Wow, i knew pension plans were a problem, but I didn’t realize they were this generous.
http://b2.caspio.com/dp.asp?AppKey=92721000f5a6h1f9a6j5j3d3f5d5
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You can view the same data for many CA cities and counties, as well as CA state universities here:
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More on CA pensions:
California State Workers - Retire Early - Collect $100,000 to almost $ 500,000 - FOR LIFE ! (FR thread)
A new Website - shows the names of nearly 5,000 retired state workers who are collecting at least $100,000 a year.
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My guess Michigan isn’t far behind, but I have no data to prove it...
The End of Prosperity: How Higher Taxes Will Doom the Economy--If We Let It Happen
The chapter's entitled: Bankruptcy 90210: As Goes California, So Goes the Nation.
Scary preview of coming attractions...