Richard Cohen makes some obvious observations regarding why we need to look at the pensions of the public Unions and the abuse of these programs....
In New York City, the No. 2 guy in the Fire Department retired on a pension worth $242,000 a year. In New York State, a single official holding two jobs and one pension took in $641,000. A lieutenant with the Port Authority police retired with an annual pension of $196,767, and 738 of the city's teachers, principals and such have pensions worth more than $100,000 a year.
In some cases, retirement came a mere 20 or so years after first reporting to HR and, if you were lucky enough to fake a disability — oh, my aching back! -- the sky is virtually the limit. Fully one-third of all New York City cops who retired during a recent 17-month period did so on disability.
They have dangerous jobs, we all know — but not nearly as dangerous as Long Island Rail Road workers. Almost all of them retired on disability. All aboard!
California state police often retire at age 50 with 90% of their salary. Corrections officers in that state earn $70,000 in base salary. New York City, the home office of featherbedding, supports 10,000 cops who retired before the age of 50.
It was one thing when unions went after giant corporations run by guys who played golf at restricted clubs. But when it comes to government workers, we are the boss and we pay the bill. To quote what Sam Spade told the woman he loved in the "Maltese Falcon, "I won't play the sap for you." When it comes to public-sector unions, my sentiments exactly.
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