This is not surprising in the least. I regularly run into guys who are living out their days on the beach in Mexico surfing every day, with plenty of cash, and when I ask them what they do. “Oh, I am a retired firefighter from California.”
Free medical insurance for life and at generous retirement pay. But California is not alone. Every state has allowed their fire and police unions to extract unsustainable retirement benefit packages. This will be the next financial crisis.
Cash them out into 401k’s like the rest of us.
The so-called public servants and their unions have been economically gang raping the tax payers for years..To the point where the public servants become the over paid masters.
Public safety officers in Commiefornia can retire after 30 years service at 90% of their former salary, with hefty cost of living annual increases and paid healthcare. Add in the Social Security payout and many are retired with a six figure income, with no pesky Obamacare to cut into that golden parachute.