Saturday, August 18, 2012

Average Total Compensation for San Jose City Worker is $175,000 Per Year

Average Total Compensation for San Jose City Worker is $175,000 Per Year | Union Watch
Does this seem incredible? Well it isn’t.
It is based on actual payroll records obtained from the city of San Jose for 2011, with just one assumption added – that pension funds will no longer earn 7.5% per year, but instead earn a more realistic 4.5% per year.
If you want to stick with 7.5%, the average is still $150,000 per year.

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