Comments on: CA Dem lawmakers figuring out something rotten in CalPERS https://calwatchdog.com/2013/03/19/ca-dem-lawmakers-figure-out-pension-status-quo-stinks/ Fri, 07 Aug 2015 05:00:05 +0000 hourly 1 By: Dan Borenstein | Local National News https://calwatchdog.com/2013/03/19/ca-dem-lawmakers-figure-out-pension-status-quo-stinks/#comment-117657 Fri, 07 Aug 2015 05:00:05 +0000 http://www.calwatchdog.com/?p=39481#comment-117657 […] CA Dem lawmakers figuring out something rotten in CalPERS […]

]]> By: Ed Mendel | Local National News https://calwatchdog.com/2013/03/19/ca-dem-lawmakers-figure-out-pension-status-quo-stinks/#comment-117470 Sat, 25 Jul 2015 09:40:50 +0000 http://www.calwatchdog.com/?p=39481#comment-117470 […] CA Dem lawmakers figuring out something rotten in CalPERS […]

]]> By: Donkey https://calwatchdog.com/2013/03/19/ca-dem-lawmakers-figure-out-pension-status-quo-stinks/#comment-9484 Wed, 20 Mar 2013 16:34:51 +0000 http://www.calwatchdog.com/?p=39481#comment-9484 What you are missing you your skewed story steve is that the CEO’s organization created the wealth that made the cookies possible, the Walmart worker is working to sell the cookies, while the RAGWUS feeder does nothing of worth, but demands more than both. 🙂

]]> By: stevefromsacto https://calwatchdog.com/2013/03/19/ca-dem-lawmakers-figure-out-pension-status-quo-stinks/#comment-9483 Wed, 20 Mar 2013 14:37:32 +0000 http://www.calwatchdog.com/?p=39481#comment-9483 A public employee, a Wal-Mart clerk, and a CEO are sitting around a table with a plate that has a dozen cookies on it. The CEO reaches across and takes 11 cookies, looks at the clerk and says: “Watch out for that union guy, he wants a piece of your cookie.”

]]> By: Sean Morham https://calwatchdog.com/2013/03/19/ca-dem-lawmakers-figure-out-pension-status-quo-stinks/#comment-9482 Tue, 19 Mar 2013 19:31:46 +0000 http://www.calwatchdog.com/?p=39481#comment-9482 If the formula went from 2.5% to 3.0%, that is a 20 perecent increase. If the age was lowered or the years required for the pension were decreased(Don t know if those would apply) that would compuund the increase. Another contributor to the increased cost is we are all living longer, more time to enjoy boating, motorcycles,,,,

]]> By: jimmydeeoc https://calwatchdog.com/2013/03/19/ca-dem-lawmakers-figure-out-pension-status-quo-stinks/#comment-9481 Tue, 19 Mar 2013 19:02:02 +0000 http://www.calwatchdog.com/?p=39481#comment-9481 Chris – Maybe there IS some merit to the “lack of sophistication” argument…..(Not that it’s any less damnable.)
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Mr. Feckner is in his 34th year with the Napa Valley Unified School District, where he is currently employed as a glazing specialist. He has also worked as a school bus driver and instructional assistant for special needs students.
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Just the kind of guy you want heading a Board overseeing @ $230B in assets.

On the other hand – maybe he stayed at a Holiday Inn last night…… lol lol….

]]> By: CalAl https://calwatchdog.com/2013/03/19/ca-dem-lawmakers-figure-out-pension-status-quo-stinks/#comment-9480 Tue, 19 Mar 2013 17:35:42 +0000 http://www.calwatchdog.com/?p=39481#comment-9480 And your point is? Gov’t pensions are unsustainable, overly generous, and just plain wrong. Gov’t employees should NEVER receive higher compensation or benefits than their civilian counterparts … NEVER!

]]> By: Douglas https://calwatchdog.com/2013/03/19/ca-dem-lawmakers-figure-out-pension-status-quo-stinks/#comment-9479 Tue, 19 Mar 2013 14:47:07 +0000 http://www.calwatchdog.com/?p=39481#comment-9479 Highway patrol pensions did not increase 50%.

The formula increased to 3% at 50.

Those who were able to retire at 50 with thirty years service, did get a fifty percent increase. This was about one percent of retirees. Most highway patrol pensions increased by around five percent.

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