Top Ten Most Outrageous Government Pensions

David Spady lists California's Top Ten Most Outrageous Government Pensions and explains why California needs real reforms to prevent a pension crisis.

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[TheCalifBeachBum]

CA public employee unions spend at least $250 million /yr. to influence the elections & legislation of our state and local politicians.

I encourage anyone who thinks it will be easy to rescue California from the grip of public sector unions to go out and raise campaign donations from people and organizations who don’t have to give you a dime if they don’t want to. Then compare this to the $20 million /mo. that flows into the coffers of CA’s public unions through automatic withholding of dues.

[acenace24]

So wait, Cali is bankrupt and yet we should model the rest of the country like it? Yeah right!, fuck off Democrats

[yokohlman]

Promises should be broken; stop the Union pensions.

[twr072]

You forgot to mention that the Moraga Fire District hired Nowicki back as a "consultant" at $176,000 per year... on top of his pension.

[MuslimPigFuckers]

Why isnt this being bumped?? Shows how stupid Americans are...they care more about Beiber and other idiots as opposed to getting hosed by our politicians and government.

What a joke. This should be investigated by journalists and the FBI....journalism is dead.

[armandx10]

This is pretty simple to solve. Just tax government salaries and pensions at a rate that covers the cost of these inflated pension plans. So what if a government worker makes 150K and sees 80% taken away in taxes.

[mrmarketcap]

Time to raise taxes again to pay for all of this...

[mrmarketcap]

Dear Government Employee: The Tea Party isn't attacking the Middle Class, it's called WELCOME to the Middle Class!!!

[ASLforever100]

That is not fair. Our taxpayer to people who retire earley and earn more money than people ane me. Unbelievable. How you get information from? That is why. California is broken all the time.

[tubuyutu]

@mrscotty1111 - Check your facts instead!

The state long has allowed government retirees to go back to work for their old employer while collecting a pension, so long as they don't work more than 960 hours a year – about six months.

But in the downturn, these retirees are among the workers axed by government agencies to trim costs. And when the retirees are let go? Under federal and state labor laws, they have virtually the same rights to unemployment benefits as anyone else who loses a job.