-By Warner Todd Huston
There really is no excuse for any public servant to retire with a pension worth $1.3 million dollars of the people’s tax money. None. But that is precisely what happens in the City of Chicago according to Chicago’s Civic Committee.
Crain’s Greg Hinz reports that the Civic Commission sent an email blast out to its members late last week reporting that the typical Chicago Fireman who retires after 20 years of service will make $1.3 million in pension benefits. Cops make a bit less at $1.2 million.
These public servants can also retire at age 50, almost two decades earlier than the rest of us. This means that these retired city officers can potentially live one third of their lives or more on the public dime. After 20 measly years’ service.
Now, I certainly realize that cops have a high stress job. I also realize that both policemen and firemen can be called upon to put their personal safety, even their lives, on the line (though by no means do all of them do so). But these pensions are an impossible corruption of our system. No one deserves such luxury on the backs of the poor taxpayer.
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Chicago Cops/Firemen Retire as Millionaires”
This is a story that warms the anti-union cockles of my free-market heart. At the recent meeting of the Republican Governors Association in San Diego those governors gathered made a point to discuss angles of attack to
I’ll avoid any “the only good politician is a…” jokes here, but one thing is certain, newly elected State Representative Tom Morrison (R, 54th District) has taken the first step on the road to being a good politician. Or at least a good steward of the people’s tax dollars.
Officials of Northumberland County, Pennsylvania may be about to
Forbes created an
In a recent story detailing the efforts of 3,000 postal employee union members marching against USPS management in Detroit, one quote by a union member stuck me as wholly emblematic of the arrogance of government employee union members and it shows the disconnect between the real world and the cushy world of government workers.
The Obama administration and the Democrat Party has yet again instituted new rules to allow unions to get out of having to report their financial doings to the federal government by again rolling back reporting requirements.
Reason Magazine explores the appalling situation in California where teachers unions were able to strongarm the legislature to deny teacher training for the use of Diastat, an anti-seizure drug meant to keep kids afflicted with epileptic conditions from dying in school.
It’s settled. People that play the lottery should lay down their scratchoff coins and take up an employment application to work for the government. After all, winning the lottery is a one-in-a-million proposition but if you get a job with the government your hitting the lottery seems to be a sure thing.
As of right now I’ll be live on FoxNews Business Channel’s “
Illinois is broke. 