"You're witnessing a moment of bipartisan joy," said Assemblyman Tim Donnelly, R-San Bernardino, vice chairman of the Higher Education Committee. "I'm ashamed that I didn't think of this myself." (source)And why is a Republican Assemblyman from San Bernadino so happy about a bill introduced by a Democrat, Jerry Hill, from San Mateo? Because the bill would cap pension benefits of highly paid employees at the University of California. Instead of calculating benefits based on a percentage of their full salary, they would be based on a percentage of the first $245,000.
"They really need to come down from their ivory tower and see and feel what real people are going through," [Assemblyman Hill] said.As I said, honorable executives wouldn't be demanding these benefits when California and the University of California system are facing such enormous financial shortfalls.
Related articles




Leave a comment