Skip to comments.
UC executives threaten lawsuit over pension benefits ($245K 'earners' demand promised loot)
Mercury News ^
| 12/29/10
| Matt Krupnick
Posted on 12/29/2010 7:23:20 PM PST by Libloather
click here to read article
Navigation: use the links below to view more comments.
first 1-20, 21-24 next last
Maybe it'll go out of business.
To: Libloather
It’s not their money... Reason number 588392 to ban anything other than social security for public employees.
2
posted on
12/29/2010 7:25:11 PM PST
by
kingu
(Favorite Sticker: Lost hope, and Obama took my change.)
To: Libloather
Where’s that picture of Lootie when you need him?
3
posted on
12/29/2010 7:27:57 PM PST
by
kiryandil
To: Libloather
The executives want UC to honor what it says is a promise to allow them to accrue retirement benefits based on their full salaries, rather than at a federal cap set at $245,000. Hope ya got it in writing, Mr. Executive, or it don't mean jack.
To: kingu
That is a ridiculous statement.
5
posted on
12/29/2010 7:29:41 PM PST
by
MPJackal
("From my cold dead hands.")
To: kingu
That is a ridiculous statement.
6
posted on
12/29/2010 7:29:42 PM PST
by
MPJackal
("From my cold dead hands.")
To: Libloather
BRAVO! Let the defaults begin! Perhaps California will end up covering 100% of pensions up to 30K per year and only a certain percentage over that up to a (52K?) chop point. How sweet it is.
7
posted on
12/29/2010 7:29:46 PM PST
by
MSF BU
(YR'S Please Support our troops: JOIN THEM!)
To: kingu
That is a ridiculous statement.
8
posted on
12/29/2010 7:29:57 PM PST
by
MPJackal
("From my cold dead hands.")
To: kingu
Used to be government employees were PROHIBITED from being part of Social Security.
9
posted on
12/29/2010 7:33:21 PM PST
by
muawiyah
To: Libloather
Fat cats about to go on a diet.
10
posted on
12/29/2010 7:33:31 PM PST
by
Nachum
(The complete Obama list at www.nachumlist.com)
To: Libloather
LOL! Chickens coming home to roost.
11
posted on
12/29/2010 7:35:08 PM PST
by
Frantzie
(American TV = owned by the Saudis and elites - keep watching & losing your freedom)
To: Libloather
Pension famine has hit the land of CA and the carcass has been picked clean. Sorry, there is no more meat...would you like to gnaw on a bone?
12
posted on
12/29/2010 7:35:22 PM PST
by
JPG
(YES SHE CAN!)
To: Libloather
These guys who would have gone elsewhere made two mistakes ~ they didn't go, and they believed UC's lies.
Still, I've never met a college dean who couldn't be easily replaced.
13
posted on
12/29/2010 7:35:30 PM PST
by
muawiyah
To: Libloather
Mercy! I picked the wrong career1
14
posted on
12/29/2010 7:42:54 PM PST
by
night reader
(NRA Life Member since 1962)
To: kingu
Oh, I’d let them put their own money into a 401K for their own retirement. Let them be terrorized that Nancy Pelosi might get her sticky fingers on their money like we are.
I know teachers who have no clue how their retirement is going to be paid, or how the money is managed, or whether the fund is adequate. Their union organizer tells them that all is well and they nod and flit off to the next diversion.
15
posted on
12/29/2010 7:45:05 PM PST
by
TenthAmendmentChampion
(Darwinism is to Genesis as Global Warming is to Revelations.)
To: Libloather
Hey democrats, tell us again who the greedy ones are.
16
posted on
12/29/2010 7:48:22 PM PST
by
abigailsmybaby
( I'm not going to buy my kids an encyclopedia. Let them walk to school like I did. Yogi Berra)
To: MSF BU
These “rich” college millionaire profiteers! LOL!
17
posted on
12/29/2010 7:48:33 PM PST
by
Frantzie
(American TV = owned by the Saudis and elites - keep watching & losing your freedom)
To: Libloather
"Maybe it'll go out of business. "Let Justice be done:
Close the school, sell the campus to the Northern California Bible College.
.....or better yet, sell it to the Marine Corps for an Urban Warfare Training Facility. Berkeley definitely deserves it!
18
posted on
12/29/2010 7:59:46 PM PST
by
cookcounty
(Why does Obama HATE the Honduran Constitution?)
To: TenthAmendmentChampion
19
posted on
12/29/2010 8:32:46 PM PST
by
Libloather
(Teapublican, PROUD birther, mobster, pro-lifer, anti-warmer, enemy of the state, extremist....)
To: Libloather
Let’s see...an annual pension of $184,000?
If the prof retires at 60, and lives to age 80, that would be the equivalent of $3.6 million.
So, if that person worked for the UC system for 30 yrs, to cover that amount, they would have had to contribute about $122,000/yr (revenue neutral). Exactly how much of their OWN money did they contribute to their OWN retirement plan each yr?
20
posted on
12/29/2010 8:43:09 PM PST
by
Ethrane
("obsta principiis")
Navigation: use the links below to view more comments.
first 1-20, 21-24 next last
Disclaimer:
Opinions posted on Free Republic are those of the individual
posters and do not necessarily represent the opinion of Free Republic or its
management. All materials posted herein are protected by copyright law and the
exemption for fair use of copyrighted works.
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson