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I can't understand why CA is in such dire straits

Whitewing

Well-known member
:roll:

When local California official Susan Muranishi retires from her job in a couple of years, she’s going to be walking away with a fat paycheck -- $423,664 a year – for the rest of her life.

Muranishi, an Alameda County administrator, makes $301,000 in annual base pay. But in addition to that, the San Francisco Chronicle reports she'll also receive:
$24,000 in “equity pay” to make sure she makes at least 10 percent more than anyone else in the county, even in retirement.
An annual performance bonus of $24,000, even in retirement.
Another $9,000 a year for serving on the county’s three-member Surplus Property Authority, even in retirement.
$54,000 a year in “longevity” pay for having stayed with the county for more than 30 years, even in retirement.

Like other county executives, she’ll also get an $8,292-a-year car allowance. According to the county auditor's office, her pension would be equal to her annual pay package now.

Muranishi, 63, has been employed with the county for nearly 40 years.

News of Muranishi’s payout comes at a time when nearby Stockton, Calif., is trying to enter bankruptcy. On Monday, the city faced off with its creditors in U.S. Bankruptcy Court to decide the issue. Stockton is one of several California localities saying they’ve run out of money and can’t pay their creditors. Lawyers for the city announced Monday it has cut its budget and services and has no choice but to enter bankruptcy.

According to The Associated Press, one attorney mentioned “the 800-pound gorilla in the room” – whether public employees’ pensions, long thought to be legally untouchable, could be reduced via bankruptcy.
 

Mike

Well-known member
Meanwhile:
OAKLAND (KCBS) – Officials in Alameda County are warning residents social services will be severely cut if the governor’s proposed budget is eventually passed by the legislature, affecting thousands of children, elderly and disabled.

Last summer the county had to close a $152 million budget deficit. County manager Susan Muranishi would not speculate how much this year’s cuts would be, but in a letter to the governor, said people who depend on CalWORKs funds, in-home care, and child care would be affected.

KCBS’ Bob Melrose Reports:

Alameda County Officials Plea To Governor Brown: Reconsider Budget Cuts

County officials have been making visits in a tour that they call “the worst is yet to come” to emphasize the dilemma.

Muranishi told people at the State Building in Oakland that public employees are doing their part.

“Our labor organizations have almost all come to the table and taken three years of almost no cost of living increases,” said Muranishi.

Muranishi went on to say that many of them have picked up almost ten percent of their health-care premiums.

The dire predictions do not include what would happen if state tax hikes are not extended.
 

Mike

Well-known member
Wondering if she's one of those "caring" Democrats, working and struggling for the middle class?

Actually, since her family is from Hiroshima, she's getting her "payback".
 
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