Calif. Taxpayers on Hook for Six-Figure Government Pensions
This isn’t happening JUST in California.
(From The Washington Free Beacon)
Nearly 80,000 Californians collected six-figure taxpayer-funded pensions in 2018, as retirement costs leave half the state’s cities at “high risk” of serious financial distress, according to an analysis.
Transparent California, a free-market think tank, found that 6 percent of retired government workers collected more than $100,000 in 2018, an 85 percent jump since 2013.