Political Wrinkles  

Go Back   Political Wrinkles > Political Forums > Local Politics
Register FAQDonate PW Store PW Trivia Members List Calendar Search Today's Posts Mark Forums Read

Local Politics Discuss City pension pays more than average worker earns at the Political Forums; City pension pays more than average worker earns Here's some fun facts. OK, maybe not so fun, depending on your ...

Reply
 
Share LinkBack Thread Tools Display Modes
  #1 (permalink)  
Old 06-20-2011, 10:22 AM
cnredd's Avatar
Administrator
 
Join Date: Oct 2007
Location: Philadelphia
Gender: Male
Posts: 56,687
Thanks: 2,380
Thanked 38,159 Times in 21,429 Posts
Default City pension pays more than average worker earns

City pension pays more than average worker earns

Quote:
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 with working San Franciscans. Census data show 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."
It's amazing (in a very sad way) that this country has suceeded due to the private sector, yet there are attempts at every corner to suffocate it in favor of non-productive government jobs...
__________________
"You get the respect that you give" - cnredd
Reply With Quote
  #2 (permalink)  
Old 06-20-2011, 01:11 PM
Coyote's Avatar
Vole deMorte (the snack)
 
Join Date: Feb 2008
Location: West Virginia
Posts: 14,492
Thanks: 11,549
Thanked 8,279 Times in 5,306 Posts
Default Re: City pension pays more than average worker earns

Quote:
Originally Posted by cnredd View Post
City pension pays more than average worker earns

It's amazing (in a very sad way) that this country has suceeded due to the private sector, yet there are attempts at every corner to suffocate it in favor of non-productive government jobs...
hmm...I don't consider fire fighters and police to be "non-productive government jobs". I suspect their pensions are WELL EARNED.
__________________

DISCLAIMER: Extreme amounts of sarcasm can possibly result in inflammatory situations. Not responsible for keyboard violence, spittle on the monitor, irrational responses mistaken for momentary brilliance, one-sided rages against hypocrisy or individual members or unintended consequences such as poor personal hygiene and bad spelling. Please fasten your seatbelts and put your trays in an upright position.
Reply With Quote
Reply

Tags
average, city, earns, more, pays, pension, than, worker

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On

Forum Jump


All times are GMT -5. The time now is 04:03 AM.


Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2021, vBulletin Solutions, Inc.

Content Relevant URLs by vBSEO 3.2.0