Pension Spiking, Cops, Teachers, Janitors; All Rich as Hell

By | February 26, 2011

Last year, a Buffalo city cop retired with a pension of $105,000 per year after making $189,000 in his final year on the job. If he lives another 20 years he’ll cost the taxpayers $2.1 million for not working. The union contract allowed employees with the most seniority to get first dibs on overtime; it also allowed them to calculate their pensions on the overtime-inflated salaries. NOT ON THEIR AVERAGE SALARIES!

Also last year the New York Post reported that some unionized janitors in New York City public schools earned over $140,000, including one who made $181,000.

via American Thinker: Why I Changed My Mind About Unions.