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When city retirement pays better than the job (Welcome to California)

Wednesday, January 4, 2017 8:42
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(Before It's News)

taxation-cc
And pensions.

Sorry but the private sector pays for the public sector. The government exists to serve the citizenry not the other way around. Government should be small and it should be inexpensive.

However, the cronies who make their living off of the taxpayers would prefer to see ever more government. In an expansive apparatus lay many opportunities to legally steal from everyday people. This is what government does. It must be trimmed constantly or else it will overwhelm communities and economies.

Government to a large degree is like kudzu. A pest that comes back every year and leaches the nutrients out of the economic soil.

(From The LA Times)

The retired city manager of El Monte collects more than $216,000 a year, plus cost-of-living increases and fully paid health insurance.

“It’s giving me an opportunity to do a number of things I didn’t get to do when I was younger, like travel to Europe, take some things off my bucket list,” Mussenden, 66, said recently. He even flew to Scotland to play the famed Old Course at St. Andrews, a mecca for golf enthusiasts.

Mussenden recognizes that few Americans have pensions anymore — least of all the El Monte taxpayers who are funding his retirement. So while he enjoys his monthly retirement check, he’s discreet about it.

“The guys I play golf with, they get very angry about my pension because they don’t have anything like it,” he said.

Actually, Mussenden has two pensions. He’s part of a coterie of former El Monte civil servants who receive one taxpayer-funded pension through the California Public Employees’ Retirement System (CalPERS) — and a second through a “supplemental” plan approved by the city council in 2000.

Click here for the article.

http://www.againstcronycapitalism.org/



Source: http://www.againstcronycapitalism.org/2017/01/when-city-retirement-pays-better-than-the-job-welcome-to-california/

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