$100K Pensions Being Drawn by Almost 9000 Former CA Government Employees

The article is about the California Public Employees Retirement System. Apparently there are close to 9000 members of the system that are drawing pensions of six figures or more. These individuals who draw such large pensions are supposedly former members of local government. These people draw close to eight percent of the annual payout of the system. Many people who live in this area believe that these people are a problem and are milking this as well as other systems and that they must be stopped.

Read the original article here:

$100K pension club keeps on growing – Modesto Bee