Exact(3)
New York City's outsized pension bill comes to $7,115 per city resident--that's what happens when a pension system has 700,000 total members.
Despite the announcement, Malkenhorst continued to receive his outsized pension, which now stands at $551,688 a year, including cost-of-living increases.
De Leon is pressing CalPERS to cut Malkenhorst's retirement paychecks back to zero, and use the payments he would have received to cover the millions of dollars in potential overpayments from his outsized pension.
Similar(57)
Measured that way, the state struggling with the most outsize pension burden is Illinois.
Outsize pension costs and balanced budget requirements are squeezing many states as tax revenue has come up short.
"Prichard is the future," said Michael Aguirre, the former San Diego city attorney, who has called for San Diego to declare bankruptcy and restructure its own outsize pension obligations.
The bloated public sector was addicted to outsize salaries and pensions, patronage was rampant, and tax evasion seemed to outpace soccer as the national sport.
By the time Antonis Samaras became Prime Minister in the summer of 2012, Greece was still living up to its reputation as "the last Soviet economy". The bloated public sector was addicted to outsize salaries and pensions, patronage was rampant, and tax evasion seemed to outpace soccer as the national sport.
Everything about the development is outsized.
His accomplishments at the coalition were outsized.
By any standard, the gains were outsized.
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