Monday, April 19, 2010

Ah, Socialsm!

Re: beautiful, just friggin' beautiful

Boned Jello
Cal Berkeley activist testing tree house living

Cuzzin Ricky enjoying a bit of schadenfreudeal glee.  --
The city of Berkeley may be trapped in what multiple officials have called an "unsustainable" pensions program that will cost the city millions of dollars to escape beginning June 2011.

At a special budget presentation to members of the Berkeley City Council Feb. 9, city officials expressed concern-but little surprise-that maintaining the current level of employee retirement benefits could bury the city even deeper into deficit.

"There is a growing recognition among public managers that the current system is not financially sustainable," the report accompanying the presentation reads. "We know that (fiscal year) 2012 will bring higher retirement costs to the city-adding significant costs to the General Fund and all other funds."

Under the program, non-safety workers who retire at age 55 receive annual payouts of 2.7 percent of their salaries for every year worked.

Pensions for city safety workers are calculated on a different scale-3 percent at age 50-but cap out at 90 percent of an individual's salary. For other public employees, however, there is no cap on how high the pensions can go.

For example, Berkeley City Manager Phil Kamlarz, who has worked for the city for 35 years, would receive 94.5 percent of his $232,020 salary plus benefits if he were to retire this year, according to city documents. [continue Pensions Program May Cause Deficit to Balloon]
Oh my.


Anonymous said...

Falcon 109.

Rodger the Real King of France said...


Anonymous said...

Is that the State Dept., West Coast office?

righty gomez

Anonymous said...

My multiplier was 1.25%, working for a very profitable Fortune 50 company. The plan was also capped at 35 years, so the largest pension was 44% of salary.
My uncle, OTH, worked for the FAA, and his pension was larger than his salary.
Maybe those hard up cities should refuse to let their employees retire, or not commence paying the pension until the retiree is age 65 regardless of retirement age.
Retirement at 94% of salary seems obscene to me.
Lt. Col. Gen. Tailgunner dick

Anonymous said...

Maybe I'm wrong, but isn't Berkely full of the kind of people who characterize my military pension (2.5%/yr. with a 75% cap, no optical or dental) as "lavish?"
They told us, when I was active, that the reason we were making such low salaries was because we had a really good retirement plan, which they actually called "deferred compensation."
To quote the guys who worked just aft of Conn on the starboard side, "Whiskey Tango Foxtrot, Oboe?"

tom said...

To quote the guys who worked just aft of Conn on the starboard side, "Whiskey Tango Foxtrot, Oboe?"

Oboe? Did they get rid of Oscar? Or am I just too fricken old to remember right?

Go to "City Journal" and read about the "Beholden State" of CA, where the unions have gotten their gold plated retirement plans and are bleeding cities into bankruptcy.
City Journal
My understanding is that many government employees get lots of OT to crank up that last years income base, and many more get disability soon after retirement.

Anonymous said...

F'n Sailors, allow me to join the pedants. It's Whiskey, Tango, Foxtrot, OVER.


LargeBill said...


You are not mistaken. Oscar represents the letter "O" in the phonetic alphabet. Though I have heard that after I retired the Navy disestablished the Signalman's rating. I assume QM's handle both jobs now.


Anonymous said...


Yeah, that's how I remember it, too.

I think some of the old squids have been hitting the torpedo juice again.

cap'n chumbucket
USS Galveston CLG-3,
USS Somers DDG-34.

Kristophr said...

Oboe was correct up until 1913.

People who learn military phonetics by reading history books and stories tend to use obsolete versions.

Kristophr said...

Although apparently some fossils in WWII insisted on using pre-WWI versions just to confuse people.

JMcD said...

Hey...there's supposed to be a T in dieTing.

molonlabe28 said...

I saw these hippies in the trees a couple of years ago when Tennessee played Cal at Berkely.

We have an unwritten zero tolerance policy for this kind of Beta male behavior in East Tennessee.

They would be clobbered with all varieties of projectiles from potato guns, sling shots, etc.

I would also recommend insect repellent, fire extinguishers and water hoses as suitable implements for ridding hippies from your trees.

Similarly, a campfire under the tree may be helpful.

So would bombarding the hippies with Sarah's speech at the Republican National Convention and music by Toby Keith, Ted Nugent, etc.

PeterT said...

They also fail to mention that it's 50 - 75% of your base pay, which is typically about 50% of you total pay.

The CoL raises once you retire suck as well....


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