Thursday, July 22, 2010

California city manager's pension could top $30 million

Reuters reports:
A municipal manager in California who makes nearly $800,000 a year working for a small, poor city could draw pension payments exceeding $30 million in retirement, according to an activist who has been calling for an overhaul of the state's public pension system.
You'll soon be asked to bailout California to pay for this parasite.