Monday, May 23, 2005

L.A.Pensions

Who says you have to work in the private sector to make big money? Where can you get a pension that was greater than you salary?
California State Teachers' Retirement System officials said 1,335 of their more than 188,000 retirees receive pensions higher than what they were earning when they retired. The highest-paid retiree earned $200,755 a year, up from a final salary of $191,667.
Not bad for people who don't pay Social Security taxes.L.A.Daily News