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Posted: 8:58 a.m. Tuesday, June 21, 2011
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By Neal Boortz
We have two different government pension stories to highlight here. So let’s start in San Francisco, where the average city government retiree earns an annual pension of $46,272. If you worked 30 years in city government, that figure looks more like $76,981. Those retiring from the Police Department are looking at $95,016, while the Police Chief gets a $264,000 annual pension. Fire Department retirees: $108,552. Private sector employees? $41,136. Gotta love government. Is it any wonder high-achieving taxpayers and business owners are fleeing California (usually for Texas) for happier economic climes?
Then we have the teachers unions in Florida. The Florida Education Association is suing Governor Rick Scott over a new law that … wait for it … requires state employees to begin contributing to their own retirement plans. Can you imagine the horror? Contributing to your own retirement account .. that’s outrageous! The law requires that state employees begin investing 3% into their retirement funds, which teachers unions are saying is a breach of contract. Florida Education Association president Andy Ford says, "It is essentially an income tax levied only on workers belonging to the Florida Retirement System. It's unfair — and it breaks promises made to these employees when they chose to work to improve our state.”
Now .. get this .. Florida teacher unions spokesmen are saying that this 3% payment to their pension plans is actually an income tax.
Never underestimate the damage that teachers unions can do to your state or our nation.
Neal Boortz chronicles his 42 years of talk radio in his book "Maybe I Should Just Shut Up and Go Away" Available on line and printed from Barnes and Noble and Amazon.
Connect with Neal Boortz on:Twitter
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