Over 21% of homeowners in SD County have paid off houses

[zzz]

actually none of the people i know who work with underserved work for the government, they are psychologists, non profit workers. no, some of these people thought they would have much better jobs than they are doing, but people take jobs because that’s all thats there in a given city, or they have husbands or children. point is, those details are irrelevant, it doesn’t change whether they are entitled to anything. and if they did work for the gov’t, and they got a pension, that would be great for them, but i don’t believe ANYONE is “entitled” to anything. period.

like i said, i don’t really give a damn if someone works a lot less and gets paid a lot more. nor does your hard work entitle you to a pension just because some younger kid is sitting on their lazy ass with millions because they wrote a piece of software. they are entirely uncorrelated.

just try not to lump everyone into the same bucket, there are boomers i know who sit on their asses and no longer work because they were lucky to have worked at rising tech companies. i don’t know if they worked hard or they didn’t and just got lucky. it doesn’t matter to me, good for them if they can get it.

[bearishgurl]

[quote=flu]…You see BG. Here’s the rub.. You really can’t make an argument that I have soo much free time and am overpaid..When you’re on the same blog, posting at the same time, can you ? And plus, I’m exempt. I’m paid to get my job done, whether it’s 1 hr or 14 hrs in one day. If you’re hourly or bill hourly, that’s an entire different story :)[/quote]

Why flu, I never claimed you were “overpaid.” It’s not for me to decide. But what we CAN agree on is that we both currently get paid to get a job done whether it takes one hour or 14 hours.

Except that I am doing it from home.

I’m not averse to working in an office again … part time. But in my profession, I would be paid hourly and thus would not be able to get all those “extra” things done “on the clock” that you seem to be able to . . .

Carry on . . . 🙂

[zzz]

[quote=flu][quote=bearishgurl][quote=flu]meh.. it’s just a blog… 🙂

I’m just kicking time. Because I’m in between software builds… I can’t really trade right now on the equity markets (prices are too high…even so, I am sort of..Watch flu get his ass kicked)…I’ve already looked at sdlookup 92130 and 92126 for today’s inventory…for the sixth time…(still the same, although AN did point out to me a 1/1 that was already ridiculously priced, just went even more ridiculously higher), already checked craigslist for new miata parts (none)…And I’m waiting for my damn escrow papers to get done…..

Man, my to be lender is really anal.. I signed one paper slightly different from the rest, and the lender requires me to resign it, and am going to dispatch a courier to do it….[/quote]

This is just another “on-the-clock” description of a “day in the life of highly-paid Pigg, `flu’.”

Thank you for making my point so eloquently ;=][/quote]

You forget I’m in conference calls from 9pm to 11:30pm W/Th/Fri in addition to make regular hours…And unlike you, there is no overtime.
Plus i paid my dues at a top ranked college with countless all nighters…and also startups some of which failed and some of which succeeded.

But thanks for proving my point 🙂

You see BG. Here’s the rub.. You really can’t make an argument that I have soo much free time and am overpaid..When you’re on the same blog, posting at the same time, can you ? And plus, I’m exempt. I’m paid to get my job done, whether it’s 1 hr or 14 hrs in one day. If you’re hourly or bill hourly, that’s an entire different story :)[/quote]

see this is the thing FLU, i don’t think you should have to justify how “hard” you work or how many hours. it has no correlation to being entitled to anything in life. you are not sitting around waiting for your welfare check, you’re paying taxes. i think if you can figure out how to work 2 hours a day and make millions, that would be great. obviously you are serving a market demand.

[bearishgurl]

[quote=craptcha] . . . So, did you earn your pension by hand-carrying documents or by pretending that you respect your supervisor?[/quote]

Well, there was a little more to the positions than that … but … BOTH ;=D

[(former)FormerSanDiegan]

BG – “These workers really have no idea what most boomers did all day to earn their pay. Not a clue.”

You really have no clue what people do today to earn their pay.

Today’s worker does not have the luxury of leaving at 5:00 without being electronically tethered to Email/work 24/7; customers/bosses/co-workers expecting immediate responses at 11 pm. Keeping up with the latest technologies and evolving our skills at a much faster rate than 20 years ago.

It’s a different world today. The challenges are different. Sure, we have Starbucks now. SO what ?

BTW, I am on the boundary between Gen-X/boomer and work in technology and I I don’t think your arrogant point of view is shared by those Boomer colleagues of mine who still happen to be in the workforce at 60+.

[bearishgurl]

[quote=zzz]….nor does your hard work entitle you to a pension just because some younger kid is sitting on their lazy ass with millions because they wrote a piece of software. they are entirely uncorrelated…[/quote]

My point was, my brethren and I didn’t have the opportunity to “sit on (our) lazy ass[es] (making) millions because (we) `wrote a piece of software’.”

The “younger kid” did/does.

[zzz]

delete

[bearishgurl]

[quote=FormerSanDiegan]BG – “These workers really have no idea what most boomers did all day to earn their pay. Not a clue.”

You really have no clue what people do today to earn their pay.

Today’s worker does not have the luxury of leaving at 5:00 without being electronically tethered to Email/work 24/7; customers/bosses/co-workers expecting immediate responses at 11 pm. Keeping up with the latest technologies and evolving our skills at a much faster rate than 20 years ago.

It’s a different world today. The challenges are different. Sure, we have Starbucks now. SO what ?

BTW, I am on the boundary between Gen-X/boomer and work in technology and I I don’t think your arrogant point of view is shared by those Boomer colleagues of mine who still happen to be in the workforce at 60+.[/quote]

Well, actually I DO have a clue what people do today to earn their pay as I am in/out of professional offices frequently. And at times I have stayed there to perform services I wasn’t able to perform at home.

An “hourly worker” isn’t tethered to their employer after their shift is up. That is against the law (in the absence of an employer paid standby or “on-call” allowance as well as a cell phone subsidy). I think you are confusing my position with a salaried worker. I was actually hourly, as were the vast majority of positions in my organization.

FormerSanDiegan, do you and your “Boomer colleagues” have pensions? If so, are they “defined benefit” pensions or does your employer match the funds you save in them?

[an]

[quote=bearishgurl]Nurses today (even part-timers) at both Sharp Healthcare and ScrippsHealth can avail themselves of a funds-matching retirement plan (emp contributes 40% and org contributes 60%, I believe).[/quote] Wrong.[quote=bearishgurl]I’ve been incarcerated in the hospital for a few short visits and have also visited several relatives in ICU for several days at a time. In observing and talking to nurses, the job seemed to me to be prestigious and rewarding to them, especially for those who have many years tenure :)[/quote]It’s rewarding not because of the pay or the benefits. They do what they love, at least the good and cheery ones. Those are also the one that have been around a long time because they love what they do. Those who don’t, won’t be able to hack it and leave or they’re like you can complain about all the little things that inconvenient you, even when everyone else is doing the same or worse. It’s also not rewarding when your patient die under your watch.

[bearishgurl]

[quote=AN][quote=bearishgurl]Nurses today (even part-timers) at both Sharp Healthcare and ScrippsHealth can avail themselves of a funds-matching retirement plan (emp contributes 40% and org contributes 60%, I believe).[/quote] Wrong.[/quote]

https://www.mysavingsatwork.com/atwork/scripps/1248709047941.htm

Does Scripps match my contributions?

Yes. As an incentive to participate in your Scripps Health 401(a) Retirement Savings Plan, Scripps Health will match your contributions based on your total years of accumulated service.

0-9 years = 3% match contribution based on a 3% employee contribution

10-14 years = 4% match contribution based on a 3% employee contribution

15-19 years = 5% match contribution based on a 3% employee contribution

20 years = 6% match contribution based on a 3% employee contribution

You must be employed by Scripps Health on the last day of the quarter to receive the quarterly match.

Does Scripps make an additional contribution to my account?

Yes. Scripps Health will contribute an amount equal to 1% of your eligible pay on an annual basis as long as you are employed by Scripps Health on December 31.

https://www.mysavingsatwork.com/atwork/scripps/1248709047941.htm

http://www.sharp.com/jobs/benefits-working-sharp.cfm

http://www.myplaniq.com/LTISystem/f401k_view.action?ID=5,633

[an]

[quote=bearishgurl][quote=AN][quote=bearishgurl]Nurses today (even part-timers) at both Sharp Healthcare and ScrippsHealth can avail themselves of a funds-matching retirement plan (emp contributes 40% and org contributes 60%, I believe).[/quote] Wrong.[/quote]

https://www.mysavingsatwork.com/atwork/scripps/1248709047941.htm

Does Scripps match my contributions?

Yes. As an incentive to participate in your Scripps Health 401(a) Retirement Savings Plan, Scripps Health will match your contributions based on your total years of accumulated service.

0-9 years = 3% match contribution based on a 3% employee contribution

10-14 years = 4% match contribution based on a 3% employee contribution

15-19 years = 5% match contribution based on a 3% employee contribution

20 years = 6% match contribution based on a 3% employee contribution

You must be employed by Scripps Health on the last day of the quarter to receive the quarterly match.

Does Scripps make an additional contribution to my account?

Yes. Scripps Health will contribute an amount equal to 1% of your eligible pay on an annual basis as long as you are employed by Scripps Health on December 31.

https://www.mysavingsatwork.com/atwork/scripps/1248709047941.htm

http://www.sharp.com/jobs/benefits-working-sharp.cfm

http://www.myplaniq.com/LTISystem/f401k_view.action?ID=5,633%5B/quote%5D
Maybe math have changed over the years but 6% match is not 60% contribution. is 6%=60% now?

[Essbee]

[quote=AN]Maybe math have changed over the years but 6% match is not 60% contribution. is 6%=60% now?[/quote]

After 20 yrs, if the employee contributes 3% of salary, the employer (Scripps) contributes 6% of salary.

So 33% of the contribution comes from the employee, and 67% comes from Scripps.

Of course, the employee should probably try to save much more (~20% of income.) My guess is that Scripps’ contribution would stay at 6%.

[bearishgurl]

[quote=AN]Maybe math have changed over the years but 6% match is not 60% contribution. is 6%=60% now?[/quote]

If a (20 yr) employee contributes 3% of their gross pay, the employer will match that contribution with 6% of the employee’s pay at the end of every quarter, making the employee’s total contribution 9%.

This is just slightly more generous than the Sharpsaver Plan (40%/60%) where the same employee contributes 4% of their gross pay and the employer matches it with 6%, making the employee’s total contribution 10%.

Then there’s that infamous “VA Medical Center” which is merely a hop and a skip from your home, AN. There, your spouse could avail herself of its well-known Thrift Savings Plan:

A Thrift Savings Plan is essentially a contribution plan for federal employees. Federal workers can contribute pre-taxed money into a number of savings accounts that can be matched by their employers if they meet specific qualifications. If employees are eligible for matching funds, their employer will be able to match up to 5 percent of their contributions…

http://www.ehow.com/how-does_4681354_federal-thrift-savings-plan-work.html

AND also FERS (their defined benefit plan):

http://www.opm.gov/retirement-services/fers-information/

Great benefits abound for qualified, registered nurses of all specialties 🙂

[bearishgurl]

[quote=Essbee][quote=AN]Maybe math have changed over the years but 6% match is not 60% contribution. is 6%=60% now?[/quote]

After 20 yrs, if the employee contributes 3% of salary, the employer (Scripps) contributes 6% of salary.

So 33% of the contribution comes from the employee, and 67% comes from Scripps.

Of course, the employee should probably try to save much more (~20% of income.) My guess is that Scripps’ contribution would stay at 6%.[/quote]

Thank you Essbee. You beat me to the punch 🙂

You are correct in that the employer contribution is based upon years of service and stays the same until the employee reaches another seniority tier. 6% is the maximum employer contribution.

This could be prove to be a sizable sum for physicians directly employed by Scripps and Sharp.

[cvmom]

[quote=bearishgurl][quote=cvmom][quote=earlyretirement]BG,

I’d LOVE LOVE LOVE a pension like that. It sounds like you’re one of the lucky ones.[/quote]

+1[/quote]

cvmom, you would have had to have been me (in the era I earned it) in order to be eligible for it.

I had to return to work after maternity leaves within ten weeks of initially starting it [/quote]

Actually I returned to work after 8 weeks after both of my births. Would have been 6 weeks except I had a C-section.

[quote=bearishgurl]Got off work at 5:00 pm and the last quarter of the year it got dark at ~4:30 pm.
[/quote]

me too

[quote=bearishgurl]Until 1990, wore skirts, dresses, dress shoes and hose nearly every day.[/quote]

me too, until 1997 when I moved to the West Coast

[quote=bearishgurl]PC at one’s desk? What’s that?? Only after 1990 (amber/blk screens until 2000).[/quote]

me too

[quote=bearishgurl]You better give the impression of liking and respecting your supervisor or your life could be made hell really fast . . . [/quote]

I would say this is still the case for me

[quote=bearishgurl]Oh, and cvmom, my kids were in FT daycare since infancy. They were picked up every day between 5:35 and 6:00 pm.[/quote]

Similar situation here. Now that they are older I depend on the stay-at-home-mom network to help me out with after-school driving.

[quote=bearishgurl]I could go on but you get the drift.[/quote]

I am not saying that the boomers didn’t work hard, and don’t deserve their pensions. My parents both have them, and I am so grateful that I will not have to worry about supporting them. I just wish that I had the same for my 20+ years in the full-time workforce…but none of the companies I have worked for have offered that benefit. That is why we live way below our means, to avoid eating catfood when we retire…

[Author]

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