Teri Sforza has produced another fine Watchdog post over at the Register about the gravy train that already awaits MWD employees in retirement, including a list of over 40 of these watercrats who pull down over $100K a year in pension payements click here . The former top dog who retired in 1993 gets almost $225K per year and has received over $3.5 million since he stopped clocking in. Sweet. For him.
If that weren’t bad enough, now MWD wants to raise their pension formula even more. A few days ago we threw down the gauntlet to our City Council to be accountable for the upcoming vote by their chosen MWD representative, Jim Blake. Well, now we do it again. The vote is next week and we will be reporting back to the friends.
And remember. MWD cost increases are passed directly on to us. On top of that, in Fullerton 10% of gross water revenue (from your water bill) goes directly into the General Fund. And that’s a hidden tax increase, folks.
Here’s the MWD $100,000 club. If you know anyone on the list make sure he/she thanks the water rate payer for their largess: