I’ve got a dumb question about this chart. Does this mean that, for example, Sherri Lightner could serve on the City Council for, say, 5 years and leave with a pension of $21K annually? So, she could pick up a “lifetime benefit” worth over $500K (or $100K per year of service) for serving on the City Council for a handful of years? Am I reading that correctly?[/quote]
Yup… though I believe the magic number is 8 years of service…for a lifetime pension of the listed amount. Todd Gloria (30ish has it made)….
Again, not sure I understand how “stressful/dangerous” this job could be….
Like i said, when/if I sell my company and semi- retire, I think I’m going to run for city council….