San Francisco Retired Government Workers Who Collect Over 100K in Pensions

Overpaid Government Worker reports:

There was a time when the "$100,000 club" referred to San Francisco city workers making six figures. These days, it refers to the 480 retired city workers or their survivors who are knocking back $100,000 or more a year in pension money.

At the top of the heap is former Police Chief Earl Sanders who, after serving 40 years in the Police Department, gets an annual pension of $222,768.

Sanders' predecessor, former Chief Fred Lau, who retired after 31 years on the force, pulls down a $154,241 pension - even as he earns another six figures as head of security at Oakland International Airport.

Lau and Sanders are among 146 former city cops or their survivors in the $100,000 pension club. Both are also members of a more rarefied club - the 15 ex-cops pulling down pensions of $150,000 or more.

Just a reminder, the California government workers are hoping Obama will float more debt off the U.S. government's credit rating so they can continue a better lifestyle than you.