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Oregon public university President retires-to a $76,000+ a month pension-yes 76k a month!!!!!!!!!


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2018 Apr 15, 5:47am   12,329 views  61 comments

by lostand confused   ➕follow (3)   💰tip   ignore  

https://www.nytimes.com/2018/04/14/business/pension-finance-oregon.html

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.

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59   Reality   2018 Apr 16, 12:08pm  

bob2356 says
bob2356 says
Want ot post the statute the AMA got passed to restrict the supply of doctors?


Still waiting. and waiting, and waiting, and waiting.


Have you not heard of the board licensing requirement for practicing medicine? You are just pretending to be stupid.
60   Reality   2018 Apr 16, 12:14pm  

bob2356 says
Reality says
very high salaries are actually very rare in the private sector,


ROFLOL.

Reality says
If the public sector executives believe they can pull $million+ salaries in the private sector, let them go to the private sector and compete down executive pay in the private sector!


Many do, there is a constant churn between private industry and public service. You didn't get the memo? Try again.


Not sure why you were laughing. The churning is necessary precisely because there are not nearly enough private sector positions with salaries in the $1.7mil+. The tax-payer funded monpolies have to be drafted to keep paying them those high salaries.
61   FortWayne   2018 Apr 16, 12:16pm  

So the university mission is to avoid saving tax dollars by giving millions away to few individuals... how is that not wrong?


bob2356 says
Reality says
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?


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 exaclty is your defintion of largley?

Ridiculous to compare large federal agencies to autonomous public corporations. The mission and job is totally different.

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