Grotesque Government Pension: $423,664 For The Rest Of Her Life
That's what retired Alameda County (California) Administrator Susan Muranshi will get until she dies.

What was her base salary alone is obscene: $301,000

Jonathan Turley blogs, via SFGate:

Then she is entitled to an over $24,000 "equity pay" amount that guarantees that she will receive at least 10 percent more than anyone else in the county.

She then adds roughly $54,000 a year in return for "longevity" of service of over 30 years. Then she adds an annual performance bonus of $24,000 plus another $9000 a year for serving on an ad hoc committee overseeing the sale of excess land. Then she is entitled to an $8,292-a-year car allowance. This all adds up to roughly $425,000 for the rest of her life and she is only 63 years old.

Under the country rules, Muranishi's pension will equal the dollar total of her entire yearly package -- $413,000.

And actually, a commenter at the SFGate site, "pressure cooker," writes:

Again, her TCOE (total cost of employment) for the county, when you count everything was far more than $423,000 mentioned here.

The actual figure for 2011 was $663,000 as seen in the Oakland Tribune data base figures. Those are the offical figures including all the perks and medical and retirement and "private pension" and things under "extra" and "misc" ...the whole bag of compensation tricks.

$663,000 for 2011 and no doubt higher for 2012 and 2013. Two million just for those 3 years.

The hidden underbelly of government compensation, By design. When the Contra Costa Times asked for the information, all the public employee groups fought them in court. Finally the public was given the true costs of funding public employees and their pensions.

Ask yourself why they hid it for so long.

Why hide something that is "fair"?

By the way, Muranshi is 63 years old.

Eat the poor!

From Howard Jarvis, via KGO:

Jon Coupal, the president of the Howard Jarvis Taxpayers' Association, said this in a statement, "The obscenely exorbitant salary received by the CAO of Alameda County reveals a fundamental disconnect between our public leaders and ordinary citizens. The 'guaranteed salary for life' is particularly galling and will burden Alameda County taxpayers for decades."

A recent study by the state found that Alameda County's public employees has the second highest average salaries in the state. That said, most are nothing like the county administrator's. We're talking about an average salary just over $69,000 per year.

Occupy government, anyone?