Even prosperous communities are being pinched. The Beaverton School District, outside Portland, had to get rid of 75 teachers last year when its mandatory pension contribution rose by $14 million. That was after shedding 340 teachers in 2012.
Aaaaaand, just like always, they need more money.
To: Libloather
Just raise taxes. Shouldn’t be a problem in Blue States.
Pension Crisis solved.
2 posted on
04/16/2018 4:33:48 PM PDT by
goldstategop
(In Memory Of A Dearly Beloved Friend Who Lives In My Heart Forever)
To: Libloather
Does the standard Ophthalmologist even come close to making 900K per year?
3 posted on
04/16/2018 4:34:04 PM PDT by
LukeL
To: Libloather
CALI FIREMAN POCKETS ANNUAL MILLION DOLLAR PENSION A Los Angeles fireman retired in his 50s with a pension of over 1 million dollars per year with lifetime medical benefits.
Job Title: Assistant Chief---Retired 2010---Years service 32
Rec'd from L/A Fire and Police Employees’ Pension Fund 2015: $1,164,022.65 annual
Lifetime Health Benefits $17,286.69 annual (Excerpt) Read more at breitbart.com ...
4 posted on
04/16/2018 4:35:05 PM PDT by
Liz
((Our side has 8 trillion bullets;the other side doesn't know which bathroom to use.))
To: Libloather
More than I receive in two years of VA disability.
11 posted on
04/16/2018 4:44:43 PM PDT by
2ndDivisionVet
(You cannot invade the mainland US. There'd be a rifle behind every blade of grass.)
To: Libloather
THIS IS SHOCKING!!!!!!
That the NYTimes is reporting this.......
14 posted on
04/16/2018 4:50:51 PM PDT by
Flycatcher
(God speaks to us, through the supernal lightness of birds, in a special type of poetry.)
To: Libloather
The Nomenklatura public pensions will bankrupt the country, NOT social security retirement benefits which are much less.
To: Libloather
Makes my $950 a month retirement look like squat!
21 posted on
04/16/2018 5:07:19 PM PDT by
W.
(.44 Magnum. No further questions needed.)
To: Libloather
Well it’s obvious the state isn’t taxing everyone enough....
duh....
22 posted on
04/16/2018 5:08:03 PM PDT by
JPJones
(More tariffs, less income tax.)
To: Libloather
The university he ran may have had thousands of employees and a billion dollar budget. Equivalent to a CEO of a mid-cap private company. A 900K pension may make sense, equivalent to a $20 million lump sum. The theory is that he could have been CEO of a biotech company.
23 posted on
04/16/2018 5:11:57 PM PDT by
cicero2k
To: Libloather
Dems rely on vote buying, that’s why.
29 posted on
04/16/2018 5:17:32 PM PDT by
NoLibZone
(Mueller, Obama, Hillary and Holder each made millions selling US uranium to Putin.)
To: Libloather
Well, he only collects that money for the months in which he’s alive.
31 posted on
04/16/2018 5:19:13 PM PDT by
fruser1
To: Libloather
The solution?
Consider a restrictive CAP of all public pensions (state by state) of say 300k/year.
The more lowly paid workers would still get their pensions, and the major league gold diggers would be limited.
36 posted on
04/16/2018 5:28:33 PM PDT by
Seaplaner
(Never give in. Never give in. Never...except for convictions of honour and good sense. W. Churchill)
To: Libloather
Illinois State pension -— $2 for every $1 you put in. If you’re highly paid, it doesn’t take long for that to add up.
To: Libloather
I think that all public pensions systems need to be rolled into SS. All the monies rolled into the SS systems and that they will be paid at the same rate as all other SS citizens.
Now.
73 posted on
04/17/2018 2:19:25 AM PDT by
Chickensoup
(Leftists today are speaking as if they plan to commence to commit genocide against conservatives.)
To: Libloather
Make all pension payments to $5K per month.
76 posted on
04/17/2018 5:28:55 AM PDT by
Cronos
(Obama's dislike of Assad is not based on his brutality but that he isn't a jihadi Moslem)
To: Libloather
So, why didn’t they get rid of ‘administrators’ instead?
82 posted on
04/18/2018 9:23:38 AM PDT by
Little Ray
(Freedom Before Security!)
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