"After nearly 40 years in public education, Patrick Godwin spends his retirement days running a horse farm east of Sacramento, Calif., with his daughter.
His departure from the workaday world is likely to be long and relatively free of financial concerns, after he retired last July at age 59 with a pension paying $174,308 a year for the rest of his life.
Such guaranteed pensions for relatively youthful government retirees — paid in similar fashion to millions nationwide — are contributing to nationwide friction with the public sector workers. They have access to attractive defined-benefit pensions and retiree health care coverage that most private sector workers no longer do."
And the Democrats answer is raisng taxes. The Democrats are owned by the Public Sector Unions.
Public retirement ages come under greater scrutiny - Yahoo! News
Can't get on this train, friend.
No...I attribute neither blame nor greed to our lucky retired public service employee....
....the greed is squarely placed at the feet of the elected officials who were happy to sign away taxpayer money in perpetuity for the votes of the union in question.
What some call greed is a fact of human nature...would you have public employees refuse largesse? Really?
Why don't I see the names of the governors, legislators who signed onto this fief from the public fisc???