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Released: December 09, 2011
States expand lucrative pensions to more jobs
Source: Thomas Frank, USA Today
Special retirement benefits once reserved for police, firefighters and others with dangerous jobs are now being given to tens of thousands of state workers employed as park rangers, foresters, dispatchers, coroners, even highway laborers, museum guards and lifeguards.
The trend will add heavily to the $70 billion that state taxpayers owe state retirement funds each year and is costing states such as Florida and Maryland $15 million to $30 million annually, a USA TODAY analysis shows.
Read Full Article: States expand lucrative pensions to more jobs
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