You need only reflect that one of the best ways to get yourself a reputation as a dangerous citizen these days is to go about repeating the very phrases which our founding fathers used in the struggle for independence. - Charles Austin Beard







Monday, April 13, 2009

'Spiking' of public pensions is costing taxpayers

PETER NOWICKI, the chief of the Moraga Orinda Fire District, knows how to play the retirement system. That's why he was able to convert a $185,000 annual salary into a $241,000 yearly pension. Nowicki's only 50 years old. Assuming he lives to 80, those moves alone will add $2.3 million in today's dollars to his pension.

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Posted by Bruce French at 11:05 PM

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