Friday, January 21, 2011

Bonus Payments to City Retirees Are Drawing Ire

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."

Not really a Muskegon issue but our county does give Christmas bonuses to most employees.

Do we really need bonuses when we're broke?

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