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Santa Clara County fire chief, retiring but not leaving, will draw both salary and pension
mercurynews.com ^ | 12/27/2010 | Karen de Sá

Posted on 12/28/2010 3:28:47 PM PST by artichokegrower

Santa Clara County's veteran fire chief, Kenneth Waldvogel, will retire at the end of the month, but the 57-year-old won't be packing up his office just yet. He'll be back on the job in January, taking home his $236,691 annual salary as a consultant -- on top of a $200,000 yearly state pension. County officials say the move gives them time to search for a new chief, but critics call the deal a classic case of "double-dipping" -- a practice that has outraged the public and frustrated lawmakers trying to rein it in.

(Excerpt) Read more at mercurynews.com ...


TOPICS: Crime/Corruption; Culture/Society; Government; US: California
KEYWORDS: bankrupt; broke; ca; calpers; debt; doubledipping; pensions; state
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To: artichokegrower

And the private sector (for the most part) has defined benefits plans, not defined contribution plans.

The ones that don’t end up getting gubmint bailouts(think GM/UAW)


81 posted on 12/29/2010 7:47:02 AM PST by WOBBLY BOB ( "I don't want the majority if we don't stand for something"- Jim Demint)
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To: vette6387
I live in the county to the north of Santa Clara. Firefighters in our district make $100k in base salary, but virtually all of them take home from $180k to $250k due to “overtime.” Our chief retired recently at 51! He received a raise of almost $100k/yr. by retiring. Last year’s pay: $188k, first year’s pension: $286k

We're being gang raped by those in government....

82 posted on 12/29/2010 2:27:01 PM PST by dragnet2 (Diversion and evasion are tools of deceit.)
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