Richard Rider

Richard Rider
Location
San Diego, California, USA
Birthday
August 24
Title
Chairman
Company
San Diego Tax Fighters
Bio
Biography of Richard Rider (Updated July, 2011) San Diego, CA 92131 E-mail: RRider@san.rr.com * AGE: 66 * EDUCATION: B.A. Economics, University of North Carolina, 1968 * MILITARY SERVICE: Commander, Supply Corps, U. S. Naval Reserve, retired after 26 years (four years active, the rest in the reserve). ** OCCUPATION: Retired stockbroker and financial planner. Lifetime member of the International Association of Financial Planners. Former business owner. * AFFILIATION: • Chairman, San Diego Tax Fighters • National Taxpayers Union • Howard Jarvis Taxpayers Association • San Diego County Taxpayers Association * POLITICAL ACTIVITIES: • Successfully sued the county of San Diego (Rider vs. County of San Diego) to force a rollback of an illegal 1/2-cent jails sales tax, a precedent that saved California taxpayers over fourteen billion dollars, including $3.5 billion for San Diego taxpayers. • Actively supported a variety of tax-cutting ballot initiatives including Proposition 13. Has written ballot arguments against numerous county and state tax increase initiatives. • County co-chair of both California term limit initiatives (Prop 140 and Prop 164). • Libertarian Party candidate for governor in 1994. • Candidate for the 3rd District County Supervisor in 1992 (third place among six candidates with about 20% of the vote). • 1993 – appointed to (and then elected chair of) the San Diego County Social Services Advisory Board. • 1996 – appointed as a Commissioner on the California Constitution Revision Commission by state Assembly Speaker Kurt Pringle. • Has been involved in legal actions against City of San Diego to force a public vote on issuing bonds for Qualcomm stadium expansion, convention center, baseball ballpark and other projects. • 2005 – Unsuccessful candidate for Mayor of San Diego, though his reform ideas have since taken hold. • 2007 – Columnist for NORTH COUNTY TIMES and SAN DIEGO DAILY TRANSCRIPT • 2009 - The Howard Jarvis Taxpayers Association's "California Tax Fighter of the Year" * FAMILY: Married. Wife, Diane, is a retired public high school teacher. Two sons, ages 32 and 27.

MY RECENT POSTS

MY RECENT COMMENTS

Richard Rider's Links

Rider's Reads
JANUARY 18, 2012 11:19AM

Federal govt pay & benefits much higher than necessary

Rate: 0 Flag

Daily Policy Digest

Tax and Spending Issues

January 18, 2012

Government Pay Is Inflated

In a new report, James Sherk, a senior policy analyst in labor economics at the Heritage Foundation, explores federal compensation by comparing it to market rates, and considering its policy concerns and economic effects.

How Does Federal Compensation Compare to Market Rates?

  • The average federal employee earns 57 percent greater cash pay and 85 percent greater total compensation (which includes benefits) than the average private-sector worker.
  • Controlling for observable skills and characteristics, the federal pay system gives the average federal employee hourly cash earnings 22 percent above the average private worker's.  Including benefits raises the average compensation disparity to between 30 and 40 percent.
  • Despite these average pay differences, many federal employees are not overpaid.  The General Schedule does not connect pay with performance.  Many of the hardest-working and most highly skilled federal employees receive at- or below-market compensation.
  • Federal employees demonstrate with their actions that they receive better compensation in the public sector than in the private sector: They quit their jobs at one-third the rate of private employees.

Policy Concerns

  • Many federal employees retire in their late 50s, collect their pension and retiree health benefits, and then take a second job in the private sector, leaving taxpayers to subsidize this double-dipping.
  • It would be better to scrap the General Schedule, under which workers automatically receive step and grade increases in pay, and move to a performance pay system with federal pay tied to market rates and market signals of labor demand.

Economic Effects

  • Reducing federal pay to market rates would save taxpayers approximately $47 billion per year.
  • This reduces the deficit without reducing public services.
  • This also frees up more resources for private businesses to save and invest, expanding the economy and creating more jobs.

Source: James Sherk, "Federal Compensation: Why Government Pay Is Inflated," Heritage Foundation, January 12, 2012.

For text:

http://www.heritage.org/research/reports/2012/01/federal-compensation-why-government-pay-is-inflated

For more on Tax and Spending Issues:

http://www.ncpa.org/sub/dpd/index.php?Article_Category=25

Author tags:

pensions, public employee

Your tags:

TIP:

Enter the amount, and click "Tip" to submit!
Recipient's email address:
Personal message (optional):

Your email address:
Cancel

Comments

Type your comment below:
Cancel
Comments are now closed.

Richard Rider's Favorites

  1. No relations made yet.