employment with city of LA

[Maestro]

Pro / Cons working for the city of of LA

 

[HOOTER SLED-]

Depends on the job.

 

[OldSchoolBoats]

Con - when the city goes bankrupt you may not have a job anymore.

Pro - you will be compensated very well, protected by a union and probably only have to put in about 50% effort to keep your job.

 

[HOOTER SLED-]

Do they still want you.to.live within city.limits during hiring and probationary time? Shitty rule.

 

[X Hoser]

Do they still want you.to.live within city.limits during hiring and probationary time? Shitty rule.

As far as a firefighter job, they gave up on that years ago

 

[HOOTER SLED-]

As far as a firefighter job, they gave up on that years ago

Yea that's what I thought. Sucked when I had to do it.

 

[RodnJen]

There are many variables and you need to look at all of them. Start with the nature of your work, benefits, time you are willing to spend with one employer, etc.

Typically the longer you spend with and agency, the better your benefits and compensation. Part of this has changed with the implementation of PEPRA, Jerry Brown's retirement plan. If you do not have 'reciprocity' with another defined benefit retirement plan, you will be subject to this plan. It is still much better than nothing, but you need to know what you are signing up for.

If you want to know more, pm me.

 

[regor]

There are many variables and you need to look at all of them. Start with the nature of your work, benefits, time you are willing to spend with one employer, etc.

Typically the longer you spend with and agency, the better your benefits and compensation. Part of this has changed with the implementation of PEPRA, Jerry Brown's retirement plan. If you do not have 'reciprocity' with another defined benefit retirement plan, you will be subject to this plan. It is still much better than nothing, but you need to know what you are signing up for.

If you want to know more, pm me.

PEPRA..............now how is a man suppose to survive? :thumbsdown

 

[Sun burners]

It worked for me. :thumbup:

 

[Rsqfxr]

Pro / Cons working for the city of of LA

I love it, even with the 45 mile commute

 

[Abc123]

Con - when the city goes bankrupt you may not have a job anymore.

Pro - you will be compensated very well, protected by a union and probably only have to put in about 50% effort to keep your job.

Now that's some good advice there! :thumbsup lol

 

[Always Floored]

I have two friends who work for LA county. Great benefits, decent pay, and steady. Both retiring at 55 with benefits. Not bad if you ask me.

 

[ss396]

I love it, even with the 45 mile commute

But you arent a recent new hire which has a little bit of difference in benefits and retirement

 

[Rsqfxr]

But you arent a recent new hire which has a little bit of difference in benefits and retirement

Whats up stranger... You are exactly right

 

[OldSchoolBoats]

I have two friends who work for LA county. Great benefits, decent pay, and steady. Both retiring at 55 with benefits. Not bad if you ask me.

Retiring at 55 with benefits?! Now we know what is wrong with the public sector.....[emoji23]

 

[Bobby V]

Retiring at 55 with benefits?! Now we know what is wrong with the public sector.....[emoji23]

Hahaha. I'm 3 weeks short of 55 and can retire if I want. 33 years on the job.

 

[BHC Vic]

Retiring at 55 with benefits?! Now we know what is wrong with the public sector.....[emoji23]

I'll be retiring at 55 [emoji2] well according to the fab 5 there won't be a pension for me but I guess I can dream [emoji57] I'm not even 30 yet [emoji17]

 

[OldSchoolBoats]

I'll be retiring at 55 [emoji2] well according to the fab 5 there won't be a pension for me but I guess I can dream [emoji57] I'm not even 30 yet [emoji17]

Even if I could retire at 55, I wouldnt.

 

[BHC Vic]

As soon as I can get a full pension that's it. Unless I'm in the office. Although I do see it I don't want to be a 60 year old man slamming 12' sheets of drywall. I plan on working a hard 30 years and the test of my life will b for enjoyment w my family [emoji2] pops is about to retire I want to say he just turned 58. He's old and grumpy and has given us everything. He deserves it. He's been with the post office some 33 years or so

 

[BHC Vic]

What age did paul65k retire? From what i see he makes the retired life look great

 

[Bobby V]

Even if I could retire at 55, I wouldnt.

I won't retire at 55 either due to I am in the office and I am in sales. But if I was still in the field I would be GONE at 55. You would be stupid not to retire then.

 

[bilz]

28 in so far. Age 51 may need to stay to 58 due to kids college. 6 years of night school to get to my position but it is a great gig. Things have changed a bit..look close at what it will be for you.

 

[t&y]

Do you LA City guys mean to say you can't retire with a full pension and live like ballers after only putting in 20 years of half ass work? Say it isn't so

 

[Singleton]

What age did paul65k retire? From what i see he makes the retired life look great

Big difference. Paul was an executive over multiple global sales team. After working his ass off he retired early b/c he could and he saved enough to do it. I just hope I can save enough into my 401k and my investment accounts to retire without counting on anyone else (pension, etc).

 

[BHC Vic]

Big difference. Paul was an executive over multiple global sales team. After working his ass off he retired early b/c he could and he saved enough to do it. I just hope I can save enough into my 401k and my investment accounts to retire without counting on anyone else (pension, etc).

What's different? I don't deserve to retire after 30 years of busting my ass and saving enough because I'm just a laborer? I'm going to collect my pension if it's there but I'm not relying on it. I'm in the works of some things right now. I just need to figure out how to make the most money w my money. I learned about compounding interest wayyyyyy late but it's a crazy thing. I also really like the real estate thing I expect to be buying more properties soon

 

[Singleton]

What's different? I don't deserve to retire after 30 years of busting my ass and saving enough because I'm just a laborer? I'm going to collect my pension if it's there but I'm not relying on it. I'm in the works of some things right now. I just need to figure out how to make the most money w my money. I learned about compounding interest wayyyyyy late but it's a crazy thing. I also really like the real estate thing I expect to be buying more properties soon

No issue if you pay into your retirement. I have issues with folks not paying in and relying on others to fund retirement.

 

[BHC Vic]

No issue if you pay into your retirement. I have issues with folks not paying in and relying on others to fund retirement.

I'm not sure how to classify my pension. Technically it's my company paying it. But he's only
Paying it hours I work. I need to find out a little more about it especially not that I'm vested

 

[Singleton]

I'm not sure how to classify my pension. Technically it's my company paying it. But he's only
Paying it hours I work. I need to find out a little more about it especially not that I'm vested

My issues deal with government pension, so my bad for lumping them together. . I have family members in government (IL / WI) that have not paid a dollar into retirement and are getting 80% of their salary in retirement that tax payers are funding. That type of activity can't keep going, tax payers can't fund this type of idiotic shit

 

[BHC Vic]

My issues deal with government pension, so my bad for lumping them together. . I have family members in government (IL / WI) that have not paid a dollar into retirement and are getting 80% of their salary in retirement that tax payers are funding. That type of activity can't keep going, tax payers can't fund this type of idiotic shit

Ahhhhhh I better keep u away from my pops [emoji4] not sure how his pension works but post office is government and 80% sounds right

 

[Singleton]

Ahhhhhh I better keep u away from my pops [emoji4] not sure how his pension works but post office is government and 80% sounds right

Post office is another beast. That is a non government entity, but the government funds it. Total cluster fuck the way they run that and how the union controls it. That thing would be bankrupt if not for the government

 

[BHC Vic]

Post office is another beast. That is a non government entity, but the government funds it. Total cluster fuck the way they run that and how the union controls it. That thing would be bankrupt if not for the government

True I hear it from pops all the time. He won't be reliant on his pension though. He also told me he wouldn't retire without money. What's the point of not working if u can't afford what u want or do what you want. His house is worth quite a bit more than he paid and him and ma have some money. Pension is like an added bonus. I don't think he plans on selling his phillip ranch home. He wants to leave it to my brother and I but i wish he would spend all his money on he and my mom.

 

[regor]

V, if you and your PRIVATE sector employer pay into your pension, you can retire whenever you want. More power to you for planning well. You're not staring at the same pension the PUBLIC sector is. If you were, your employer would be bankrupt.

The PUBLIC sector leeches have an advantage like no other, bought politicians and taxpayers. You see, instead of a PRIVATE sector company going bankrupt, they just continue to bend the taxpayers over the table with bullshit Prop's and taxes hidden as "fees".

Their little parade is coming to an end, math rules. One more crash and it's over Johnny. :thumbup:

 

[BHC Vic]

V, if you and your PRIVATE sector employer pay into your pension, you can retire whenever you want. More power to you for planning well. You're not staring at the same pension the PUBLIC sector is. If you were, your employer would be bankrupt.

The PUBLIC sector leeches have an advantage like no other, bought politicians and taxpayers. You see, instead of a PRIVATE sector company going bankrupt, they just continue to bend the taxpayers over the table with bullshit Prop's and taxes hidden as "fees".

Their little parade is coming to an end, math rules. One more crash and it's over Johnny. :thumbup:

Actually makes sense to me [emoji4]

 

[Bobby V]

I'm not sure how to classify my pension. Technically it's my company paying it. But he's only
Paying it hours I work. I need to find out a little more about it especially not that I'm vested

If you don't know by now how your pension works you are a idiot.

 

[BHC Vic]

If you don't know by now how your pension works you are a idiot.

Well we just had some changes made July 1st and I would like to know more about the hours and a few different things.

 

[79 HUSTLER]

If you don't know by now how your pension works you are a idiot.

But he learned about compounding interest a whole two weeks ago cause a thread on RDs. He's gonna be just fine now. :eek

 

[Bobby V]

Well we just had some changes made July 1st and I would like to know more about the hours and a few different things.

Yes. There are changes to our pensions all the time. It is VERY important to keep up with them. The most drastic change for my pension happened during the last BUSH years when the economy took a dump. :finger

 

[regor]

Yes. There are changes to our pensions all the time. It is VERY important to keep up with them. The most drastic change for my pension happened during the last BUSH years when the economy took a dump. :finger

You ready for round two?