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Author Topic: I wish military retirement was this lucrative! Back to Topics
AFSNCO

Champion Author
Montgomery

Posts:18,750
Points:1,690,555
Joined:Aug 2008
Message Posted: Mar 26, 2013 12:55:29 PM

California county administrator to get $423,644 a year -- after retirement

"Muranishi, an Alameda County administrator, makes $301,000 in annual base pay. But in addition to that, the San Francisco Chronicle reports she'll also receive:

$24,000 in “equity pay” to make sure she makes at least 10 percent more than anyone else in the county, even in retirement.
An annual performance bonus of $24,000, even in retirement.
Another $9,000 a year for serving on the county’s three-member Surplus Property Authority, even in retirement.
$54,000 a year in “longevity” pay for having stayed with the county for more than 30 years, even in retirement."
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teacher_tim
Champion Author Maryland

Posts:18,552
Points:805,885
Joined:May 2004
Message Posted: Mar 26, 2013 6:50:57 PM

Baltimore's former mayor was convicted of stealing gift cards from the poor at Christmas, forced to resign and STILL gets her fat pension.


[Edited by: teacher_tim at 3/26/2013 6:52:12 PM EST]
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sgm4law
Champion Author Maryland

Posts:22,376
Points:2,831,920
Joined:Mar 2006
Message Posted: Mar 26, 2013 3:31:07 PM

It's unethical at best, criminal at worst. Didn't they prosecute those leeches in the city of Bell, California that made out like bandits?
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AFSNCO
Champion Author Montgomery

Posts:18,750
Points:1,690,555
Joined:Aug 2008
Message Posted: Mar 26, 2013 3:18:08 PM

Isn't that just the dumbest thing ever? I served 27 years in the Air Force and my retirement percentage is about 68%. But that is only of my base pay and it is also based on high 3...which means they take the average of my monthly base salary over the last 3 years of service. Because they only give it based on my base pay it means that in reality I get about 50% of my monthly salary.

This lady is getting more than 100% of her base salary...ridiculous.
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worryfree
Champion Author Twin Cities

Posts:26,695
Points:2,274,475
Joined:Oct 2005
Message Posted: Mar 26, 2013 2:36:59 PM

No wonder California is broke
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I75at7AM
Champion Author Dayton

Posts:72,636
Points:2,887,520
Joined:Feb 2006
Message Posted: Mar 26, 2013 1:14:06 PM

The only reason people get away with robbery like this is because the taxpayers let them.
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