Posted on 06/20/2011 11:43:01 AM PDT by NoLibZone
Here's some fun facts. OK, maybe not so fun depending on your perspective.
The average retiree from San Francisco city government earns an annual pension of $46,272, according to the San Francisco Employees' Retirement System. The average retiree who worked at least 30 years in city government earns an annual pension of $76,981.
The average pension for a retiree from the fire department is $108,552. From the police department? $95,016. And everybody else? $41,136.
The figures show most retirees aren't getting anywhere near the fat packages that outrage many city residents - like the $264,000 pension paid to former Police Chief Heather Fong last year.
But city retirees are doing pretty well compared to working San Franciscans. Census data shows the median family income in the city is $86,546. Per capita income is $44,373.
Public Defender Jeff Adachi is gathering signatures to place a measure on the November ballot that would require city workers to pay far more of their salaries toward pensions. Currently, most pay 7.5 percent of their paychecks, but some highly-paid employees would pay double that in bad economic years under Adachi's plan.
"I think it's interesting that the average pension paid to a city employee is higher than the average earnings of most San Franciscans," he said. "When you start looking at the total cost of these pensions, it's through the roof."
Larry Bradshaw, vice president of Service Employees International Union Local 1021, said the averages are skewed by highly paid workers and "your meat and potatoes city worker" like janitors and clerks earn pensions not much higher than $20,000.
Read more: http://www.sfgate.com/cgi-bin/blogs/cityinsider/detail?entry_id=91113#ixzz1PqHlIP00
(Excerpt) Read more at sfgate.com ...
No wonder Monk retired.
Eurofrisco is their own little Greece.
Around 2008 the Police Chief of the SF General HOSPITAL was paid A HALF A MILLION DOLLARS —for wages and overtime in ONE YEAR.
His beat is only one hospital.
“Work harder, slaves! Millions of govt ‘workers’ are depending on your taxes!”
In an SF weekly (for restaurants and movies, mostly) I read the account of one HIV+ illegal from Guatemala whose service animal was an IGUANA.
The legal protections on the Iguana were so ferocious he could bring it on any bus, BART or restaurant even with no questions asked.
SF is chilly but the critters must remain cozy —so his heating bill (which YOU pay) is sky-high.
He also lives in Section 8 housing.
Nice, huh? Sounds like I made it all up, right?
“Amerika’s nomenklatura”
http://www.investors.com/NewsAndAnalysis/Article.aspx?id=528809
For those who remember the old Soviet Union, it was a grim place — at least for average citizens. But not so for those in government. Contrary to the official ideals of equality and a classless society that the ruling communist regime espoused, the USSR created a privileged class of party members inside government — the nomenklatura.
This semipermanent bureaucracy earned higher incomes, got better health care, ate better food and had greater job security than average Russians, the much-despised proletarians. Today, our bloated government seems, in significant ways, to be creating this same dynamic.
Everyone says "Cut something, but don't cut my stuff! I deserve this! I paid in!"
Well ... it's all going away. The math is relentless.
Yeah, but there are a lot of dead people in the morgue ... and I didn't hear of one outbreak of Zombies breaking loose from the Hospital and terrorizing the neighborhood.
Well done, SF General Hospital Police Chief!
I forgot to mention:
City employees can have the sex-change operation of their domestic partner (who it seems to me could be an illegal alien, as SF is a sanctuary city) paid for by the city.
In the Mission District the per capita incidence of TB is the same as Mexico. Do I need to say why?
Private sector again is robbed and gang raped by government.
Money can and will buy anything
16 U.S. Cities That Could Face Bankruptcy in 2011
http://www.freerepublic.com/focus/f-news/2646712/posts
San Diego, Ca.
New York, NY
San Jose, Ca.
Cincinnati, Oh.
Honolulu, Hi.
San Francisco, Ca.
Los Angeles, Ca.
Washington, D.C.
Newark, NJ
Detroit, Mi
Reading, Pa
Joliet, Il
Camden, NJ
Hamtramck, Mi
Central Falls, RI
Paterson, N.J.
BONUS: Chicago, Il
The First 10 City Pensions That Will Run Out Of Money
http://www.freerepublic.com/focus/f-news/2647985/posts
#10 Fort Worth...Unfunded liability: $2 billion Unfunded liability per household: $7,212 Solvency horizon: 2023
#9 Detroit...Unfunded liability: $6.4 billion Unfunded liability per household: $18,643 Solvency horizon: 2023
#8 Baltimore...Unfunded liability: $3.7 billion Unfunded liability per household: $15,420 Solvency horizon: 2022
#7 New York City...Unfunded liability: $122.2 billion Unfunded liability per household: $38,886 Solvency horizon: 2021
#6 Jacksonville...Unfunded liability: $4 billion Unfunded liability per household: $12,994 Solvency horizon: 2020
#5 St. Paul...Unfunded liability: $1.4 billion Unfunded liability per household: $13,686 Solvency horizon: 2020
#4 Cincinnati...Unfunded liability: $2 billion Unfunded liability per household: $15,681 Solvency horizon: 2020
#3 Boston...Unfunded liability: $7.5 billion Unfunded liability per household: $30,901 Solvency horizon: 2019
#2 Chicago...Unfunded liability: $44.8 billion Unfunded liability per household: $41,966 Solvency horizon: 2019
#1 Philadelphia..Unfunded liability: $9 billion Unfunded liability per household: $16,690 Solvency horizon: 2015
1 posted on Monday, December 27, 2010 10:03:27 AM by FromLori
I don’t see Eurofrisco on the top 10- they must have more creative accountants than the rest.
I just see a bunch of cities run by leftards.
That’s what happens when you have a city of juvenile sex-crazed single people who don’t want and don’t care to build a family......
.....Damn the Tikes, full speed ahead!!
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