Brown signs California budget on time

Brown signs California budget on time - Wire - Lifestyle - bellinghamherald.com

Ooh!

The terse signing ceremony, on the final day of the fiscal year, capped a long and arduous path to closing a $26.6 billion deficit that led to significant cuts in government services and no tax extensions.
Brown was flanked by Assembly Speaker John Perez, and Senate leader Darrell Steinberg, Democrats who pushed through the $86 billion budget on a newly allowed majority vote after negotiations with Republicans failed.

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The terse signing ceremony, on the final day of the fiscal year, capped a long and arduous path to closing a $26.6 billion deficit that led to significant cuts in government services and no tax extensions.
Brown was flanked by Assembly Speaker John Perez, and Senate leader Darrell Steinberg, Democrats who pushed through the $86 billion budget on a newly allowed majority vote after negotiations with Republicans failed.

Click to expand...

Since they could pass it without a single republican vote, who gives a damn, really?
After years and years of saying no to cuts, dems finally had to cave and vote in cuts. About time they got a dose of reality in California.

More comprehensive site here :
California Budget - San Jose Mercury News

OpportunityCost said:

Since they could pass it without a single republican vote, who gives a damn, really?
After years and years of saying no to cuts, dems finally had to cave and vote in cuts. About time they got a dose of reality in California.

More comprehensive site here :
California Budget - San Jose Mercury News

Click to expand...

First Brown caved to the Prison Guards union by giving them unlimited banking of sick, vacation time and bonuses so they can cash them in during their last year and artificially bump their pensions. Now he caved in to the CTA teachers union by making them layoff proof in this budget. How long will the people of California tolerate Public Service Unions running the State?

(Rolls eyes)

Unions weren't even an issue on peoples mouths until that Wisconsin event. Now they are one of the four horsemen of the apocalypse.

makkam said:

(Rolls eyes)

Unions weren't even an issue on peoples mouths until that Wisconsin event. Now they are one of the four horsemen of the apocalypse.

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Overtime pay may be putting a dent in state's furlough savings
Furloughs are expected to save the state $1.2 billion this fiscal year.

But last year some workers more than offset those cuts with increased overtime.

March 06, 2010|By Patrick McGreevy

Reporting from Sacramento — Like many other state employees, prison nurse Nellie Larot was hit last year with furloughs that cut her salary: It dropped $10,000, to $92,000.

But she more than made up for it by working extra shifts, raking in $177,512 in overtime, according to state records. Her total $270,000 in earnings last year eclipsed the $225,000 paid to Matthew Cate, head of the entire state prison system.

The total overtime paid in 2009 actually dropped slightly, by $64 million from the year before. But it was up from the $808 million paid in 2005 and $598 million in 2004.

"People want more money," said Larot. The furloughs, which began in February 2009, cut her monthly pay by many hundreds of dollars. Without overtime, she said, "it would be a hardship."

Records show that the top 50 recipients of overtime last year each received more than $100,000 in extra compensation. Most were from the departments of corrections and mental health, which account for more than half of the overtime doled out by state agencies; 35 of the top 50 were registered nurses.

Other top earners include prison guard Lt. Randall Rowland, who collected $133,000 in overtime pay, and California Highway Patrol Officer Kerry Comphel, who received $127,000.

Overtime Pay Article | Overtime pay may be putting a dent in state's furlough savings - Los Angeles Times

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California's Public Sector Pensions are a ticking time bomb.

$92,000 divided by 2080 hours = $44.23 an hour for regular time and $66.34 for over time hours. Nurse Nellie made $177,512 @ $66.43 which means she worked a whopping 2672 additional hours on top of her base 2080 for a total of 4752 hours worked in one year. That would mean she worked 13 hours a day for a full year 7 days a week. If she worked 6 days a week she would have had to work 15 1/4 hours a day 6 days a week to accomplish it.

Now lets look at what her pension should look like. $92,000 * 80% = $73,600 a year in retirement or $6133.33 a month, every month in retirement. There are a whole lot of folks who would dearly love to make that much while working, let alone being retired and that doesn't include health benefits either.

Now if Nurse Nellie used that overtime year as her last before she retires what whould she get? $270,000 * 80% = $216,000 a year in retirement or $18,000 a month, every month in retirement. That would be a whopping 66% more than she would entitled to under a normal retirement pension.

If you look at the number of retirees vs the total outlay, it would appear there were a whole lot of way over inflated pensions. If Nurse Nellie retired with that year being her last she would be overpaid by $11,666.70 a month or $142,000 a year till she expired more than she actually earned. Myself, I would be just as happy to see CalPers go belly up and let the pensioneers take pennies on a dollar for what they are owed.

No contest

The information seems conceptualized, (the emphasized earnings of a set person or group outside of the majority) but I won't deny that Unions are a bit shady. When I first came to New York from Virginia, I was swarmed with all this Union nonsense. You got to have a Union this, and you got to have a Union that. You're not safe unless you get a Union. Scary thing is, you are not. And to be safe, you have to be willing to cut your check. It's like choose your poison.

Brown's the clown is the cause of the Unions creating debt & Budget problems here in the once Golden, now tarnished State of uncertainty, not to mention we're being guided by a moral compass that either spins or points South all the time.