Reform advocates are spotlighting those with extravagant pensions
— $100,000 or more — as a way to get the public’s attention and
emphasize that the current system is unsustainable.
http://www.modbee.com/editorials/story/803636.html
Perhaps the real reason why public-sector pension costs have not been tackled is that the full bill has never been revealed to taxpayers.
http://www.economist.com/opinion/displaystory.cfm?story_id=13988606
http://www.pensiontsunami.com/public.php
I read that California has over 19,000 retired state workers who are receiving pensions between $75,000 and $100,000/yr.
Washington State public employees average about $20,000. I’d like to know how much our teachers get per year in pension funds.