Roger Hedgecock gave an example on his San Diego radio talk show of a San Diego police Lt. who is retiring in his mid-50s and will be getting a $700,000 lump sum plus $150,000 per year for life. CA public pensions are completely out of control. It is grossly unfair that private workers are forced to contibute 12% of their pay to the SS ponzi scheme (San Diego public employees do not pay SS tax), facing likely SS benefit cuts and retirement age increases, while public employees are retiring early on a kings ransom.
Exactly. Its just unreasonably excessive. These people are supposed to work for the public interest not the other way around. Public employees need to be reminded they work for the taxpayers and the taxpayers don't work for them.