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URL:  http://boards.fool.com/death-by-pension-30378789.aspx

Subject:  death by pension Date:  11/13/2012  1:30 PM
Author:  BeatleMartian Number:  15344 of 20555

http://www.cnbc.com/id/49802202

In bankrupt San Bernardino, a third of the city's 210,000 people live below the poverty line, making it the poorest city of its size in California. But a police lieutenant can retire in his 50s and take home $230,000 in one-time payouts on his last day, before settling in with a guaranteed $128,000-a-year pension. Forty-six retired city employees receive over $100,000 a year in pensions.
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