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June 3, 2009 at 7:42 AM #15809June 3, 2009 at 7:52 AM #409517SDEngineerParticipant
Doesn’t strike me as too out of line for the job and responsibilities. Considering the most appropriate comparison to the commander of the fire department would be a CEO of an equivalent sized company, it appears to me that like many in public service (not all, particularly politicians for life) they are a bit underpaid in comparison to the private sector equivalent, but the defined pension benefit largely makes up for that. I imagine a CEO that made it up the ladder quickly enough and retired in his/her mid-50’s if they lived at a similar standard of living to the 165K/yr would probably have enough in retirement accounts to be able to count on a similar retirement income.
It really depends on whether you want your money front or back loaded – private sector tends to front load careers by paying higher salaries, but in turn requires that employee to largely fund and manage their own retirement.
June 3, 2009 at 7:52 AM #409756SDEngineerParticipantDoesn’t strike me as too out of line for the job and responsibilities. Considering the most appropriate comparison to the commander of the fire department would be a CEO of an equivalent sized company, it appears to me that like many in public service (not all, particularly politicians for life) they are a bit underpaid in comparison to the private sector equivalent, but the defined pension benefit largely makes up for that. I imagine a CEO that made it up the ladder quickly enough and retired in his/her mid-50’s if they lived at a similar standard of living to the 165K/yr would probably have enough in retirement accounts to be able to count on a similar retirement income.
It really depends on whether you want your money front or back loaded – private sector tends to front load careers by paying higher salaries, but in turn requires that employee to largely fund and manage their own retirement.
June 3, 2009 at 7:52 AM #410003SDEngineerParticipantDoesn’t strike me as too out of line for the job and responsibilities. Considering the most appropriate comparison to the commander of the fire department would be a CEO of an equivalent sized company, it appears to me that like many in public service (not all, particularly politicians for life) they are a bit underpaid in comparison to the private sector equivalent, but the defined pension benefit largely makes up for that. I imagine a CEO that made it up the ladder quickly enough and retired in his/her mid-50’s if they lived at a similar standard of living to the 165K/yr would probably have enough in retirement accounts to be able to count on a similar retirement income.
It really depends on whether you want your money front or back loaded – private sector tends to front load careers by paying higher salaries, but in turn requires that employee to largely fund and manage their own retirement.
June 3, 2009 at 7:52 AM #410064SDEngineerParticipantDoesn’t strike me as too out of line for the job and responsibilities. Considering the most appropriate comparison to the commander of the fire department would be a CEO of an equivalent sized company, it appears to me that like many in public service (not all, particularly politicians for life) they are a bit underpaid in comparison to the private sector equivalent, but the defined pension benefit largely makes up for that. I imagine a CEO that made it up the ladder quickly enough and retired in his/her mid-50’s if they lived at a similar standard of living to the 165K/yr would probably have enough in retirement accounts to be able to count on a similar retirement income.
It really depends on whether you want your money front or back loaded – private sector tends to front load careers by paying higher salaries, but in turn requires that employee to largely fund and manage their own retirement.
June 3, 2009 at 7:52 AM #410215SDEngineerParticipantDoesn’t strike me as too out of line for the job and responsibilities. Considering the most appropriate comparison to the commander of the fire department would be a CEO of an equivalent sized company, it appears to me that like many in public service (not all, particularly politicians for life) they are a bit underpaid in comparison to the private sector equivalent, but the defined pension benefit largely makes up for that. I imagine a CEO that made it up the ladder quickly enough and retired in his/her mid-50’s if they lived at a similar standard of living to the 165K/yr would probably have enough in retirement accounts to be able to count on a similar retirement income.
It really depends on whether you want your money front or back loaded – private sector tends to front load careers by paying higher salaries, but in turn requires that employee to largely fund and manage their own retirement.
June 3, 2009 at 8:48 AM #409552(former)FormerSanDieganParticipantThank You Tracy Jarman for your 25 years of service.
Thanks for your service in earlier years on the HazMat response team, putting your life in danger, and working at below average salaries during the 80’s and early 1990s. Congratulations.June 3, 2009 at 8:48 AM #409791(former)FormerSanDieganParticipantThank You Tracy Jarman for your 25 years of service.
Thanks for your service in earlier years on the HazMat response team, putting your life in danger, and working at below average salaries during the 80’s and early 1990s. Congratulations.June 3, 2009 at 8:48 AM #410038(former)FormerSanDieganParticipantThank You Tracy Jarman for your 25 years of service.
Thanks for your service in earlier years on the HazMat response team, putting your life in danger, and working at below average salaries during the 80’s and early 1990s. Congratulations.June 3, 2009 at 8:48 AM #410098(former)FormerSanDieganParticipantThank You Tracy Jarman for your 25 years of service.
Thanks for your service in earlier years on the HazMat response team, putting your life in danger, and working at below average salaries during the 80’s and early 1990s. Congratulations.June 3, 2009 at 8:48 AM #410251(former)FormerSanDieganParticipantThank You Tracy Jarman for your 25 years of service.
Thanks for your service in earlier years on the HazMat response team, putting your life in danger, and working at below average salaries during the 80’s and early 1990s. Congratulations.June 3, 2009 at 8:55 AM #409567LarryTheRenterParticipantIt is ridiculous…thats why we are in this finacial mess…why should they have a guarenteed return, independent from market risks???? A sole proprieter would have to have a 2 million dollar retirement fund which yields 6% per year which would get you the $10,000 per month..
So obviuosly the fireman/woman didnt kick in this much him/herself…it is the taxpayers that are getting bled.
June 3, 2009 at 8:55 AM #409806LarryTheRenterParticipantIt is ridiculous…thats why we are in this finacial mess…why should they have a guarenteed return, independent from market risks???? A sole proprieter would have to have a 2 million dollar retirement fund which yields 6% per year which would get you the $10,000 per month..
So obviuosly the fireman/woman didnt kick in this much him/herself…it is the taxpayers that are getting bled.
June 3, 2009 at 8:55 AM #410052LarryTheRenterParticipantIt is ridiculous…thats why we are in this finacial mess…why should they have a guarenteed return, independent from market risks???? A sole proprieter would have to have a 2 million dollar retirement fund which yields 6% per year which would get you the $10,000 per month..
So obviuosly the fireman/woman didnt kick in this much him/herself…it is the taxpayers that are getting bled.
June 3, 2009 at 8:55 AM #410113LarryTheRenterParticipantIt is ridiculous…thats why we are in this finacial mess…why should they have a guarenteed return, independent from market risks???? A sole proprieter would have to have a 2 million dollar retirement fund which yields 6% per year which would get you the $10,000 per month..
So obviuosly the fireman/woman didnt kick in this much him/herself…it is the taxpayers that are getting bled.
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