Keeping a watchful eye on Portland's 'world famous' transit system Trimet! (known to the locals as the Trimess)
Do you have any idea how many muffins I could make on nearly $11k per month?
Fred has multiple pensions too!All from Uncle Sam, Trimet is only one of them!
anY chance you could post their blunders and Public Pension results over there above ole Tiffany?
Looks like Fred & Brian (and Neil) probably have a union style "you get $X per month for the rest of your life" style pension plan. Resolution 11-06-29 (June 8 2011) has this wording:At its February 26, 2003 meeting, the Board adopted Resolution 03-02-08 establishing a Defined Contribution Retirement Plan for TriMet Management and Staff Employees. Effective April 28, 2003, all newly hired, non-union employees are required to enroll in the Plan.IMO: You should FOIA request the "Terms of the pension plan that Fred, Brian, Carolyn and NEIL are enrolled in including but not limited to how the pension benefit is calculated, the conditions under which payments are made, how long the payments will be made for, etc."
Where are all the critics of the union on the size of these pensions?Hello,John Charles.
$186,612.96 per year, to do nothing....Must be nice!
So let's see...Freddie gets $186,612 per year for doing absolutely NOTHING. And Mr. Brian over there gets $129,588 per year to do absolutely nothing. And then you wonder why TriMet has a 'budget deficit'....but boy. It sure would be nice to be paid so much to do nothing. Smart idea getting outa your GM job at TriMet, Freddie! Now you can get almost the same pay for sitting on your butt and doing nothing!
What drives me crazy is that is for only 10 years of service.
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