Politics
Politics
Out of context: Reply #17746
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- whhipped0
This is not corporate greed.
Blaming past councils, Deis pointed to a health-care plan that pays the entire cost of care for every city employee and spouse for life, after only one month on the job. “In my 32 years of managing finances for various local governments, I have never heard of a situation like this,” he added.
As Bloomberg News reported, the city “granted employees some of the state’s most generous benefits, and now has 94 retirees with pensions of at least $100,000 a year -- more than twice as many as some comparably sized California cities.”
Statewide there are more than 15,000 California government retirees who are members of the $100,000 pension club.