevant year. We mostly only have 2012 up, so the Alameda County person you are referring to does, in fact, receive that amount on an annual basis. All numbers are annual amounts that were paid out in 2012.

I spoke to the web guy about making this more clear on the site, as many have asked this same question.
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Old 02-26-2014, 09:05 AM
 
2 posts, read 3,447 times
Reputation: 10
Quote:
Originally Posted by transparencyca View Post
The pension data is base pension amount received for the relevant year. We mostly only have 2012 up, so the Alameda County person you are referring to does, in fact, receive that amount on an annual basis. All numbers are annual amounts that were paid out in 2012.

I spoke to the web guy about making this more clear on the site, as many have asked this same question.

Google "pension spiking" to see why this type of pension is possible. This is unique to California because of their pension formula rules.
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Old 02-26-2014, 02:20 PM
 
364 posts, read 608,270 times
Reputation: 620
I count 570 people getting over $200,000 per year. And thousands (tens of thousands?) getting over $100,000 per year. Sweet deal. A salary of $200K equals $100 per hour. At $100K per year that's $50/hr. Imagine sitting on the park bench feeding the birds while you make $50-$100 per hour for the rest of your life.

I say this is the result of the one-party government that has run amok in CA.
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Old 02-27-2014, 11:13 PM
 
Location: Pahrump, NV
2,821 posts, read 4,458,013 times
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are these figures gross pay? or take home pay?
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