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Public employee spiking of retirements must be stopped
Original post made
by Shirley, Country Fair,
on Aug 25, 2009
A must read editorial today at www.ContraCostaTimes.com on stopping the practice of 'spiking ' to build up pensions from the $ 150K & 200K range into the $250K range. $100K retirements, plus benefits for low level jobs is bad enough as it is. Some great comments at the end of the article too. Some taxpayers haven't been paying attention and have allowed things to become very UNrealistic...without spiking ! The real world is the 'being competitive' they should be concerned with.