Comments on: CalPERS is worried https://calwatchdog.com/2013/12/08/calpers-is-worried/ Wed, 25 Mar 2015 05:26:47 +0000 hourly 1 By: Former City Worker https://calwatchdog.com/2013/12/08/calpers-is-worried/#comment-86328 Wed, 25 Jun 2014 04:47:35 +0000 http://calwatchdog.com/?p=54341#comment-86328 I have around 50k in Calpers and I am unsure whether to leave it or transfer. One thing I do know is that when Calpers abruptly halted the home loan program that was a definite sign that something was wrong. It was a great program for it’s members and they just stopped it. I personally think City workers ARE overpaid (being a former one myself) However Police and Fire have the city council members and Mayor’s at their mercy because of the potential public outcry they can create. Police & Fire are a problem but not the entire one. Trade departments like water & sewer departments have a place because they generate money while landscape, streets & parks DO NOT generate, rather TAKE money to operate.

]]> By: Ted Steele, CEO https://calwatchdog.com/2013/12/08/calpers-is-worried/#comment-49185 Thu, 12 Dec 2013 17:55:59 +0000 http://calwatchdog.com/?p=54341#comment-49185 In reply to Tough Love.

TL– Money saved is money saved and it saves billions– sorry you can’t accept that because it hurts your rhetoric.

]]> By: bkybob73 https://calwatchdog.com/2013/12/08/calpers-is-worried/#comment-49168 Thu, 12 Dec 2013 17:22:33 +0000 http://calwatchdog.com/?p=54341#comment-49168 Just for the record, The National Conference of Bankruptcy Judges annual meeting is entirely privately funded by fees for attending and involves no government funding whatsoever, including for judges’ transportation and expenses.

]]> By: Tough Love https://calwatchdog.com/2013/12/08/calpers-is-worried/#comment-48514 Wed, 11 Dec 2013 06:19:20 +0000 http://calwatchdog.com/?p=54341#comment-48514 In reply to The Ted Steele Conceptual Abstraction Unit.

Nope…just suggesting we tie the length of the pension payout to the BS coming from the Unions.

]]> By: The Ted Steele Conceptual Abstraction Unit https://calwatchdog.com/2013/12/08/calpers-is-worried/#comment-48426 Tue, 10 Dec 2013 20:57:35 +0000 http://calwatchdog.com/?p=54341#comment-48426 In reply to SkippingDog.

Oh my!!!

LOL

]]> By: The Ted Steele Conceptual Abstraction Unit https://calwatchdog.com/2013/12/08/calpers-is-worried/#comment-48425 Tue, 10 Dec 2013 20:56:30 +0000 http://calwatchdog.com/?p=54341#comment-48425 In reply to Tough Love.

LOL well we KNOW that tl is rooting for your early death— remarkable question to ask someone— sad—-

]]> By: The Ted Steele Conceptual Abstraction Unit https://calwatchdog.com/2013/12/08/calpers-is-worried/#comment-48424 Tue, 10 Dec 2013 20:55:10 +0000 http://calwatchdog.com/?p=54341#comment-48424 In reply to Tough Love.

Bwa ha ha ha– T Love spoting today? Read the agency mou and corner doc’s—the 784’s! Or maybe you are not up to speed yet little buddy?

]]> By: Tough Love https://calwatchdog.com/2013/12/08/calpers-is-worried/#comment-48349 Tue, 10 Dec 2013 06:39:41 +0000 http://calwatchdog.com/?p=54341#comment-48349 NTHEOC, All BS because 95% of the changes only apply to NEW workers.

]]> By: Tough Love https://calwatchdog.com/2013/12/08/calpers-is-worried/#comment-48347 Tue, 10 Dec 2013 06:36:38 +0000 http://calwatchdog.com/?p=54341#comment-48347 In reply to SeeSaw.

I’d give it a 50-50 chance that San Bernadino is relived of a portion of it’s IOU to CalPERS.

And if they are, I guess it will be up to CalPERS to decide if it will suck-it-up or reduce the workers’ pensions. But under no circumstances should forgiven amounts for San Bernadino be passed on to other cities to make up.

]]> By: Tough Love https://calwatchdog.com/2013/12/08/calpers-is-worried/#comment-48344 Tue, 10 Dec 2013 06:25:58 +0000 http://calwatchdog.com/?p=54341#comment-48344 In reply to S Moderation Douglas.

Quoting…”Will this effect Stockton or San Bernadino? Maybe legally, but pragmatically, they are limited in any changes they make if they still want to attract and retain a qualified police force.”

Hogwash, the difficulty in finding “qualified” candidates (among the 100’s that apply for each position) is intentionally CAUSED BY the current police rejecting qualified candidates to manufacture a perceived shortage … all to keep compensation excessively high.

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