Pension Spiking Leaves a Bad Taste
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* If Huntington Beach residents have had enough of the retirement salary spiking, if they do not think it is fair that the taxpayers pay 100% of city employees’ retirement contributions, and if they are sick and tired of having a special tax levied on their property to pay for all of this, then they should help us amend the city charter to put a stop to it.
Citizens Against Retirement Tax is circulating a petition to put a charter amendment on the November ballot to repeal the special property tax and to force city employees to pay a portion of their own retirement contributions.
JIM L. BANKS
Chairman
Citizens Against Retirement Tax
Huntington Beach
* To say I was furious when I read about the pension spiking plans by local cities and public agencies understates the point.
I can only imagine the anger of other taxpayers who don’t have the luxury of inflating their salaries by an average of $79,000 in their last year, as 34 employees in Huntington Beach did, so that their pensions can be heftier.
I am a public employee, working as a faculty member at Orange Coast College in Costa Mesa. I am concerned, of course, that people reading about such abuses will attribute these activities to everyone who works in the public sector.
I can assure you that such perks aren’t available to any faculty members with whom I associate. The only way I can “spike” my less-than-adequate state teacher retirement is the old-fashioned way--I save.
STEVEN J. GOETZ
Irvine
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