{"id":176,"date":"2007-05-19T00:10:31","date_gmt":"2007-05-19T08:10:31","guid":{"rendered":"http:\/\/www.onecle.com\/blog\/2007\/05\/19\/j-michael-luttig-supplemental-pension-agreement\/"},"modified":"2007-05-19T00:10:31","modified_gmt":"2007-05-19T08:10:31","slug":"j-michael-luttig-supplemental-pension-agreement","status":"publish","type":"post","link":"https:\/\/www.onecle.com\/blog\/2007\/05\/19\/j-michael-luttig-supplemental-pension-agreement\/","title":{"rendered":"J. Michael Luttig Supplemental Pension Agreement"},"content":{"rendered":"<blockquote><p><strong>Washington Post<\/strong>: <a href=\"http:\/\/www.washingtonpost.com\/wp-dyn\/content\/article\/2006\/05\/10\/AR2006051000929.html\">Appeals Court Judge Leaves Life Appointment for Boeing<\/a>. J. Michael Luttig, the federal appeals court judge who was on President Bush&#8217;s short list for the Supreme Court but recently clashed with the administration over a terrorism case, resigned from the bench yesterday to become senior vice president and general counsel at the Boeing Co.<\/p><\/blockquote>\n<p>Been scouring Boeing&#8217;s securities filings since&mdash;what&#8217;s the date of that WaPo article?&mdash;May 11, 2006.  Almost a year ago!  Finally found a J. Michael Luttig contract.  Not an employment agreement, but better than nothing.  The big deal is that Boeing will be paying Luttig $225,000 annually for life once he hits age 65.  He&#8217;ll be turning 53 in a month, so the payments will start rolling in 12 years from now.  Certainly, $225,000 is more than the Chief Justice of the U.S. Supreme Court is pulling in salary. But, we&#8217;re talking about 12 years from now.  Once inflation takes its toll, that sum may not appear as enticing as it does now.  If I&#8217;m doing my math right, in 12 years with 2.5% inflation, that $225,000 will buy as much as $166,736 in today&#8217;s dollars.  Not bad for retirement money, but that&#8217;s <a href=\"http:\/\/www.bmacewen.com\/blog\/archives\/2007\/03\/what_does_the_great_assoc.html\">first-year associate money<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Washington Post: Appeals Court Judge Leaves Life Appointment for Boeing. J. Michael Luttig, the federal appeals court judge who was on President Bush&#8217;s short list for the Supreme Court but recently clashed with the administration over a terrorism case, resigned from the bench yesterday to become senior vice president and general counsel at the Boeing [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8],"tags":[],"class_list":["post-176","post","type-post","status-publish","format-standard","hentry","category-employment-agreement"],"jetpack_featured_media_url":"","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.onecle.com\/blog\/wp-json\/wp\/v2\/posts\/176","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.onecle.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.onecle.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.onecle.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.onecle.com\/blog\/wp-json\/wp\/v2\/comments?post=176"}],"version-history":[{"count":0,"href":"https:\/\/www.onecle.com\/blog\/wp-json\/wp\/v2\/posts\/176\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.onecle.com\/blog\/wp-json\/wp\/v2\/media?parent=176"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.onecle.com\/blog\/wp-json\/wp\/v2\/categories?post=176"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.onecle.com\/blog\/wp-json\/wp\/v2\/tags?post=176"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}