Friday, January 21, 2011

Bonus Payments to City Retirees Are Drawing Ire - NYTimes.com

"Bonus Payments to City Retirees Are Drawing Ire - NYTimes.com: "As San Francisco struggles under ballooning pension and health care costs, the city’s retirees will receive unexpected cost-of-living bonuses totaling $170 million. The city’s anticipated budget deficit for the coming year is $360 million."

Why? Seems reasonable. The ruling class is, you know... the ruling class.

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