Posted on 08/06/2010 5:18:05 PM PDT by NoLibZone
The state's embattled pension system did not act four years ago when it learned about the city's runaway salaries. The state attorney general and auditors express shock that nothing was done.
The failure of the state's embattled pension system to take action after learning four years ago of Bell city officials' runaway salaries has put the fund under another unwelcome spotlight.
The state attorney general says he is shocked that nobody at the fund alerted law enforcement. Professional auditors are perplexed by the lack of follow-up that even board members at the California Public Employees' Retirement System are at a loss to explain.
During a routine audit in 2006, CalPERS learned that Bell City Manager Robert Rizzo had received a 47% salary increase the year before, driving his pay up to $442,000. CalPERS is supposed to stop pay spikes that can unduly enlarge retiree pensions, but officials signed off on Rizzo's raise because Bell's assistant city manager and City Council members were also getting enormous boosts. CalPERS took no further action. Rizzo's salary would eventually grow to nearly $800,000.
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"A 47% increase in salary should have set off alarm bells," said California Atty. Gen. Jerry Brown, who is also the Democratic nominee for governor. "That kind of jump in pay is shocking and completely unacceptable. CalPERS should have told someone, and the attorney general's office would have been a good place to start."
(Excerpt) Read more at latimes.com ...
Before the smoke and scent of the dying overpaid rats leaves California, Calpers, the mediots in that area like the LA Times and Gerry Brown will owe the rest of us a huge apology, which will never come.
Judge Napolitano says LA Times has uncovered some serious voter fraud in Bell, this will be in the news for a long time.
Subpoenaing Bell records was Gerry Brown having a “Come to Jesus” moment.........now that he’s running for Governor.
Next Brown will have an out of body experience.....for votes.
That is funny :
The state attorney general and auditors express shock that nothing was done.
This is just the tip of the iceberg in Democrat-run cities.
Just IMAGINE what an open audit of Detroit would reveal?
And we never did get a final report about the 1/3rd of the New Orleans PD that was ghost employees during Katrina
KNeedeep in guano
MMM MMM MMMMM
I was listening to KFI this afternoon and they were talking about some of this ....just unreal.
” Next Brown will have an out of body experience.....for votes. “
Brown will get cught in a scandal having sex with a medfly. I’m series!
Brown probably had sex with medflies in his last term as governor of California. The med flies were the only creatures on earth, that would have sex with Brown.
I remember in the late 70’s that Brown pretended to be hooked up with Linda Ronstadt. I lived in Malibu at the time, as did Linda, and we all knew she was a lezbo ;-)
Unless Nutmeg can recover from her KFI Interview,...Moonbeam will be the next Governor.
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