Sunday, September 18, 2011
Retirement Pensions Bankrupting Cities
Scores of South Florida city employees, particularly police and firefighters, have recently retired in their mid to late 40s or early 50s with six-figure pensions, the result of generous pay and benefits packages that are now costing taxpayers tens of millions of dollars a year.
Read why most cities are going broke. Is our city manager doing all that she can in Lake Worth? That will be answered in the near future.