Tuesday, April 07, 2009

Public-employee pension are unsustainable

Public-employee pension are unsustainable
"IF YOU WANT an example of public employee pensions mushrooming out of control, consider the case of Berkeley City Manager Phil Kamlarz.
His story shows how a state plan a decade ago to boost retirement packages for firefighters and police officers actually affected most government jobs across California, not just public safety workers. In Kamlarz' case, he is now set up to earn more each year in retirement than the governor of California is entitled to annually while on the job."

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