50 years of pension for 20 years of work

[admin]

This article relates to New Jersey. But it’s very much the same in California.

I think that there ought to be another tax revolt like Prop 13 in California. The only way to cut government is to starve the beast.

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A participant can collect a pension and health benefits for life on as little as 20 years of employment. His spouse can keep collecting after he dies. The state can be on the hook for a 50-year payout for a mere 20 years of work. No wonder our pension fund’s broke.

http://blog.nj.com/njv_paul_mulshine/2009/08/why_new_jerseys_going_south_fa.html

[briansd1]

Related article about the NJ family who bought luxury condo in Florida.

——-
Fla. highrise has 32 stories, but just 1 tenant

http://news.yahoo.com/s/ap/20090801/ap_on_re_us/us_lonely_highrise

[briansd1]

Related article about the NJ family who bought luxury condo in Florida.

——-
Fla. highrise has 32 stories, but just 1 tenant

http://news.yahoo.com/s/ap/20090801/ap_on_re_us/us_lonely_highrise

[briansd1]

Related article about the NJ family who bought luxury condo in Florida.

——-
Fla. highrise has 32 stories, but just 1 tenant

http://news.yahoo.com/s/ap/20090801/ap_on_re_us/us_lonely_highrise

[briansd1]

Related article about the NJ family who bought luxury condo in Florida.

——-
Fla. highrise has 32 stories, but just 1 tenant

http://news.yahoo.com/s/ap/20090801/ap_on_re_us/us_lonely_highrise

[briansd1]

Related article about the NJ family who bought luxury condo in Florida.

——-
Fla. highrise has 32 stories, but just 1 tenant

http://news.yahoo.com/s/ap/20090801/ap_on_re_us/us_lonely_highrise

[Zeitgeist]

And if for some reason the recipient is disabled, it is tax free. Sweet!

[Zeitgeist]

And if for some reason the recipient is disabled, it is tax free. Sweet!

[Zeitgeist]

And if for some reason the recipient is disabled, it is tax free. Sweet!

[Zeitgeist]

And if for some reason the recipient is disabled, it is tax free. Sweet!

[Zeitgeist]

And if for some reason the recipient is disabled, it is tax free. Sweet!

[briansd1]

That’s probably why some super high proportion of police and fire-fighters retire on disability.

[briansd1]

That’s probably why some super high proportion of police and fire-fighters retire on disability.

[briansd1]

That’s probably why some super high proportion of police and fire-fighters retire on disability.

[briansd1]

That’s probably why some super high proportion of police and fire-fighters retire on disability.

[Author]

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