Thursday, May 20, 2010

Padded Pensions Add to New York Fiscal Woes

The New York Times reports:
In Yonkers, more than 100 retired police officers and firefighters are collecting pensions greater than their pay when they were working. One of the youngest, Hugo Tassone, retired at 44 with a base pay of about $74,000 a year. His pension is now $101,333 a year.