Archive for September 11th, 2013

Public Pension Piper Calls Costly Tune for Taxpayers


Wednesday September 11th, 2013   •   Posted by K. Lloyd Billingsley at 10:08am PST   •   0 Comments

Government profligacy often escapes notice because of its “slow-motion impact,” as a recent Sacramento Bee report on pension payouts confirms. Between 1999 and 2012 average monthly payouts for government retirees doubled and initial payments for one group nearly tripled. For state police and firefighters the average rose from $1,770 to $4,978. California Highway Patrol...
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