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Jumat, 04 Maret 2011

Huge public sector pensions

These aren't severance bonuses; these are annual pension payments.  Grist for the mill in the current debate re union salaries and benefits, from SF Weekly.  The discussion at the link focuses on Police Chief Heather Fong:
According to the San Francisco Employee Retirement System (SFERS), Fong actually earns two city pensions: One of $566 per month for her (brief) time as a miscellaneous-class employee and a second of $22,572 per month for her 30-plus years as a safety worker. Doing the simple math that's $23,138 per month or $277,656 per year.

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