Another source of income to meet payroll........ Follow the money
Democratic Mayor Jim Kenney sold the council on the idea with a plan to spend most of the estimated $90 million in new tax revenue next year to pay for prekindergarten, community schools and recreation centers........
Warning:
The information you are about to digest may cause a rash of jealousy or sudden vexation. Or, at the very least, a burning desire to run for elected office.
It may be a hard pill to swallow for us private-sector schmoes, but truth is, long-serving elected officials reap generous pension benefits upon retirement.
Take Mayor Nutter. When he leaves office at the end of this year, he will be entitled to a $166,130 yearly pension for life after serving more than 22 years as a public servant.
And if you are someone like Lynne Abraham, 74, who began working for the city as an assistant district attorney when the Bee Gees released their first international album in 1967, your pension benefit after two terms could exceed $266,000 a year.
Here’s a look at how much Abraham and the five other Democratic candidates for mayor are collecting or will collect in state and city pensions and how much more they’d get if elected mayor and served two full terms:
Bowling^&%
http://www.philly.com/philly/news/politics/mayor/Interactive_Pension_plans_in_the_mayors_office.html
Democratic Mayor Jim Kenney sold the council on the idea with a plan to spend most of the estimated $90 million in new tax revenue next year to pay for prekindergarten, community schools and recreation centers........
Warning:
The information you are about to digest may cause a rash of jealousy or sudden vexation. Or, at the very least, a burning desire to run for elected office.
It may be a hard pill to swallow for us private-sector schmoes, but truth is, long-serving elected officials reap generous pension benefits upon retirement.
Take Mayor Nutter. When he leaves office at the end of this year, he will be entitled to a $166,130 yearly pension for life after serving more than 22 years as a public servant.
And if you are someone like Lynne Abraham, 74, who began working for the city as an assistant district attorney when the Bee Gees released their first international album in 1967, your pension benefit after two terms could exceed $266,000 a year.
Here’s a look at how much Abraham and the five other Democratic candidates for mayor are collecting or will collect in state and city pensions and how much more they’d get if elected mayor and served two full terms:
Bowling^&%
http://www.philly.com/philly/news/politics/mayor/Interactive_Pension_plans_in_the_mayors_office.html
a democratic government doing what democrats do best, screw the people they're supposed to champion
this is a regressive tax, a tax that will be paid more by the poorest of the poor than affluent individuals
politicians just can't control spending, the whores are always picking their asses to find as much money as possible for them to waste
idiots
PS: the higher income individuals that work in the city but live in the suburbs, will never be paying this tax
this is a regressive tax, a tax that will be paid more by the poorest of the poor than affluent individuals
politicians just can't control spending, the whores are always picking their asses to find as much money as possible for them to waste
idiots
PS: the higher income individuals that work in the city but live in the suburbs, will never be paying this tax
I wasn't responding to you my friend, I'm just bashing another tax hike because that's what I'm genetically inclined to do
