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Former county manager-turned-author takes on public employee pensions in new book
Las Vegas Sun ^ | Sunday, April 29, 2012 | 2 a.m. | By Joe Schoenmann (contact)

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 it’s unfair to add pension contributions to the total. Adding money that firefighters won’t 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 isn’t done.

(Excerpt) Read more at ...

TOPICS: Business/Economy; Extended News; Philosophy; US: Nevada
KEYWORDS: fraud; govtabuse; nevada; pension; publicunions; tyranny; unions

1 posted on 04/30/2012 8:41:43 AM PDT by redreno
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To: redreno

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?

2 posted on 04/30/2012 9:01:34 AM PDT by Lou L (The Senate without a filibuster is just a 100-member version of the House.)
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To: Lou L
This might have the info you are seeking. Good luck.

3 posted on 04/30/2012 9:56:53 AM PDT by redreno (Americans don't go Gault. Americans go Postal.)
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