Tag Archives: PENSIONS

GARBAGE IN DOES NOT YIELD GARBAGE OUT

Retired NYC sanitation worker makes $285K a year from pension

A former Sanitation Department honcho is pulling in an astonishing $285,047-a-year pension — more than twice what he was making on the job, according to newly released data.

And that’s just one of dozens of huge pension payouts revealed in records published Tuesday by the Empire Center for Public Policy— data that lay bare the city’s insanely generous pension system, the government watchdog said.

“Pensions like these are unheard of in the private sector — and deserve the close scrutiny of taxpayers,” said Tim Hoefer, executive director of the Empire Center.

“The long list of six-figure pensioners in the New York City Employees’ Retirement System shows just how great a burden the city has placed on its finances,” Hoefer added.

THE REVOLUTION WILL COME – COUNT ON IT