Comments 1 - 40 of 61 Next » Last » Search these comments
bob2356 saysFor the head of a major university that's not at all outrageous.
Really? 76K a month?
bob2356 saysFor the head of a major university that's not at all outrageous.
Really? 76K a month?
Generals' and admirals' salaries top out in the $140k range.
Today's government workers and government face no risks, nobody can question them, they receive outrageous payouts far in excess of what they do -
lostand confused says
Today's government workers and government face no risks, nobody can question them, they receive outrageous payouts far in excess of what they do -
Running a 3 billion dollar university and hospital with a salary of 1.7 million isn't outrageous. Sorry, but it just isn't.
Running a 3 billion dollar university and hospital with a salary of 1.7 million isn't outrageous. Sorry, but it just isn't.
Running a 3 billion dollar university and hospital with a salary of 1.7 million isn't outrageous. Sorry, but it just isn't.
I believe if one is paying high taxes then they are also paying into their retirement package.
FortWayne saysHigh taxes on people who have no retirement benefits
I believe if one is paying high taxes then they are also paying into their retirement package. It's called social security. Don't let anyone take your retirement package from you.
Earning a high salary as a university president should not be an issue. However, the pension calculated off that salary needs to have it's own rules. They use the formula for middle class americans and apply it to that and it yields incredible sums of money ad infinitum.
more production but only luring the smart minds away from the productive sector
Earning a high salary as a university president should not be an issue. However, the pension calculated off that salary needs to have it's own rules. They use the formula for middle class americans and apply it to that and it yields incredible sums of money ad infinitum. Pensions should be capped at 100k per year. What's more offensive is the 100 deans and vps that permeate the university.
Pensions should be capped at 100k per year.
I'm sure that for the university to attract this level of talent, it was necessary to have a compensation package that included a robust pension. C type executives get options and golden parachutes and such, while public servants get gold plated pensions. It's all well deserved I'm sure. Or not?
And why should some, more equal people get non-social security pensions when most can only dream about it?
How many people have to suffer because of libeal governmental miscalculations?
Reality saysmore production but only luring the smart minds away from the productive sector
Yeah, whatever we do, let's not be putting good minds in education or law enforcement. THey can't do anything for next quarters earnings per share there.
Running a 3 billion dollar university and hospital with a salary of 1.7 million isn't outrageous. Sorry, but it just isn't.
What is the typical homeowner's unfunded liability on their mortgage ?
Perhaps becasue they commit themselves to service jobs and to jobs with limited upside ? Could that be it ?
My point was that these numbers represent future obligations.
WE all pay thousands of dollars per year in state taxes. That money goes towards all kind of salaries and other expenses. Including debt, which the liabilites are a form of.
What percentage of state expenditures goes toward unfunded pension liabilities ?
Running a 3 billion dollar university and hospital with a salary of 1.7 million isn't outrageous. Sorry, but it just isn't.
It is outrageous because these are non-profits and/or their services largely paid for by tax money (i.e. government granted monopolies). By your math, DOD having a 700B annual (public) budget, should the secretary be paid 360 million dollars a year? and a pension of $180,000,000/yr? What about the head of the social security administration or the POTUS supervising even larger annual budgets?
"Sorry, but it just isn't" is not a real explanation.
Why is it not outrageous?
The salary is 1/3 to 1/2 what a ceo of a similar sized private corporation would earn. For the same skills and management tasks
According to KPMG audit from last year OHSU got 33 million in tax money out of a revenue of 3.1 billion. That is 1% of revenue.
What percentage of state expenditures goes toward unfunded pension liabilities ?
Comments 1 - 40 of 61 Next » Last » Search these comments
A public university president in Oregon gives new meaning to the idea of a pensioner.
Joseph Robertson, an eye surgeon who retired as head of the Oregon Health & Science University last fall, receives the state’s largest government pension.
It is $76,111.
Per month.
That is considerably more than the average Oregon family earns in a year
WTF and I thought IL was bad.