Posted on 09/09/2013 2:56:04 PM PDT by artichokegrower
The average retirement payout for new retirees in California's biggest public pension system doubled between 1999 and 2012, according to CalPERS data, and initial monthly payments for one group nearly tripled in that period.
State and local cops and firefighters benefited the most.
In the 14 years covered by the data analyzed by The Sacramento Bee, average first-month pensions to state police and firefighters went from $1,770 to $4,978. California Highway Patrol officers' first-month retirement payments doubled from $3,633 to $7,418, and local government safety employees' pensions went from $3,296 to $6,867.
(Excerpt) Read more at sacbee.com ...
I am sick to death of unions and this crap.
In California, my town pays the highest in the state, average worker makes 75 grand and now a 5% increase this year 15% over the next five.
Yet,...........my God the weather is so nice.
Ok, seriously most of my family has moved to Texas and Oklahoma........maybe its time to follow.
Totally unsustainable, but I guess they have to pay the cops a lot of money to someday open fire on all of us.
Moved my inlaws from Mt Shasta to Kingman Az. over the past couple weeks. This weekend, at our hotel in Kingman, there were 2 U-Haul trucks and 4 U-Haul trailers, In the parking lot. The desk clerk said, since the beginning of summer, it’s been a steady stream coming out of California.
are retirement benfits taxable?
are retirement benfits taxable?
Yes unless you go out on disability. Then 50% of the benefits are non taxable.
I would not want to be a cop in California with all those gangs and drug Kings running around. I believe a cop earned every penny of that pension.
FYI
I don’t know the California specifics, but in general it all depends on how the pension system defines “pay”.
For example, let’s say a cop has 25 years of service and decides to retire. And let’s say his base pay then is $50,000 per year.
You would think that the cop’s retirement would be calculated off that $50,000. But in many cases you’d be wrong. Because if that cop knew he’d be retiring soon, in his last year he’d be grabbing all the overtime he could get.
So in his last year he might make, say, $85,000. And that’s fair enough because he put in all those extra hours in that last year.
But then his pension would be based on $85,000, not $50,000.
I’m a farmer in California. Agriculture has a higher work place injury and work related death rate than law enforcement. I don’t get no pension.
Agriculture has a higher work place injury and work related death rate than law enforcement. I don’t get no pension.
True, but you get those subsidies that agriculture people get. I am not sure how much the government pays you but from FREEPERS it is a nice sum of money. The other thing is that the death rate of a cop is pretty high.
Yep, and the unions rewarded democrats with 100% control of the state government.
Preliminary 2013 Law Enforcement Officer Fatalities
September 9, 2013 vs. September 9, 2012
| 2013 |
2012 | % Change | |
| Total Fatalities | 67 | 79 | -15% |
| Firearms-related | 21 | 32 | -34% |
| Traffic-related | 26 | 34 | -24% |
| Other Causes | 20 | 13 | +54% |
|
Please note: These numbers reflect total officer fatalities comparing September 9, 2013 to September 9, 2012. |
|||
2013 Fatalities by State
| California | 7 |
| Arkansas | 6 |
| Texas | 6 |
| Louisiana | 5 |
| Mississippi | 4 |
| New York | 4 |
| Florida | 3 |
| Georgia | 3 |
| Arizona | 2 |
| Pennsylvania | 2 |
| Virginia | 2 |
| Alaska | 1 |
| Colorado | 1 |
| Illinois | 1 |
| Kentucky | 1 |
| Maryland | 1 |
| Massachusetts | 1 |
| Minnesota | 1 |
| Missouri | 1 |
| Nevada | 1 |
| Oklahoma | 1 |
| South Carolina | 1 |
| Tennessee | 1 |
| Utah | 1 |
| Washington | 1 |
| West Virginia | 1 |
| Wisconsin | 1 |
Federal Agencies: 5
U.S. Territories: 2
Note: All data are preliminary and are subject to change.
The above post is for approx. 800,000 sworn officers.
The money will run out soon and those seven thousand dollar a month payouts will be reduced enormously.
You mean that Hollywood won’t demand the actors and actresses donate their wealth to keeping the state safe?
Even if, the money will run out. They can only steal so much before everybody follows Jerry Doyle to Nevada.
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