Did someone mention double dipping ? - Mercedes-Benz Forum

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post #1 of 1 (permalink) Old 05-21-2009, 01:21 PM Thread Starter
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Did someone mention double dipping ?

What a gig, a LAPD pension AND a budget chief salary.
Thanks to all.

As retired LAPD chief, Bernard Parks earns a $265,090 annual pension. As the City Council's budget chief, he collects a $178,789 salary and warns pension obligations could bankrupt the city.
By Rich Connell
May 21, 2009

Los Angeles Councilman Bernard Parks, City Hall's budget committee chief who is warning that soaring payroll and pension costs threaten the city's financial stability, receives $22,000 a month in city retirement benefits, in addition to his $178,789 a year salary, records and interviews show.

A former Los Angeles Police Department chief who served 38 years on the force, Parks operates in a sensitive political role, heading the key council panel that has grappled with a recession-driven $530-million budget shortfall.

One of L.A.'s biggest pensioners warns of the costs - Los Angeles Times

... and this important discussion continues.

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