Thanks to the City of Bell scandal, local governments are now required to report compensation figures to the state every year. The other day a reader shared that report with us.
This is the first time that we’ve been able to see pension contributions, insurance premiums, overtime, etc. added together for each of the city’s employees, showing us the full value (and cost to the taxpayer) of a job with the city of Fullerton.
The numbers speak for themselves:
[iframe_loader width=’100%’ height=’600′ frameborder=’1′ scrolling=’auto’ src=’https://docs.google.com/spreadsheet/pub?key=0AiyL667gfsw9dHlZalV5WTQ2R3dqRnFMMEJucEI4LWc&output=html’]
Keep in mind that the city’s pension and retiree medical plans are severely underfunded even with these sizable contributions. That means these cost figures are actually understated.