California - Nearly 5,000 retired California gov't workers receive annual pensions over $100,000

Thursday, February 09, 2012




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3.	The "End of America" is beginning in California




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2.	Porter Stansberry: These facts show the "End of America" is coming

3.	New report reveals Federal Reserve president owns millions in gold and platinum

4.	Military insider: The Pentagon is lying about Afghanistan

5.	This morning's "fantastic" jobs report is hiding some shocking news

Nearly 5,000 retired California gov't workers receive annual pensions over $100,000

Monday, May 04, 2009
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From Marcia Fritz in The FlashReport:

We have a lot to worry about these days. We're worried that we may lose our jobs, that we may lose our healthcare insurance and that we won't have sufficient retirement savings. We realize that without jobs we can't make our mortgage payments; we know that our homes have dropped in value resulting in little or no equity, so we can't afford to stay in or sell our homes.

In California there is one lucky group that doesn't have those worries: state and local government retirees.

As of May 2008, there were 4,820 CalPERS retirees receiving annual pensions in excess of $100,000. That didn't include government retirees...

Read full article...

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Topics:		California \| Boondoggle

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