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Politics : Liberalism: Do You Agree We've Had Enough of It?

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To: Hope Praytochange who wrote (99058)1/29/2011 8:19:21 PM
From: FJB1 Recommendation  Read Replies (1) of 224737
 
There are a bunch of links to similar stories on that page.

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Public Sector Pigout: County worker gets a $178k pension
By: Mark Hemingway 01/10/11 8:05 PM

Government employees across America get outrageously generous pensions paid for by taxpayers. Here's one of them.

Who's pigging out: Harold Nabors

Ingredients for this pigout: Nabors worked for Madera County, Calif.

How big is this pigout? $178,251 per year

Average annual private sector retirement income: $31,757

Who pays for this pension pigout?: The taxpayers of California

How can this happen?: Public employee pensions in California are so generous the state now has a $535 billion unfunded future liability, equal to $36,000 for every household in the state. That's more than the gross national product of Sweden, Switzerland or Saudi Arabia. California is not unique; have you checked your state's public employee pensions lately?
washingtonexaminer.com
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