Home › Forums › Financial Markets/Economics › Non-salary CA budget cuts
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May 22, 2009 at 7:59 PM #405119May 22, 2009 at 8:12 PM #404429NeetaTParticipant
Sale bonds at 20% interest with a lean on government property so I can make some money.
May 22, 2009 at 8:12 PM #404681NeetaTParticipantSale bonds at 20% interest with a lean on government property so I can make some money.
May 22, 2009 at 8:12 PM #404916NeetaTParticipantSale bonds at 20% interest with a lean on government property so I can make some money.
May 22, 2009 at 8:12 PM #404976NeetaTParticipantSale bonds at 20% interest with a lean on government property so I can make some money.
May 22, 2009 at 8:12 PM #405124NeetaTParticipantSale bonds at 20% interest with a lean on government property so I can make some money.
May 22, 2009 at 8:31 PM #4044345yesParticipantFirst of all, That is Calpers retirement. Teachers use Calstrs which has completely different retirement formulas. We are not state employees. Calpers services police, firefighters, and others. I only wish I could retire at 50 — we get nothing until 65 and then we have restrictive % formulas and many required fees and monthly costs.
As far as being paid 35% more than the national average, all I know is that I taught in Mission Viejo for a while and could barely afford rent, much less save to buy a house. I can make a starting salary in TX of $35,000 and comfortably afford a low-median priced home at $140,000. To increase that salary by 35% I should be paid $47,250, which is spot on for an average southern CA starting teacher salary. Can I afford a low-median home in southern CA on that salary? Plus we have the 3rd highest state tax burden http://healthcare-economist.com/2009/02/12/cost-of-living-i-state-taxes/ Could I support my family with my income if my husband was laid off?
Again, I am sad that I feel the need to defend a profession filled with hard-working, low to medium paid, well educated folks who instead of being out to make as much money as they can are trying to do something good with their lives.
What about other issues like:
http://www.latimes.com/news/columnists/la-me-cap2-2009feb02,0,418500.column
some nuggets from the article:
* There are roughly 19,000 illegal immigrants in state prisons, representing 11% of all inmates. That’s costing $970 million during the current fiscal year. The feds kick in a measly $111 million, leaving the state with an $859 million tab.
* The state is spending $775 million on Medi-Cal healthcare for illegal immigrants, according to the legislative analyst. Of that, $642 million goes into direct benefits. Practically all the rest is paid to counties to administer the program. The feds generally match the state dollar-for-dollar on mandatory programs.
* So-called emergency services are the biggest state cost: $536 million. Prenatal care is $59 million. Not counted in the overall total is the cost of baby delivery — $108 million — because the newborns aren’t illegal immigrants.
PS. Thanks TG for the props, I always knew you were my favorite, add me to your fan club (if there’s room!)
May 22, 2009 at 8:31 PM #4046865yesParticipantFirst of all, That is Calpers retirement. Teachers use Calstrs which has completely different retirement formulas. We are not state employees. Calpers services police, firefighters, and others. I only wish I could retire at 50 — we get nothing until 65 and then we have restrictive % formulas and many required fees and monthly costs.
As far as being paid 35% more than the national average, all I know is that I taught in Mission Viejo for a while and could barely afford rent, much less save to buy a house. I can make a starting salary in TX of $35,000 and comfortably afford a low-median priced home at $140,000. To increase that salary by 35% I should be paid $47,250, which is spot on for an average southern CA starting teacher salary. Can I afford a low-median home in southern CA on that salary? Plus we have the 3rd highest state tax burden http://healthcare-economist.com/2009/02/12/cost-of-living-i-state-taxes/ Could I support my family with my income if my husband was laid off?
Again, I am sad that I feel the need to defend a profession filled with hard-working, low to medium paid, well educated folks who instead of being out to make as much money as they can are trying to do something good with their lives.
What about other issues like:
http://www.latimes.com/news/columnists/la-me-cap2-2009feb02,0,418500.column
some nuggets from the article:
* There are roughly 19,000 illegal immigrants in state prisons, representing 11% of all inmates. That’s costing $970 million during the current fiscal year. The feds kick in a measly $111 million, leaving the state with an $859 million tab.
* The state is spending $775 million on Medi-Cal healthcare for illegal immigrants, according to the legislative analyst. Of that, $642 million goes into direct benefits. Practically all the rest is paid to counties to administer the program. The feds generally match the state dollar-for-dollar on mandatory programs.
* So-called emergency services are the biggest state cost: $536 million. Prenatal care is $59 million. Not counted in the overall total is the cost of baby delivery — $108 million — because the newborns aren’t illegal immigrants.
PS. Thanks TG for the props, I always knew you were my favorite, add me to your fan club (if there’s room!)
May 22, 2009 at 8:31 PM #4049215yesParticipantFirst of all, That is Calpers retirement. Teachers use Calstrs which has completely different retirement formulas. We are not state employees. Calpers services police, firefighters, and others. I only wish I could retire at 50 — we get nothing until 65 and then we have restrictive % formulas and many required fees and monthly costs.
As far as being paid 35% more than the national average, all I know is that I taught in Mission Viejo for a while and could barely afford rent, much less save to buy a house. I can make a starting salary in TX of $35,000 and comfortably afford a low-median priced home at $140,000. To increase that salary by 35% I should be paid $47,250, which is spot on for an average southern CA starting teacher salary. Can I afford a low-median home in southern CA on that salary? Plus we have the 3rd highest state tax burden http://healthcare-economist.com/2009/02/12/cost-of-living-i-state-taxes/ Could I support my family with my income if my husband was laid off?
Again, I am sad that I feel the need to defend a profession filled with hard-working, low to medium paid, well educated folks who instead of being out to make as much money as they can are trying to do something good with their lives.
What about other issues like:
http://www.latimes.com/news/columnists/la-me-cap2-2009feb02,0,418500.column
some nuggets from the article:
* There are roughly 19,000 illegal immigrants in state prisons, representing 11% of all inmates. That’s costing $970 million during the current fiscal year. The feds kick in a measly $111 million, leaving the state with an $859 million tab.
* The state is spending $775 million on Medi-Cal healthcare for illegal immigrants, according to the legislative analyst. Of that, $642 million goes into direct benefits. Practically all the rest is paid to counties to administer the program. The feds generally match the state dollar-for-dollar on mandatory programs.
* So-called emergency services are the biggest state cost: $536 million. Prenatal care is $59 million. Not counted in the overall total is the cost of baby delivery — $108 million — because the newborns aren’t illegal immigrants.
PS. Thanks TG for the props, I always knew you were my favorite, add me to your fan club (if there’s room!)
May 22, 2009 at 8:31 PM #4049815yesParticipantFirst of all, That is Calpers retirement. Teachers use Calstrs which has completely different retirement formulas. We are not state employees. Calpers services police, firefighters, and others. I only wish I could retire at 50 — we get nothing until 65 and then we have restrictive % formulas and many required fees and monthly costs.
As far as being paid 35% more than the national average, all I know is that I taught in Mission Viejo for a while and could barely afford rent, much less save to buy a house. I can make a starting salary in TX of $35,000 and comfortably afford a low-median priced home at $140,000. To increase that salary by 35% I should be paid $47,250, which is spot on for an average southern CA starting teacher salary. Can I afford a low-median home in southern CA on that salary? Plus we have the 3rd highest state tax burden http://healthcare-economist.com/2009/02/12/cost-of-living-i-state-taxes/ Could I support my family with my income if my husband was laid off?
Again, I am sad that I feel the need to defend a profession filled with hard-working, low to medium paid, well educated folks who instead of being out to make as much money as they can are trying to do something good with their lives.
What about other issues like:
http://www.latimes.com/news/columnists/la-me-cap2-2009feb02,0,418500.column
some nuggets from the article:
* There are roughly 19,000 illegal immigrants in state prisons, representing 11% of all inmates. That’s costing $970 million during the current fiscal year. The feds kick in a measly $111 million, leaving the state with an $859 million tab.
* The state is spending $775 million on Medi-Cal healthcare for illegal immigrants, according to the legislative analyst. Of that, $642 million goes into direct benefits. Practically all the rest is paid to counties to administer the program. The feds generally match the state dollar-for-dollar on mandatory programs.
* So-called emergency services are the biggest state cost: $536 million. Prenatal care is $59 million. Not counted in the overall total is the cost of baby delivery — $108 million — because the newborns aren’t illegal immigrants.
PS. Thanks TG for the props, I always knew you were my favorite, add me to your fan club (if there’s room!)
May 22, 2009 at 8:31 PM #4051295yesParticipantFirst of all, That is Calpers retirement. Teachers use Calstrs which has completely different retirement formulas. We are not state employees. Calpers services police, firefighters, and others. I only wish I could retire at 50 — we get nothing until 65 and then we have restrictive % formulas and many required fees and monthly costs.
As far as being paid 35% more than the national average, all I know is that I taught in Mission Viejo for a while and could barely afford rent, much less save to buy a house. I can make a starting salary in TX of $35,000 and comfortably afford a low-median priced home at $140,000. To increase that salary by 35% I should be paid $47,250, which is spot on for an average southern CA starting teacher salary. Can I afford a low-median home in southern CA on that salary? Plus we have the 3rd highest state tax burden http://healthcare-economist.com/2009/02/12/cost-of-living-i-state-taxes/ Could I support my family with my income if my husband was laid off?
Again, I am sad that I feel the need to defend a profession filled with hard-working, low to medium paid, well educated folks who instead of being out to make as much money as they can are trying to do something good with their lives.
What about other issues like:
http://www.latimes.com/news/columnists/la-me-cap2-2009feb02,0,418500.column
some nuggets from the article:
* There are roughly 19,000 illegal immigrants in state prisons, representing 11% of all inmates. That’s costing $970 million during the current fiscal year. The feds kick in a measly $111 million, leaving the state with an $859 million tab.
* The state is spending $775 million on Medi-Cal healthcare for illegal immigrants, according to the legislative analyst. Of that, $642 million goes into direct benefits. Practically all the rest is paid to counties to administer the program. The feds generally match the state dollar-for-dollar on mandatory programs.
* So-called emergency services are the biggest state cost: $536 million. Prenatal care is $59 million. Not counted in the overall total is the cost of baby delivery — $108 million — because the newborns aren’t illegal immigrants.
PS. Thanks TG for the props, I always knew you were my favorite, add me to your fan club (if there’s room!)
May 22, 2009 at 8:42 PM #404439paramountParticipantFirst of all, I would like to suggest that for all those who worship TG for God’s sake get up off your knees.
2ndly, when talking about compensation, you need to consider the whole picture: salary, benefits, retirement, etc…
May 22, 2009 at 8:42 PM #404691paramountParticipantFirst of all, I would like to suggest that for all those who worship TG for God’s sake get up off your knees.
2ndly, when talking about compensation, you need to consider the whole picture: salary, benefits, retirement, etc…
May 22, 2009 at 8:42 PM #404926paramountParticipantFirst of all, I would like to suggest that for all those who worship TG for God’s sake get up off your knees.
2ndly, when talking about compensation, you need to consider the whole picture: salary, benefits, retirement, etc…
May 22, 2009 at 8:42 PM #404986paramountParticipantFirst of all, I would like to suggest that for all those who worship TG for God’s sake get up off your knees.
2ndly, when talking about compensation, you need to consider the whole picture: salary, benefits, retirement, etc…
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