CalPERS: 0.8 miles from the state capitol.
CalSTRS: 1.5 miles from the state capitol.
http://en.wikipedia.org/wiki/File:Calpersheadquarters.jpg
(caption: CalPERS headquarters at Lincoln Plaza in Sacramento)
http://en.wikipedia.org/wiki/Calpers
The California Public Employees' Retirement System (CalPERS) is an agency in the California executive branch that "manages pension and health benefits for more than 1.6 million California public employees, retirees, and their families".[1]
http://en.wikipedia.org/wiki/File:Calstrsheadquarters.jpg
(caption: CalSTRS headquarters in West Sacramento, California)
http://en.wikipedia.org/wiki/CalSTRS
Originally posted by zeeblebotpublic sector workers who make $85,000 tend to have a MUCH higher level of education/experience then some waitress working in a bar.
http://news.yahoo.com/s/ap/us_benefit_envy;_ylt=Aoed_Co8CAujI81JXHd.1pCGWo14
Anger brews over government workers' benefits
By GEOFF MULVIHILL, Associated Press Geoff Mulvihill, Associated Press – 2 hrs 9 mins ago
When Erin McFarlane looks at public workers, she sees lucrative pension benefits she doesn't ever expect to get. And it makes her mad.
...[text shortened]... hat age. Those benefits would run out after 25 years for the 401(k) retiree.
....
If you aren't prepared to pay your employees fair market value for their skills, then invent a time machine and become a slave labourer.
Originally posted by uzlessif we weren't paying better than fair market value, it would be harder to fill government jobs and more difficult to fill private sector jobs.
public sector workers who make $85,000 tend to have a MUCH higher level of education/experience then some waitress working in a bar.
If you aren't prepared to pay your employees fair market value for their skills, then invent a time machine and become a slave labourer.
government unemployment isn't low because it's hard to fill government jobs. it's low because it's hard to get rid of govt employees once they are hired.
Originally posted by badmoonthe super rich have lobbyists, and the public sector employees have lobbyists, and the middle class is paying for both of them.
You fools. You let the wealthy control the message turning us against each other.
History proves that when a country allows the small minority of super rich to control all things, while further disenfranchising the middle class, it cannot sustain itself and will fall.
Originally posted by zeeblebotagain, you just assume you pay more than market value...it's BS. Guess what a "government" PhD makes in salary...now compare that to the private sector....the private guy gets at least 2 to 3 times HIGHER salary than the gov guy.
if we weren't paying better than fair market value, it would be harder to fill government jobs and more difficult to fill private sector jobs.
government unemployment isn't low because it's hard to fill government jobs. it's low because it's hard to get rid of govt employees once they are hired.
So, please, quit your hate on and get your facts straight.
The 2nd half of your post doesn't even make sense.
Generally, it depends on the kind of compensation mix that you want. In my field, the private jobs pay about 80% more, but the benefits and job security aren't as good. Plus the job generally stinks. You have a boss telling you what to study, when the deadline is, what they want your results to show. You spend your time doing (fairly) bogus junk for the most part. Plus it gets repetitive. But you'll get paid bank. If I took a job as a private economist in New York I'd get paid about $200K-$300K, and I'm still junior in the profession (I know because I have a classmate that went that route). That said, I didn't apply to any of those jobs because I wasn't interested in that sort of work and stress. The job I'm at now let's me study what I want, when I want, and with an outstanding work environment + great benefits. Yes, the pay is lower, but it's still very good.
Originally posted by zeeblebotWell...let's take those dirty old government workers out and give them a good beat down! How dare they make a living!😠😠ðŸ˜
http://news.yahoo.com/s/ap/us_benefit_envy;_ylt=Aoed_Co8CAujI81JXHd.1pCGWo14
Anger brews over government workers' benefits
By GEOFF MULVIHILL, Associated Press Geoff Mulvihill, Associated Press – 2 hrs 9 mins ago
When Erin McFarlane looks at public workers, she sees lucrative pension benefits she doesn't ever expect to get. And it makes her mad.
...[text shortened]... hat age. Those benefits would run out after 25 years for the 401(k) retiree.
....