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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Peter V who wrote (203032)5/19/2009 3:32:39 PM
From: Skeeter BugRead Replies (2) of 306849
 
Peter, i will double check the claim of 25% more compensation. i'm sure it includes medical and their 90% pension, too, so you need to know more information. i heard it on the radio and i will confirm or deny it with more information.

perhaps the host confused 25% above average with 25% above second place or maybe the pensions and other bennies actually push it to 25% above 2nd place.

what are the pension rates in CT, NJ and NY? Can they retire at 52-53 with 90% of their pay for life? Do they get
$0 out of pocket medical - no deductible, no premium, no copay?

let's take your stat, though. CA teachers make 25% more than the national average in salary. does that square with being near the bottom on education spending?

the education system in CA gets about 50% of the CA budget - that's over $50 billion a year.
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