NEWS: Calif. Taxpayers on Hook for Six-Figure Government Pensions
$40 Billion of taxpayer money went to 80,000 pensions for retired public sector workers in 2018. 20% of that money was for six-figure checks, far over California’s median income. 47% of cities are high at risk of bankruptcy. Many state politicians want to raise taxes again to fund these inflated pension costs instead of trying pension reform.
Click here to read the article in the Washington Free Beacon.