Current Events — HabitableZone

Current Events » in reply to Per an economist from the University of Missouri

The real hoot

Here is just one link Orange County Register

Last fall, when California Pension Reform wrested the database of state retirees earning more than $100,000 a year from the California Public Employees Retirement System, there were 6,133 people on the list.
And now – just shy of one year after the first database was released – an update shows that the new total of people in the $100,000-plus public pension club is 9,111 - a staggering 49 percent increase.
What, friends, do you think will happen to the club next year? And the year after that?
“The majority of new $100K Club members are public safety workers,” wrote Marcia Fritz, president of the California Foundation for Fiscal Responsibility (which is regularly updating the database), on her web page. “City budgets are being strained to keep more cops on the street — easy street.”
The updated list now includes 330 retired state prison guards, 300 retired CHP officers, 175 retired state firefighters, and 90 retired Department of Justice agents, she said.


Still think I am misinformed? I know these people.

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