Tag Archives: city pensions

How Sweet It Is — Most Retired City Workers Get 3% More Despite Negative Inflation

Posted on May 14, 2010 by

The bill to taxpayers for city pensions is close to $1 billion this and is expected to go far higher in coming years which is the No.1 reason services are being slashed, assets sold and bankruptcy looms as the only … Continue reading →

Posted in City Hall, Hot Topics, Los Angeles | Tagged , , , , , , | 15 Comments

City Pensions Since ERIP: The Facts, The Figures, The List

Posted on February 6, 2010 by

In the first six months after City Hall offered the Early Retirement Incentive Pprgram, 625 workers have actually retired with pensions averaging more than $1,000 a week with 32 of them getting pensions in excess of $100,000 a year, according … Continue reading →

Posted in City Hall, Hot Topics, Los Angeles | Tagged , , , , , | 18 Comments