Raises actually cost more

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Each raise increases county costs far beyond the cost of the raise.

When talking about the sheriff’s and other public officials’ pay, The Augusta Chronicle also should mention that, in terms of cost to the county, the salary is 30 percent to 40 percent higher because of benefits such as health insurance, disability insurance and retirement. The county cost for sheriff probably is close to $164,000.

Using the sheriff’s salary as an example, if he remains in office for 20 years and retires, the additional cost of this one $16,000 raise actually is $386,000, assuming a 5 percent raise every five years. It doesn’t end there.

Retirement pay is based on the last few years’ salary. This raise for the sheriff will cost the county an additional $386,000 and more, depending on how long he lives. The actual cost of this raise may exceed $772,000, adding salary and retirement costs and assuming 20 years’ retirement.

Many municipalities have financial trouble because of the future costs accrued by generous retirement and salary programs. Raises cost more than you think.

Paul Rosenzweig Jr.

Augusta

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dichotomy
36291
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dichotomy 03/04/13 - 09:28 am
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Our black commissioners need

Our black commissioners need to start practicing saying "Detroit". That is where we are headed. But that would require forward thinking and none of them have any of that. Hard to govern for the future when you are still trying to get revenge for the past. Hard to run a 21st century city with 1970s commissioners.

dahreese
4869
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dahreese 03/04/13 - 10:44 am
1
8
This letter sounds like
Unpublished

This letter sounds like wealth envy.

Reminds me of the old fellow who was complainging about EMTs making too much money because they spent most of their time just sitting around.

Then, it was the old fellow's time to have a heart attack and guess who was no longer sitting around?

Darby
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Darby 03/05/13 - 04:51 pm
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"This letter sounds like wealth envy."....

.
This letter sounds to me like someone who is concerned with the burden we are placing on our children and grandchildren.

Someone needs to look to the future, while we still have one...

There are too many folks now with their hands out. Time for some rationality in our thinking and planning. Progressives think there is no bottom to the barrel. Unfortunately, they could not be more wrong.

It's the people who think that the taxpayer owes them a free ride who suffer from wealth envy.

dahreese
4869
Points
dahreese 03/04/13 - 06:23 pm
2
5
Naw....
Unpublished

The writer is just a guy who needs something to complain about.

And one of the commentors just has to throw a racist comment ("Our black commissioners need to start practicing saying "Detroit". That is where we are headed. But that would require forward thinking and none of them have any of that.

"Hard to govern for the future when you are still trying to get revenge for the past) into it."

gargoyle
19576
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gargoyle 03/04/13 - 08:14 pm
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"There are too many folks now

"There are too many folks now with their hands out. Time for some rationality in our thinking and planning. Progressives think their is no bottom to the barrel. Unfortunately, they could not be more wrong.
"Darby
Add to that politians who fancy themselfs Rockstars and want to be treated accordingly, that will exacerbate the problems we face .

rebellious
21419
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rebellious 03/04/13 - 08:38 pm
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Build it and they will come

may have worked in Field Of Dreams, but in reality......todays decisions impact tomorrow's costs.

Example: We build facilities with no consideration for maintenance costs. Golf Hall and Garden (or whatever the heck it was called). We got the land from a State grant and then when interest dried up, it became an overgrown jungle.

Darby
28394
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Darby 03/05/13 - 05:07 pm
1
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Actually, Dichotomy hit the nail on the.....

head.
.
I see nothing racial in his post simply because he uses the phrase "black commissioners". He is simply attempting to warn us that rarely has a city taxed and spent itself into oblivion as has Detroit. On a smaller scale, we are on the same path.

Detroit isn't even really the "Motor City" anymore. That's how bad it's become. The city and a huge part of it's citizenry is now on the dole. When you think Detroit, you think poverty, dirt and debt, not General Motors and Ford.

Augusta deserves better.

Darby
28394
Points
Darby 03/06/13 - 11:41 pm
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0
Actually, I have nothing to add....

and it's getting to be about my bedtime. Nite all....

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