10-20-2011, 09:56 PM | #61 |
“Hypocrisy: prejudice with a halo”
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Biggus...V'sssss
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Anyone but the this most fuked up President in History in 2012! |
10-27-2011, 06:42 PM | #62 | |
“Hypocrisy: prejudice with a halo”
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Quote:
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Anyone but the this most fuked up President in History in 2012! |
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10-28-2011, 07:29 PM | #63 | |
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If Rahm Emanuel's name is in an article, juices flow.
ChicagoBusiness By: Greg Hinz and Robert Herguth October 24, 2011 Top Rahm aide set herself up for sweet CTA pension Quote:
She worked for the Transit Authority for 8 years. She would have been eligible for retirement benefits in 3 more years She contributed $64,908.53 towards her own retirement That is $8,113 per year She will need to wait 18 years to start receiving benefits The point of Merc's entire "expose" is... She will need to pay an additional $53,000 if she wanted to secure these benefits. That's about $10K per year for a pension 18 years down the road--- My God, Oh the humanity... Such "sweet" pension ... NOT ! . |
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10-28-2011, 07:49 PM | #64 |
Are you knock-kneed?
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lol
I still don't like Rahm, tho.
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10-28-2011, 07:50 PM | #65 |
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He's channeling LBJ:
"Make the bastard deny it."
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10-28-2011, 08:09 PM | #66 |
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Furthermore, with respect to Ms Mintle above
If Ms Mintle did not secure her retirement via the $53,000 advance payment, it seems likely to me she would have withdrawn the $64,908.53 from her own retirement account. She would have had to pay income tax on that amount, unless she could roll it over to another retirement account. Ms Mintle was Chief of Staff, but the changes in the CTA system were the responsibilities of her boss, not hers. There is nothing in Merc's link to fault either Ms Mintle or Mr Emanuel. But I'm sure Merc will keep trying. . |
10-28-2011, 08:54 PM | #67 |
barely disguised asshole, keeper of all that is holy.
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contributing $64,000 TOTAL over the years and getting a $65,000 ANNUAL pension
are two very different things. jus saying didn't read it, don't care enough.
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10-28-2011, 10:48 PM | #68 |
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A deferred annuity for $65k at 7% for 18 yrs yields less than $200k
I doubt the wording of the link can be interpreted as $65k per yr |
10-29-2011, 12:02 AM | #69 | ||
barely disguised asshole, keeper of all that is holy.
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Well thats what it says ...
Quote:
Quote:
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10-29-2011, 09:20 AM | #70 |
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Good catch, Classic.
It's embarrassing to make such a mistake, particularly when it's so public. I misinterpreted the statement in lead paragraph. I apologize. I found the information later in the article saying that Ms Mintle had already contributed $72,000 in her 8 yrs of CTA service. For a deferred annuity at 7% return on that balance would be ~ $89k now, and about $270k when she reaches retirement age at 65 yr If she contributed an additional $53k now, this could add ~ $160k when she reaches 65 yr Thus, her total balance at 65 yr could be $270k + $160k or ~ $430k Her service credits would be 8 + 6, or equivalent to working 14 years for CTA. Such a balance might pay out $65k per year, or about a third of her annual ($175k) salary When she left the CTA, Ms Mintle's replacement was hired at the same pay range. While $175,000 /yr salary seems a lot, maybe Chicago does pay such salaries to Chief of Staff for the heads big agencies such as the CTA So, all in all, I do not yet see any criticism of Ms Mintle or Mr Emanuel, and stand by my comments in my original post. |
10-29-2011, 09:25 AM | #71 |
barely disguised asshole, keeper of all that is holy.
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??? dunno ???
Look up Jim Whelan in New Jersey. See if he did anything "strange" with respect to his pension.
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"like strapping a pillow on a bull in a china shop" Bullitt |
10-29-2011, 10:28 AM | #72 |
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Actually it is another example of the Obama Cabal and Chicago politics that changed the rules to benefit the few. Socialism is good for everyone but the socialists....
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10-29-2011, 10:29 AM | #73 |
“Hypocrisy: prejudice with a halo”
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Anyone but Obama in 2012!
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Anyone but the this most fuked up President in History in 2012! |
10-30-2011, 01:29 PM | #74 |
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Pick one: Romney, Cain, Perry, Bachmann, Paul, Huntsman, Gingrich, Santorum, McCain, McConnell, Graham, Brewer, Bentley, Parnell, Bush, Jindal, Chistie, Kasich, Scott, Walker, McDonnelll, Palin, Cheney, Forbes, O'Donnell, Blakely, Owens, Army, Koch, Rove, Will... in 2012
It really won't matter, you and they will both know they were only second best. (UT: I promise I won't do the color/size thing again.) |
10-30-2011, 01:42 PM | #75 |
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Your forgot my favorite, Thaddeus McCotter.
He deserved more of a shot, he was the one with a sense of humor. |
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