December 26, 2007, - 12:37 pm

When A Politician Refusing a Payraise . . . Isn’t Actually Refusing

By Debbie Schlussel
There are so many promises politicians make about their terms in office that are lauded but not really meant. We’ve all heard of Congressmen who said they’d retire after three terms and then chose to run for re-election after that, anyway. And there are so many others like that, I’d be writing forever to enumerate them.
But my favorite tack was just taken by sleazy, corrupt, outgoing Philadelphia Mayor John F. Street. While many formerly around him are in jail for various bribery scandals and other crimes, Street is sitting pretty. And he’s doing far better than those who pass GO in “Monopoly.” Instead of collecting $200, Street will collect more than $111,000 on the way out.

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Philly Mayor John F. Street: Money, Money, Money

So how does an outgoing Mayor–a public servant–get a $111,000 golden parachute? Well, Street opposed a payraise, as a campaign tactic, when he was running for re-election in 2003 and under fire from scandals. He said that even if the Philly City Council overrode his objection–which it did–he would not take the pay increase.
Now, though, that Street is on the way out, he’s taking that pay increase that he had previously forgone. Street’s salary was $146,000 per year, and the pay raise he refused would have paid him $165,000 per year. Now, Street will “retroactively” collect the $19,000 per year difference in pay per year plus interest, for a total of over $111,000, under the city’s Deferred Retirement Option Plan (which he opposed as part of the pay raise he opposed–he said Philly couldn’t afford it). That’s in addition to the $115,700 Street will get annually as a retirement pension.
The next time a politician publicly announces he/she will forego a payraise, does he/she really mean it . . . or is that just BS for a “Deferred Retirement Option Plan”–to collect the money with interest on the way out?
Pretty sneaky . . . and sleazy.

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5 Responses

Sounds like he and that congressman from Louisiana with the cash in his freezer would make a darling duo. Of course he has the “OJ factor” going for him now.

TheOmegaMan on December 26, 2007 at 1:04 pm

Meanwhile this ass allowed the Boy Scouts to be kicked out of their headquarters because they weren’t pro-gay enough. What a principled position for this corrupt pig to take.

Pat on December 26, 2007 at 1:14 pm

There was a similar story from DC about how school superintendents in the DC area pad their salaries with deferred benefits and other perks not immediately visible. Also, if anyone is able to look at the travel allowances of some of these politicians they’d probably find a lot more ‘benefits’.

c f on December 26, 2007 at 1:32 pm

Back in the early ’80s he was a lawyer involved in the murder trial of this creature mumia. One of the witnesses gave her testimony and his response was, ‘well why didn’t you just walk away’. She was testifying against mumbo jumbo. It’s better explained in Maureen Faulkner’s, the wife of the murdered policeman’s wife, new book “Murdered by Mumia”. You’ll be stunned when reading about this wretched soon to be former mayor’s giving the keys of the city to a pro mumia group in the middle 90s. He’ll be remembered for his famous statement, “the brothas and sistas are in charge now”. Maybe some of the 350,000 that left the city to flee over the city line will begin to return. This is the city where they shoot each other day. Not to scare anyone away from Philadelphia, the shootings are pretty much confined to where the shooters live.

John Cunningham on December 26, 2007 at 4:43 pm

Street is a crook with a capital T, Philly is in shambles. It amazes me that he was voted in a second term (much like Spendell) when he accomplished nothing. Pay to play is rampant in Philly, why do you think so many conventions won’t go there anymore. He should be in jail and so should his brother.

hunkpapa on December 27, 2007 at 9:47 pm

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