Skip to comments.Former county manager-turned-author takes on public employee pensions in new book
Posted on 04/30/2012 8:41:27 AM PDT by redreno
Whenever we write about the compensation of county firefighters (the current average is about $175,000), someone chimes in that its unfair to add pension contributions to the total. Adding money that firefighters wont see until they retire is misleading, they contend, making it look like they take home much more than they actually do.
The truth is, according to a new book by former Clark County Manager Thom Reilly, too little focus has been put on the hidden costs of pensions. So little, Reilly says, that pension expenses soon may bankrupt many governmental bodies across the country if something isnt done.
(Excerpt) Read more at lasvegassun.com ...
I’d have to see it itemized, but $175,000 per year, per firefighter, seems very high. Of course, when the “iron triangle” is involved, what do you expect?
This might have the info you are seeking. Good luck.
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