Monthly Archives: December 2010

How to Spike Your Pension

You’ve heard it pays to get an education. The County of Ventura has an education policy that takes this to a ridiculous extreme and places an indefensible burden on Taxpayers. Some private sector employers reimburse job related education expenses. Some…

VCTA Files Lawsuit

To paraphrase James Madison, “a popular government without public information is but a prologue to a farce or tragedy, or both”.  Unfortunately, the Ventura County Taxpayers Association (VCTA) has learned that the prologue is over, the system that awards these…

Luxurious City Pensions

Want $186,000 per year ($15,500 per month) for the rest of your life – risk free – inflation adjusted – 100-percent guaranteed?  It gets better:  you don’t have to work.  That’s your retirement.  Pretty good deal? What about having to PAY…

UC Execs Seek Big Pension Boost

Top executives at the University of California are threatening to sue if employees earning more than $245,000 annually do not receive a major pension hike. The demand appears in a Dec. 9 letter and position paper to the UC Board of Regents obtained…