Friday, May 21, 2010

Payback Time - Padded Pensions Add to New York’s Fiscal Woes

Payback Time - Padded Pensions Add to New York’s Fiscal Woes - NYTimes.com

"In Yonkers, more than 100 retired police officers and firefighters are collecting pensions greater than their pay when they were working.

One of the youngest, Hugo Tassone, retired at 44 with a base pay of about $74,000 a year.

His pension is now $101,333 a year."

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