Surprised on high district pensions!
Original post made by Jill, Birdland, on Mar 30, 2011
Highest in the list of pensions is Merlin Donaldson who now takes home $178,120 per year in retirement pay! That is outrageous. I support our schools but that is excessive . A majority of the pensions are paid for by state and local taxes and the taxpayers have to make up the shortfall when the market does not do well since these pensions are guaranteed, unlike my 401(k).
There are many names on this pension list at California Pension Reform that I have never heard of. Like Merlin Donaldson, Sally Dellanini ($111,388), Steven Dellanini ($101,083) (Dellanini is an uncommon name so are those two related?), Kathleen Kindred ($116,401), Robert Kreitz ($154,536), Robert Kroetch ($140,569), Patricia Leonard ($106,708), Richard Puppione ($100,872), Andree Schacht ($107,100).
While I think these pensions are excessive for even superintendents and highs school principals, I wonder who these people above are. I have been in this community for over 25 years and never heard those names.
Measure E says that the money is needed to attract and retain employees. What we are giving out is outrageous. With a pension this high, they must have really high salaries. There is no way I can support an additional tax now until expenses like this are under control.