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To: hedgetrimmer

Well I can see where you think that is “often.” I can give you some old examples and some current high numbers, but 100% is not often.


13 posted on 07/03/2007 9:51:10 PM PDT by herMANroberts
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To: herMANroberts
Well I can see where you think that is “often.” I can give you some old examples and some current high numbers, but 100% is not often.

Did you ever read the SacBee series of investigative reporting on the pension scams in the law enforcement arena? There was widespread abuse, but they didn't consider it abuse. It became a normal practice. Whether it be increasing overtime pay in the last years of service to beef up the base for computing pension, or moving the individual to a high-paying post for his last years, it was quite eye-opening. Many of these actions resulted in individuals receiving close to 100% of their base pay as pension income.

Here is one link, but there are many, many more articles in the sidebar.

76 posted on 07/04/2007 10:58:06 AM PDT by calcowgirl ("Liberalism is just Communism sold by the drink." P. J. O'Rourke)
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To: herMANroberts

in the scheme of things, what differance is whether its 60% or 100%.....its all obscence in its gluttony...


83 posted on 07/04/2007 11:06:22 AM PDT by cherry
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