Government employees across America get outrageously generous pensions paid for by taxpayers. Here’s one of them.
Who’s pigging out: Donald Mette.
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Ingredients for the pigout: Mette is a former Sacramento Metropolitan Fire District chief.
How big is this pigout? $240,999 every year.
Average annual private sector retirement income: $31,757.
Who pays for this pension pigout?: The taxpayers of California.
How can this happen?: Public employee pensions in California are so generous the state now has a $535 billion unfunded future liability, equal to $36,000 for every household in the state. That’s more than the gross national product of either Sweden, Switzerland or Saudi Arabia. California is not unique; have you checked your state’s public employee pensions lately?
Compiled by Examiner intern Joel S. Gehrke Jr.
