Alameda County rewards boss: $400k…for life
Original post made by Arnold on Mar 25, 2013
For the rest of her life.
According to county pay records, in addition to her $301,000 base salary, Muranishi receives:
$24,000, plus change, in "equity pay'' to guarantee that she makes at least 10 percent more than anyone else in the county.
About $54,000 a year in "longevity" pay for having stayed with the county for more than 30 years.
An annual performance bonus of $24,000.
And another $9,000 a year for serving on the county's three-member Surplus Property Authority, an ad hoc committee of the Board of Supervisors that oversees the sale of excess land.
Like other county executives, Muranishi also gets an $8,292-a-year car allowance.
Muranishi has been with the county for 38 years, and she's 63. When retirement day comes, she'll be getting a lot more than a gold watch.
That's because, according to the county auditor's office, Muranishi's annual pension will be equal to the dollar total of her entire yearly package $413,000. She also has a separate executive private pension plan, for which the county chips in $46,500 a year."
So for thirty years of service at exceptional pay we'll be paying this woman full salary + a 2% annual pension increase for probably 20 years of retirement, or $614,000 in year 20, or 9 million for not working - plus free medical.
"Like other county executives, Muranishi also gets an $8,292-a-year car allowance."
- I guess that means, since the car allowance for all county executuves are included in the pension calculation, that she receives, like the rest of them, a car allowance for life.
If this offends anyone I can assure you it is only the tip of the iceburg.
This article was originally posted by Matier and Ross, in the SF Chronicle: Web Link
To the PW staff, nothing wrong with leaving this topic up for view. Why did you remove the original posting (by someone other than me)?
on Mar 26, 2013 at 10:31 am
Taxpayers simply must wake up and pay attention, rather than pay insane pay and pay benefits for life. Business FIRES people, Not quarantee jobs for life, benefits for life regarless of performance.
on Mar 26, 2013 at 11:46 am
now that i've given this matter serious thought i say go girl!
on Mar 30, 2013 at 8:21 am
Incredible waste of our taxpayer money. Where s an application to the tea party? I am ready to join! This is crazy.