Posts Tagged ‘pensions’

Are People OVERPAID?

February 16, 2015

This one comes from the great state of New York.  This makes me so frustrated that I am not going to write much about it.

Here is a link to the article:

Nearly  5,000 teachers cashing in on six-figure pensions” – New York Post

And here are some relevant quotes from the article:

More than 4,100 retired educators received six-figure pensions in 2013.” (That means AT LEAST $100,000.  The article states that there are 4,800 people eligible for these pensions, as of 2014.)

That includes pension king, Edgar McManus, 90, a retired Queens College history professor who took in $561,286 last year, and Madeleine Brennan, 88, who raked in $417,466 last year.”

More than a dozen OTHER RETIREES receive more than $200,000 per year.”

As a point of reference the Mayor of New York City, Bill de Blasio, you know, the guy responsible for ALL the government of the city, is paid $225,000.

Do you think these school teachers should be “earning” more than the mayor…..IN RETIREMENT??

Should they receive more than $100,000?