Steven Greenhut Discusses California Government Pensions - “The public is getting angry because we see the disparity…… they are also seeing depleted public services having to be cut back….. These are essentially millionaires’ pensions for public employees because those in the private sector would need to have millions of dollars in the bank to have an equivilant pension.” Steven Greenhut
Click HERE for the contribution rates public employees put into the NH pension system.
Top 20 Portsmouth pensioners HERE
The simple solution is to move the pensions to a 401K style like the private sector. These are highly unsustainable pension payouts.