Posted on 12/31/2016 3:18:06 PM PST by artichokegrower
James Mussenden doesn’t bring up his pension in casual conversation. No point getting his golf partners’ blood boiling.
The retired city manager of El Monte collects more than $216,000 a year, plus cost-of-living increases and fully paid health insurance.
“It’s giving me an opportunity to do a number of things I didn’t get to do when I was younger, like travel to Europe, take some things off my bucket list,” Mussenden, 66, said recently. He even flew to Scotland to play the famed Old Course at St. Andrews, a mecca for golf enthusiasts.
(Excerpt) Read more at latimes.com ...
We are living in the new feudal system. The public employees are the lords, barons and dukes while we in the private sector are the serfs.
Well said! *tagline
Exactly.
I loathe government “workers” more and more everyday.
They are LAZY bums who’re unable to compete in the private sector.
Mr. Trump needs to end these lavish retirements FAST!
All gov retirement benefits need to be indexed to average private sector retirement benefits.
The excess goes into the “social security trust fund”.
Oh yeah and gov workers can’t receive any benefits until they’re 68.
Something stinks
Original Lurker wrote: “Mr. Trump needs to end these lavish retirements FAST!”
Most of these “lavish retirements” are at the state, local, and city level. There is next to nothing Trump can do about them.
A taxpayer revolt is needed.
Trickle down.
look up what a Full Time lifeguard makes in Newport Beach California
makes your blood boil
Not really. This guy is just another political hack crook who got his “managerial” job through political connections, drew down his monstrous salary while functioning as a figure head, while mass of far lower paid drones scurried around to carry his water.
It’s how most government enterprises operate.Hopefuloy, Trump provides an inspiration to correct this crap.
I’m in the public sector....Yes the pensions are very lucrative to those at the top of the food chain. I have been in it for some 25 years. I have worked hard and paid the price of missing many Holidays, birthdays and family events. Just remember it is the POLITICIANS that have caused this monster. I have never known anyone who has earned anything with a no show ob, except for those that have a hook with their sugar daddy at the top.
What some gov-co drones make on the state level that I know for barely doing anything irks me to no end.
There are plenty of honest working people in state government that make little. I was one of them. The bigger the liberal, the more they,tended to make.
Government workers may be all that and more, however it is the voters via the politicians they place into office that allow those ‘lazy bums’ to receive those ‘lavish’ retirements. If the taxpayer/voters are unable/unwilling to change the political scene then they had better find a way to lessen their ‘contributions’ to said system otherwise they are enabling the ‘problem’.
If one where to contemplate the situation, it appears that those ‘lazy bums’ are actually fairly smart in that they are maximizing their earnings with apparent minimal effort ......thanks to a compliant tax paying public.
Mr. Trump can only effect change at the Federal level. State and local obligations are a whole different matter.
There is one thing Trump can do : veto any federal bailout when the jurisdictions backing those lavish pensions go bust.
SauronOfMordor wrote: “There is one thing Trump can do : veto any federal bailout when the jurisdictions backing those lavish pensions go bust.”
I can’t agree. I can’t see any rationale for federal bailouts for any state, local, or city jurisdictions.
BTW, that’s one of the reasons so many state, local, and city administrations are fighting legislation that would allow them to declare bankruptcy. If bankruptcy is an option, then these lavish pensions will have to be renegotiated. If bankruptcy is not an option, then they can hope for federal bailouts.
Funny thing is these jurisdictions can find money to pay for lawyers for illegals but not to fund their pension plans.
These are truly the robber barons.
It may well be past the time to man the pitchforks.
Are you a member of a public employee union?
I like how people defend these things, claiming it isn’t embezzlement because someone else promised it to them.
Yeah, sorry, still embezzlement.
No. Public employee pension systems need to be shifted to a defined contribution basis.
The day will come where those pension checks stop going out.
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