Psychic Income
Old time faculty who remember UC during Jerry Brown’s earlier terms as governor will get nervous when he talks about “psychic income.” Jerry Brown on pay cut: ‘I derive a lot of psychic income’ Don’t expect Gov. Jerry Brown to lose much sleep over the Citizen Compensation Commission’s decision to slash his salary by $8,699. “I’d run for governor whether it was a paid job or not,” he said today. “I derive a lot of psychic income.” The seven-member panel, which sets pay levels for legislators and constitutional officers, voted 5-1 today to reduce pay for the elected officials by…