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Liberals and Democrats (sorry about being redundant) hate facts.
""Q. The average public employee pension is less than $30,000 a year. So aren't critics only scapegoating public employees because of the current tough times?
"These averages are misleading given that they include all the many people who have worked in the public employee system over the years, many of whom worked for short periods of time. The massive pension increases have taken place over the last decade, so that amount is higher for newer employees. The average new CHP employee has a pension of almost $90,000 a year. Even the lowest number is far higher than the average pension for private-sector workers. And the number of $100,000 Pension Club members in California is at 15,000 and growing by 40 percent a year. The formulas are the formulas. If a person starts work in an agency that offers 2.7 percent at 55, that person will retire with 81 percent of their final years pay after 30 years, period."
Thought you should know the truth.
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""Q. The average public employee pension is less than $30,000 a year. So aren't critics only scapegoating public employees because of the current tough times?
"These averages are misleading given that they include all the many people who have worked in the public employee system over the years, many of whom worked for short periods of time. The massive pension increases have taken place over the last decade, so that amount is higher for newer employees. The average new CHP employee has a pension of almost $90,000 a year. Even the lowest number is far higher than the average pension for private-sector workers. And the number of $100,000 Pension Club members in California is at 15,000 and growing by 40 percent a year. The formulas are the formulas. If a person starts work in an agency that offers 2.7 percent at 55, that person will retire with 81 percent of their final years pay after 30 years, period."
Thought you should know the truth.
More...