CC FIRE CHIEF gets 300K pension at age 54
Posted in the Vallejo Forum
#1 May 11, 2012
His pension started at about 280K, at age 51.... Now the fire district is pushing a parcel tax to help pay for the OUTRAGEOUS pension benefits. From Half Way to Concord: THE CONTRA COSTA $100,000 PENSION CLUB HAS ITS FIRST $300,000 MEMBER
"Craig Bowen, retired chief of the San Ramon Valley Fire District, has retained the number 1 spot since the list’s inception. In fact, firefighters make up 40% of the “Club”(268 out of 645) with Contra Costa Consolidated Fire Protection District (ConFire) firefighters filling 180 of the Club membership slots."
"Ms. Hunt stated “ConFire recently announced it needs a parcel tax and the growing pension cost is clearly one of the factors involved.” David Twa, Contra Costa County Administrator, speaking at last month’s CoCoTAX meeting revealed that ConFire’s benefits cost 103% of salary. By way of comparison, private sector benefit costs average in the 33-35% range."
We are hearing these stories way too often. While CalPERS may have slightly better controls on pension spiking the CalPERS pension system is still a complete mess, with their Board of Directors dominated by union members (one of Gov. Jerry Brown's stalled reform measures is to make the board more tax payer friendly by replacing some of the public employee union members with actual financial experts - how did he think of that?).
Vallejo's unfunded pension liability is about 250 million, and the pension cost per dollar of payroll is fast approaching 50 cents on the dollar.
#2 May 11, 2012
i think it's great that these people have pensions. too bad, should have been in public safety as a career choice.
#3 May 11, 2012
San Ramon Valley Fire Protection District is an autonomous district within Contra Costa County. The pension's for San Ramon Fire, while administered through Contra Costa County are paid separately from Contra Costa Fire District. The parcel tax is for Contra Costa Fire Protection District, not San Ramon Valley Fire Protection District. While you have the right to vent about issues, you also have the responsibility to get the facts straight. You didn't on this story.
#4 May 12, 2012
You don't pay taxes. You don't own a home and you don't own a car. You're the one that sucks it, a freeloading parasite.
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