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Policepay.net |
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August 24, 2010 Holy Cow, It Can’t Be
Personal Income “What About
The Apocalypse?” Maybe Next Time |
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Policepay.net |
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August 24,
2010
State of
California General Fund Revenue For
FYE June 30, Forget About The Spaceship Just A False Alarm O’ P. T. Knew What He Was Talking About |
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August 24,
2010 Pop Quiz # 1 What Were The Ten Biggest Economic Years? Envelope Please!
2010 Will Be Either 4th or 5th Anyone See A Trend? “The Economic Engine Goes Faster and Faster” “In 2021 None Of These Years Will Be In The Top
10” |
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Policepay.net |
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August 24,
2010 Pop Quiz # 2 What Was CaLPERS Return On Investment For FYE
6-30-10? Envelope Please! 11.4% Pop Quiz # 3 What Is CaLPERS Long-Term Audited Return On
Investment? Envelope Please! 7.75% |
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Policepay.net |
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August 24,
2010 Pop Quiz # 4 What Is Your Economic Prediction For 2011? A - Down,
Down, Down B - More
Of The Same C – Little Or No Growth D – 5% Real GDP Growth Envelope Please! D - 5% Real GDP Growth If You Chose A or B, Pick Up Your Television And
Chunk It Into The Street. Go To Barnes
And Noble And Purchase A Real Book On Macroeconomics. |
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Policepay.net |
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August 24,
2010 Pop Quiz # 5 What Size Of Pension Do Most California Cities
Give Police Officers? A - 90% B - 75% C – 60% D – 100% Envelope Please! C – 60% The Most Common Stated Rate Is 90%, But Most
Cities Only Pay 2/3 Of The Cost. The
Employee Pays The Other 1/3. Even If
The City Is Paying The Employee’s Share, It Is In Lieu Of A Pay Raise. |
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Policepay.net |
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August 24,
2010 Pop Quiz # 6 What Total Long-Term Annual Contribution Rate
(City and Employee) Is Need To Fund A “90% Pension”? A - 60% B - 50% C – 33% D – 25% Envelope Please! D – 25% The Employer’s Share Is Normally 14% to 18%. Is That Obscene Or Astronomical? |