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Cop salaries when including present value of pension

By salary I meant compensation. What is this like 200k+? And...
flirting site
  06/18/13
they are all constantly putting their lives at risk!
thriller free-loading skinny woman feces
  06/18/13
cholesterol is deadly
amethyst juggernaut private investor
  06/18/13
lol
flirting site
  06/18/13
Watch this. *drives to work*
sooty arrogant station wagecucks
  06/18/13
I know this was sarcastic, but serious question: Why do they...
flirting site
  06/18/13
Correct.
sooty arrogant station wagecucks
  06/18/13
all executive comp is basically designed to be so complex an...
Adventurous topaz chad brunch
  06/18/13
LOL, this isn't true at all. 1. Executive comp is deferr...
flirting site
  06/18/13
yeah right. why do companies have a dozen comp plans? why ...
Adventurous topaz chad brunch
  06/18/13
Retard, find me a multimillion dollar agreement that does no...
flirting site
  06/18/13
(Actual retard who is unable to understand the 40 pages of d...
Rose Bat-shit-crazy Cuck Turdskin
  06/18/13
if you don't like apple's exec comp plan, don't invest in ap...
well-lubricated buff bawdyhouse
  06/18/13
cr
flirting site
  06/18/13
Sorry bootlicker, being a cop isn't really that dangerous of...
Irradiated rambunctious fat ankles
  06/18/13
*runs backpage.com escort stings* oh what a hero!
passionate snowy kitty cat
  06/18/13
I hate all cops so fucking much. More than terrorists.
passionate snowy kitty cat
  06/18/13
and yet who is teh first person you turn to when you need he...
Henna Rehab
  06/18/13
what help from crime? the odds of a cop showing up and savi...
Crystalline lascivious place of business stag film
  06/18/13
Unless you live in a shithole, you'll probably never need co...
sooty arrogant station wagecucks
  06/18/13
im probably more likely to be accidentally shot by a full bl...
passionate snowy kitty cat
  06/18/13
Hugely credited
Violet Curious Home
  06/18/13
I don't hate cops. Most of them are good people. But there i...
flirting site
  06/18/13
good people, but most lie under oath because the guy was gu...
marvelous costumed abode
  06/18/13
Plus, I'm sure that they get opportunities to pocket drug mo...
fantasy-prone box office philosopher-king
  06/18/13
why do we spend so much time policing the speed limit. se...
Adventurous topaz chad brunch
  06/18/13
In some cities you see a fucking cop like every couple hundr...
Vigorous Legal Warrant Depressive
  06/18/13
grossly overpaying people to fuck us in the ass
passionate snowy kitty cat
  06/18/13
speeding ticket revenue pays for most of the expenses of pol...
chestnut domesticated school
  06/18/13
if it saves one life
marvelous costumed abode
  06/18/13
Actually, I rarely see cops doing traffic work in my area.
sooty arrogant station wagecucks
  06/18/13
I have a cop friend and the state website lists his all-in y...
Vigorous Legal Warrant Depressive
  06/18/13
His benefits are the best of the best as well. This is righ...
Violet Curious Home
  06/18/13
It's even worse than that because it probably includes the c...
wild trailer park partner
  06/18/13
nah bro, i'm sure those projected 11% returns will come thro...
carmine nofapping ape
  06/23/13
lol at complaining that it shows the truth. what state is th...
flirting site
  06/18/13
They need to raise 401K limits for people who don't get matc...
misanthropic ceo gas station
  06/18/13
LOLOLOLOLOLOL
wild trailer park partner
  06/18/13
These people are effectively making $150K while paying taxes...
misanthropic ceo gas station
  06/18/13
Lol if you think that is the only advantage of a defined ben...
wild trailer park partner
  06/18/13
It's the biggest advantage. If we could take $100K of our b...
misanthropic ceo gas station
  06/18/13
No. You'd be doing as well as cops IF: 1. You worked an a...
flirting site
  06/18/13
What's the average total compensation for a cop? Is this ju...
misanthropic ceo gas station
  06/18/13
There are extreme cases of 200k+ pensions that are limited t...
flirting site
  06/18/13
BUT THEY RISK THEIR LIVES
passionate snowy kitty cat
  06/18/13
*trims palm trees* *doesn't get cushy, secure life*
sooty arrogant station wagecucks
  06/18/13
...
flirting site
  06/18/13
...
flirting site
  06/18/13
Brother, it sounds like you need to read up on this scam a b...
wild trailer park partner
  06/18/13
Yes that's another big fucking scam aspect of it, but not as...
flirting site
  06/18/13
they shouldn't get their pensions until age 65. or ever...
Azure offensive corn cake range
  06/18/13
...
flirting site
  06/23/13


Poast new message in this thread



Reply Favorite

Date: June 18th, 2013 10:53 AM
Author: flirting site

By salary I meant compensation. What is this like 200k+? And 500k+ for the special cases who retire with 150k-200k per year pension for 40 years?

Are we all fucking retarded for not being cops or what?

(http://www.autoadmit.com/thread.php?thread_id=2285282&forum_id=2#23421578)



Reply Favorite

Date: June 18th, 2013 10:53 AM
Author: thriller free-loading skinny woman feces

they are all constantly putting their lives at risk!

(http://www.autoadmit.com/thread.php?thread_id=2285282&forum_id=2#23421581)



Reply Favorite

Date: June 18th, 2013 10:54 AM
Author: amethyst juggernaut private investor

cholesterol is deadly

(http://www.autoadmit.com/thread.php?thread_id=2285282&forum_id=2#23421584)



Reply Favorite

Date: June 18th, 2013 11:05 AM
Author: flirting site

lol

(http://www.autoadmit.com/thread.php?thread_id=2285282&forum_id=2#23421633)



Reply Favorite

Date: June 18th, 2013 11:36 AM
Author: sooty arrogant station wagecucks

Watch this.

*drives to work*

(http://www.autoadmit.com/thread.php?thread_id=2285282&forum_id=2#23421775)



Reply Favorite

Date: June 18th, 2013 11:41 AM
Author: flirting site

I know this was sarcastic, but serious question: Why do they have pensions instead of just paying out the present value as a salary?

To me the answer is:

1. Taxpayers OVERWHELMINGLY would never ever approve of what they are making if they understood it, and a pure salary would be too easy to understand.

2. They can't afford to pay themselves that much in real time, so they irresponsibly saddled the next generation with the obligation.

(http://www.autoadmit.com/thread.php?thread_id=2285282&forum_id=2#23421793)



Reply Favorite

Date: June 18th, 2013 11:45 AM
Author: sooty arrogant station wagecucks

Correct.

(http://www.autoadmit.com/thread.php?thread_id=2285282&forum_id=2#23421807)



Reply Favorite

Date: June 18th, 2013 12:04 PM
Author: Adventurous topaz chad brunch

all executive comp is basically designed to be so complex and to defer realization for long enough that no one can get upset about it.

CEO's get made like an even $1m in salary but then make $10m in stock appreciation units and supplemental retirement plans

(http://www.autoadmit.com/thread.php?thread_id=2285282&forum_id=2#23421880)



Reply Favorite

Date: June 18th, 2013 12:34 PM
Author: flirting site

LOL, this isn't true at all.

1. Executive comp is deferred for two reasons: taxes, and in order to make it contingent on performance over time.

2. Executive comp is constantly scrutinized and broken down into totals.

3. Directors and the vast majority of stockholders by volume are more than sophisticated enough to understand executive compensation. (Unlike the average voter/taxpayer).

(http://www.autoadmit.com/thread.php?thread_id=2285282&forum_id=2#23422005)



Reply Favorite

Date: June 18th, 2013 12:43 PM
Author: Adventurous topaz chad brunch

yeah right. why do companies have a dozen comp plans? why is exec comp disclosure take 40 pages of text and tables.

because the inmates run the asylum

(http://www.autoadmit.com/thread.php?thread_id=2285282&forum_id=2#23422045)



Reply Favorite

Date: June 18th, 2013 12:51 PM
Author: flirting site

Retard, find me a multimillion dollar agreement that does not include many pages but that is heavily regulated and fraught with complex legal issues. But yes the mechanics of the actual scheme can also be complex.

I'm not going to argue that executive compensation is justified or right, but the relevant people understand what execs are getting paid.



(http://www.autoadmit.com/thread.php?thread_id=2285282&forum_id=2#23422082)



Reply Favorite

Date: June 18th, 2013 1:20 PM
Author: Rose Bat-shit-crazy Cuck Turdskin

(Actual retard who is unable to understand the 40 pages of disclosures clearly explaining compensation and thus believes they are incomprehensible to everyone)

(http://www.autoadmit.com/thread.php?thread_id=2285282&forum_id=2#23422227)



Reply Favorite

Date: June 18th, 2013 1:09 PM
Author: well-lubricated buff bawdyhouse

if you don't like apple's exec comp plan, don't invest in apple.

now, try doing that with your taxes.

(http://www.autoadmit.com/thread.php?thread_id=2285282&forum_id=2#23422174)



Reply Favorite

Date: June 18th, 2013 1:10 PM
Author: flirting site

cr

(http://www.autoadmit.com/thread.php?thread_id=2285282&forum_id=2#23422181)



Reply Favorite

Date: June 18th, 2013 11:58 AM
Author: Irradiated rambunctious fat ankles

Sorry bootlicker, being a cop isn't really that dangerous of a job.

(http://www.autoadmit.com/thread.php?thread_id=2285282&forum_id=2#23421868)



Reply Favorite

Date: June 18th, 2013 11:58 AM
Author: passionate snowy kitty cat

*runs backpage.com escort stings*

oh what a hero!

(http://www.autoadmit.com/thread.php?thread_id=2285282&forum_id=2#23421870)



Reply Favorite

Date: June 18th, 2013 11:42 AM
Author: passionate snowy kitty cat

I hate all cops so fucking much. More than terrorists.

(http://www.autoadmit.com/thread.php?thread_id=2285282&forum_id=2#23421798)



Reply Favorite

Date: June 18th, 2013 11:45 AM
Author: Henna Rehab

and yet who is teh first person you turn to when you need help frmo crime man

(http://www.autoadmit.com/thread.php?thread_id=2285282&forum_id=2#23421808)



Reply Favorite

Date: June 18th, 2013 11:46 AM
Author: Crystalline lascivious place of business stag film

what help from crime? the odds of a cop showing up and saving you from a crime are astronomically low, the threat of them solving it is all that helps you

(http://www.autoadmit.com/thread.php?thread_id=2285282&forum_id=2#23421811)



Reply Favorite

Date: June 18th, 2013 11:47 AM
Author: sooty arrogant station wagecucks

Unless you live in a shithole, you'll probably never need cops to help with anything other than keeping an eye on traffic.

(http://www.autoadmit.com/thread.php?thread_id=2285282&forum_id=2#23421816)



Reply Favorite

Date: June 18th, 2013 11:47 AM
Author: passionate snowy kitty cat

im probably more likely to be accidentally shot by a full blown retard cop than to have my life saved by one.

(http://www.autoadmit.com/thread.php?thread_id=2285282&forum_id=2#23421819)



Reply Favorite

Date: June 18th, 2013 11:48 AM
Author: Violet Curious Home

Hugely credited

(http://www.autoadmit.com/thread.php?thread_id=2285282&forum_id=2#23421824)



Reply Favorite

Date: June 18th, 2013 12:35 PM
Author: flirting site

I don't hate cops. Most of them are good people. But there is a problem with the pensions.

(http://www.autoadmit.com/thread.php?thread_id=2285282&forum_id=2#23422010)



Reply Favorite

Date: June 18th, 2013 1:00 PM
Author: marvelous costumed abode

good people, but

most lie under oath because the guy was guilty, anyway

(http://www.autoadmit.com/thread.php?thread_id=2285282&forum_id=2#23422135)



Reply Favorite

Date: June 18th, 2013 11:45 AM
Author: fantasy-prone box office philosopher-king

Plus, I'm sure that they get opportunities to pocket drug money and the like.

(http://www.autoadmit.com/thread.php?thread_id=2285282&forum_id=2#23421806)



Reply Favorite

Date: June 18th, 2013 12:05 PM
Author: Adventurous topaz chad brunch

why do we spend so much time policing the speed limit.

seems like a huge racket.

(http://www.autoadmit.com/thread.php?thread_id=2285282&forum_id=2#23421885)



Reply Favorite

Date: June 18th, 2013 12:18 PM
Author: Vigorous Legal Warrant Depressive

In some cities you see a fucking cop like every couple hundred yards sitting there looking for speeders. There is no fucking way they give out enough speeding tickets to justify their employment. And I really don't think the public gives a shit whether we catch every single person who goes 50 in a 35 zone.

(http://www.autoadmit.com/thread.php?thread_id=2285282&forum_id=2#23421936)



Reply Favorite

Date: June 18th, 2013 12:24 PM
Author: passionate snowy kitty cat

grossly overpaying people to fuck us in the ass

(http://www.autoadmit.com/thread.php?thread_id=2285282&forum_id=2#23421965)



Reply Favorite

Date: June 18th, 2013 12:59 PM
Author: chestnut domesticated school

speeding ticket revenue pays for most of the expenses of police dept

(http://www.autoadmit.com/thread.php?thread_id=2285282&forum_id=2#23422132)



Reply Favorite

Date: June 18th, 2013 1:00 PM
Author: marvelous costumed abode

if it saves one life

(http://www.autoadmit.com/thread.php?thread_id=2285282&forum_id=2#23422136)



Reply Favorite

Date: June 18th, 2013 1:05 PM
Author: sooty arrogant station wagecucks

Actually, I rarely see cops doing traffic work in my area.

(http://www.autoadmit.com/thread.php?thread_id=2285282&forum_id=2#23422160)



Reply Favorite

Date: June 18th, 2013 12:15 PM
Author: Vigorous Legal Warrant Depressive

I have a cop friend and the state website lists his all-in yearly compensation at like 140k+. He was complaining how bullshit that was because it includes his benefits and present value pension. It's funny how these guys take the benefits for granted and think like everyone gets them or something.

(http://www.autoadmit.com/thread.php?thread_id=2285282&forum_id=2#23421922)



Reply Favorite

Date: June 18th, 2013 12:26 PM
Author: Violet Curious Home

His benefits are the best of the best as well. This is rightly considered as part of compensation. Its especially important for people with families, where routine medical bills could easily cost 1000s.

(http://www.autoadmit.com/thread.php?thread_id=2285282&forum_id=2#23421971)



Reply Favorite

Date: June 18th, 2013 12:32 PM
Author: wild trailer park partner

It's even worse than that because it probably includes the contributions, not the actual present value (which is far greater than contributions)

(http://www.autoadmit.com/thread.php?thread_id=2285282&forum_id=2#23421996)



Reply Favorite

Date: June 23rd, 2013 2:04 PM
Author: carmine nofapping ape

nah bro, i'm sure those projected 11% returns will come through.

(http://www.autoadmit.com/thread.php?thread_id=2285282&forum_id=2#23456924)



Reply Favorite

Date: June 18th, 2013 12:37 PM
Author: flirting site

lol at complaining that it shows the truth. what state is this?

These fuckers are despicable when it comes to this. They really think that anyone else gets stuff like this?

(http://www.autoadmit.com/thread.php?thread_id=2285282&forum_id=2#23422023)



Reply Favorite

Date: June 18th, 2013 12:45 PM
Author: misanthropic ceo gas station

They need to raise 401K limits for people who don't get matching. That would even things out somewhat.

(http://www.autoadmit.com/thread.php?thread_id=2285282&forum_id=2#23422050)



Reply Favorite

Date: June 18th, 2013 12:48 PM
Author: wild trailer park partner

LOLOLOLOLOLOL

(http://www.autoadmit.com/thread.php?thread_id=2285282&forum_id=2#23422067)



Reply Favorite

Date: June 18th, 2013 12:50 PM
Author: misanthropic ceo gas station

These people are effectively making $150K while paying taxes on $75K, whereas people who actually make $150K are paying taxes on the whole $150K.

(http://www.autoadmit.com/thread.php?thread_id=2285282&forum_id=2#23422081)



Reply Favorite

Date: June 18th, 2013 12:51 PM
Author: wild trailer park partner

Lol if you think that is the only advantage of a defined benefit public pension

(http://www.autoadmit.com/thread.php?thread_id=2285282&forum_id=2#23422088)



Reply Favorite

Date: June 18th, 2013 12:54 PM
Author: misanthropic ceo gas station

It's the biggest advantage. If we could take $100K of our biglaw salaries and put $100K in a 401K, we'd be doing pretty well. Assuming you are somewhat competent in investing your own money, which many people are not.

(http://www.autoadmit.com/thread.php?thread_id=2285282&forum_id=2#23422107)



Reply Favorite

Date: June 18th, 2013 12:57 PM
Author: flirting site

No. You'd be doing as well as cops IF:

1. You worked an average of 20-25 hours a week for the year.

2. You did a job that could easily be COMPETENTLY filled at 40-50k per year.

3. Your total compensation was like 300k per year each year that you actually worked, and the people paying your salary didn't even know/care and if they did would have a very hard time doing anything about it.

4. You did not have to spend any time (opportunity cost) or money going to law school or even college really.

5. Little to zero chance of being LAYOFF PWNED (compared to 100% chance in biglaw).

6. For the second half of your working life you get to have another chill career doing whatever you want, starting a business etc, and any money you make is on top of your pension.

(http://www.autoadmit.com/thread.php?thread_id=2285282&forum_id=2#23422120)



Reply Favorite

Date: June 18th, 2013 1:01 PM
Author: misanthropic ceo gas station

What's the average total compensation for a cop? Is this just in certain cities or is this a national phenomenon? Regardless, I can't be too upset that other people are beating the system. I made the ill-advised choice of going to law school and have to deal with it.

(http://www.autoadmit.com/thread.php?thread_id=2285282&forum_id=2#23422139)



Reply Favorite

Date: June 18th, 2013 1:07 PM
Author: flirting site

There are extreme cases of 200k+ pensions that are limited to certain places but even these are by no means a rare thing. They are all over NJ, NY, CA, and IL.

But even the norm is to work for 25 years and retire around 45 and then collect a pension, maybe 80-100k or something, for 40 fucking years or even much more as life expectancy goes up. And as medical costs go up, so does your total compensation all throughout retirement.

I'm not angry at your average cop, and I don't get upset or jealous at people making money. But these are public employees. That means taxpayers and voters are supposed to be deciding what kind of service they want from these institutions and what compensation should be. So this is exactly the kind of thing that we should be deliberating on.

(http://www.autoadmit.com/thread.php?thread_id=2285282&forum_id=2#23422168)



Reply Favorite

Date: June 18th, 2013 1:01 PM
Author: passionate snowy kitty cat

BUT

THEY

RISK

THEIR

LIVES

(http://www.autoadmit.com/thread.php?thread_id=2285282&forum_id=2#23422146)



Reply Favorite

Date: June 18th, 2013 1:08 PM
Author: sooty arrogant station wagecucks

*trims palm trees*

*doesn't get cushy, secure life*

(http://www.autoadmit.com/thread.php?thread_id=2285282&forum_id=2#23422170)



Reply Favorite

Date: June 18th, 2013 1:37 PM
Author: flirting site



(http://www.autoadmit.com/thread.php?thread_id=2285282&forum_id=2#23422326)



Reply Favorite

Date: June 18th, 2013 4:46 PM
Author: flirting site



(http://www.autoadmit.com/thread.php?thread_id=2285282&forum_id=2#23423350)



Reply Favorite

Date: June 18th, 2013 12:59 PM
Author: wild trailer park partner

Brother, it sounds like you need to read up on this scam a bit more

(http://www.autoadmit.com/thread.php?thread_id=2285282&forum_id=2#23422133)



Reply Favorite

Date: June 18th, 2013 12:53 PM
Author: flirting site

Yes that's another big fucking scam aspect of it, but not as much as the issue that these people are making 300k and nobody even knows it, not even THEM half the time, they are too fucking stupid to even understand present value.

(http://www.autoadmit.com/thread.php?thread_id=2285282&forum_id=2#23422100)



Reply Favorite

Date: June 18th, 2013 1:16 PM
Author: Azure offensive corn cake range

they shouldn't get their pensions until age 65.

or every year before 65 that they retire should cut 5% from their pensions.

(http://www.autoadmit.com/thread.php?thread_id=2285282&forum_id=2#23422207)



Reply Favorite

Date: June 23rd, 2013 1:51 PM
Author: flirting site



(http://www.autoadmit.com/thread.php?thread_id=2285282&forum_id=2#23456855)