Don’t expect Gov. Jerry Brown to lose much sleep over the Citizens 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 5 percent. It will take effect in December.

Democratic governor, who currently makes $173,987, said he didn’t think it was his place to weigh in on the commission’s action.

“They’re independent and people

Article source: http://blogs.sacbee.com/capitolalertlatest/2012/05/jerry-brown-on-pay-cut-i-derive-a-lot-of-psychic-income.html