Municipal pensions a bonanza for employees, a burden for cities

The Miami Herald reports:

After more than two decades working in Miami Beach’s 911 call center, Pamela Kindle wanted her golden parachute.

Her $60,000-a-year job would provide a modest pension for retirement, but Kindle wanted more. So, she launched into a “marathon” of overtime, racking up an extra 50 hours of work a week during her final two years on the job.

When she retired in 2002, Kindle did so with a $150,000 taxpayer-supported pension. Yearly increases have pumped up her pension to more than $182,000.

“I earned my money,” said Kindle, 63, who says the city helped create her pension by perennially understaffing the call center. “I worked hard.”

Greedy, overpaid ,government workers looting the taxpayers for fun and for profit.