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Skyrocketing Employee Costs Drive Another California City To The Edge Of Bankruptcy
Business Insider ^ | 06/04/2011 | Grace Wyler

Posted on 06/05/2011 6:21:11 AM PDT by SeekAndFind

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1 posted on 06/05/2011 6:21:18 AM PDT by SeekAndFind
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To: SeekAndFind

For those who don’t know, Stockton’s population is TWICE the size of Vallejo ( its neighbor ). Stockton has about 300,000 residents.


2 posted on 06/05/2011 6:24:24 AM PDT by SeekAndFind (u)
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To: SeekAndFind

“Unexpected”.


3 posted on 06/05/2011 6:25:11 AM PDT by GlockThe Vote (F U B O ! ! !)
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To: SeekAndFind

Not to worry. The “Takers” (Democrats)will just get taxpayer money from somewhere else.


4 posted on 06/05/2011 6:25:15 AM PDT by blueunicorn6 ("A crack shot and a good dancer")
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To: SeekAndFind

I don’t see why they don’t just increase taxes on the rich.


5 posted on 06/05/2011 6:37:19 AM PDT by Brilliant
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To: Brilliant
I don’t see why they don’t just increase taxes on the rich.

Brilliant! I bet they are working on it...

6 posted on 06/05/2011 6:38:45 AM PDT by raybbr (People who still support Obama are either a Marxist or a moron.)
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To: SeekAndFind

Why don’t they start taxing those who don’t pay taxes?

Also, start taxing items that aren’t already taxed and tax the rich more; oh and tax gas more too.


7 posted on 06/05/2011 6:43:45 AM PDT by Bloodclot
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To: All
CALI PUBLIC SAFETY A MUST----$200,000 Lifeguards to Receive Millions in Retirement
Townhall.com | May 8, 2011 | David Spady
FR Posted by Kaslin

EXCERPT Public outrage over California's lavish government employee compensation and pensions is becoming more heated as new revelations about excesses seem to crop up every week. The latest: Newport Beach, California, where some lifeguards have compensation packages that exceed $200,000 and where these "civil servants" can retire with lucrative government pensions at age 50.

Newport Beach has two groups of lifeguards. Seasonal tower lifeguards cover Newport’s seven miles of beach during the busy summer months. Part-time seasonal guards make $16-22 per hour with no benefits. They are the young people who man the towers and do the lion’s share of the rescues. Another group of highly compensated full-time staff work year-round and seldom, if ever, climb into a tower......... the typical Daily Deployment Model in the winter for these lifeguards is 10 hours per day for four days each week, mainly spent driving trucks around, painting towers, ordering uniforms and doing basic office work—none are actually manning lifeguard towers.

........last year the top earner received $211,000 in pay and benefits, including a $400 sun protection allowance. In 2010 all but one of the city’s full-time lifeguard staff had annual compensation packages worth over $120,000. Not bad pay for a lifeguard - but what makes these jobs most attractive is the generous retirements. One recently retired lifeguard, age 51, receives a government retirement of over $108,000 per year—for the rest of his life. He will make well over $3 million in retirement if he lives to age 80.

In 1999, California legislators, including many Republicans, felt very generous with the public's tax dollars and created "three at fifty" for public safety workers. SB 400 allowed these government employees to retire as early as age 50, well over a decade before their counter-parts in the private sector, and calculate their annual retirement pay at three percent per year or 90% of their final year's pay.

With the ability to spike final year's pay based on over-time, vacation and sick leave time, uniform allowances, etc., many former government employees now earn more retired than when they worked. There was a domino effect of this incredibly generous law resulting in local communities jumping on board to stay "competitive" by offering local public safety personnel, including lifeguards, the same great deal. Thousands of state and local employees are locked into generous pension contracts which the courts have decided cannot be broken despite the lack of budgets to pay for them.

According to a Stanford University study, California taxpayers are facing a pension liability that could exceed $500 billion, a figure the non-partisan Little Hoover Commission says will "crush" government.

As bad as Newport Beach's situation is, it pales in comparison to some other cities in California. The city of Fresno currently spends 53 cents of every payroll dollar on pensions. The state average is 31 percent and is expected to rise significantly in the next few years. --SNIP--

SOURCE http://media.townhall.com/Townhall/Reu//b//2009%5C243%5C254f62a0-a420-4f58-b614-1b2fd0b8bd1b@news.ap.org.jpg

8 posted on 06/05/2011 6:44:40 AM PDT by Liz ( A taxpayer voting for Obama is like a chicken voting for Col Sanders.)
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To: SeekAndFind

Does anyone remember the name of the town near Atlanta GA that outsourced all their infrastructure maintenance etc an the employees they did keep fire ems an police as well as small number of clerks all were on a 401k an medical while an employee only....

There was a very good book written on their overhaul of city goobermint that worked very well for all involved including the taxpayer.

Dang I wish I could remember


9 posted on 06/05/2011 6:47:48 AM PDT by Squantos (Be polite. Be professional. But have a plan to kill everyone you meet)
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To: SeekAndFind
Oh....oh....oh I know, they could raise taxes! Of course that will result on the remaining producers to move out so they won't have any revenue at all.

The good news about that is if everyone moves out, they won't need city workers and VIOLA, no more money problems.

10 posted on 06/05/2011 6:49:19 AM PDT by McGavin999 ("I was there when we had the numbers, but didn't have the principles"-Jim DeMint)
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To: Liz
"In 2010 all but one of the city’s full-time lifeguard staff had annual compensation packages worth over $120,000. Not bad pay for a lifeguard - but what makes these jobs most attractive is the generous retirements."

Dang, doesn't anybody in that state have a brain? How have they allowed this to happen?

11 posted on 06/05/2011 7:05:25 AM PDT by WHBates
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To: Squantos; SeekAndFind
Sandy Springs, GA
12 posted on 06/05/2011 7:14:46 AM PDT by martin_fierro (< |:)~)
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To: Brilliant

It is the only practical solution, besides the rich have more then enough money. We cant let children starve and how do you expect their baby mama to take of them if nobody pays her rent,light bill, cellphone, healthcare, etc.

I sure wish old, broke down, white, conservative construction workers could get some of that pie, especially since we have been paying for it all out lives.

Must be nice.


13 posted on 06/05/2011 7:18:46 AM PDT by winodog
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To: blueunicorn6
"Not to worry. The “Takers” (Democrats)will just get taxpayer money from somewhere else. "

Why not...we're all Americans? Just because you work harder does not mean you should have more. <>

14 posted on 06/05/2011 7:20:39 AM PDT by blam
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To: martin_fierro
The average household income of Sandy Springs is $135,000 per household, 79% of the jobs are white-collar jobs.

Not a normal town....

15 posted on 06/05/2011 7:29:07 AM PDT by blam
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To: AdmSmith; AnonymousConservative; Berosus; bigheadfred; Bockscar; ColdOne; Convert from ECUSA; ...

Thanks SeekAndFind.


16 posted on 06/05/2011 7:32:13 AM PDT by SunkenCiv (Thanks Cincinna for this link -- http://www.friendsofitamar.org)
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To: SeekAndFind

Cut to the chase.
How long until we’re bailin’ em out?


17 posted on 06/05/2011 7:44:36 AM PDT by Lorianne (o)
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To: blam

Saw your recon team. Guns and dogs...you can be my neighbor anytime.


18 posted on 06/05/2011 7:46:21 AM PDT by blueunicorn6 ("A crack shot and a good dancer")
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To: Liz

Some years ago, the company I worked for wanted to build an asphalt storage and loadout plant in Stockton. It was to be on city owned property, a former Army base with river and rail access.

By the time the state air board, the county air board, the neighborhood board and various other interested parties got done with us, we built the thing in Reno.


19 posted on 06/05/2011 7:51:59 AM PDT by Eric in the Ozarks (Eh ?)
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To: Brilliant
I don’t see why they don’t just increase taxes on the rich.

There are no rich people in Stockton. It's the most miserable city in America. Really an awful place.

20 posted on 06/05/2011 7:58:13 AM PDT by ExtremeUnction
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