Posted on 03/26/2013 8:24:03 AM PDT by redreno
When local California official Susan Muranishi retires from her job in a couple years, she’s going to be walking away with a fat paycheck -- $423,664 a year – for the rest of her life.
Muranishi, an Alameda County administrator, makes $301,000 in annual base pay. But in addition to that, the San Francisco Chronicle reports she'll also receive:
$24,000 in “equity pay” to make sure she makes at least 10 percent more than anyone else in the county, even in retirement. An annual performance bonus of $24,000, even in retirement. Another $9,000 a year for serving on the county’s three-member Surplus Property Authority, even in retirement. $54,000 a year in “longevity” pay for having stayed with the county for more than 30 years, even in retirement.
(Excerpt) Read more at foxnews.com ...
Well, that pretty much explains why Cal. is going down the toilet.
I'm not being critical of the lady. I'm sure she deserves every penny of her union negotiated retirement check because of the hazardous nature of her position./S
Remember, California is the leader. Eventually most other states follow that lead.
Nice gig if you can get it
The people of calif are getting the giv’t and giv’t pensions they deserve
apologies to all the good Calif freepers who deserve.
It’s California — does anything else need be said?
This makes it official for me, California is insane.
What a country!
What a pantload.
California cooked itself..
You got to feel sorry for the right thinking folks who can’t get out of that hellhole. The rest of them will keep voting for the RATS.
I remember a time when government jobs were for people who couldn’t perform in the private sector. “Bless his heart, he needs to find a town job” was a common saying when referring to a person with few life skills, low motivation and/or basic, all-around unemployability.
I grew up when it was understood that people who worked for civil service were just a step or two above being non-functioning human beings. Not quite retarded, but not quite smart enough to do for themselves on the job market. We had government jobs so people like this wouldn’t go on welfare, but could do some sort of work where performance really wasn’t a big deal, and the pay was accordingly low.
Then the Unions took over and a few decades later, civil service workers are some of the highest paid people around, even though the people didn’t get any smarter or start working any harder.
She gets a performance bonus, after retirement. For what? Lowering her golf handicap?
Not surprising for SF. The cost of living in downtown San Fran rivals most of LA.
What a fantastic deal.
She must be one of the most valuable employees on the planet.
And what a privilege to live in a state that can reward its superb public servants so handsomely.
Government Rats are more equal than other Rats.
Headline after her retirement
County retiree to move out of California as taxes on her income level make it imposable to make ends meet.
I worked for a public employee union (finance, not an advocate). Your description fits most of the members I met. They believe that the work they do is so above the taxpayers that they deserve the cadilac healthcare and fat pensions and everything else. And I’m talking janitors, cafeteria workers, etc.
It’s for the children. /s
Bump
Meanwhile, the state of CA has begun confiscating money for retroactive tax increases applied to 2012 via Prop 30.
As more and more public employees retire, there will a point where the taxes will get so high that there will be tax riots.
or
These public employees pension will have to take a major haircut and then the public employees will riot.
Either way, there will be riots.
Don’t buy property in California.
And if you own property in California, sell it.
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