March 10, 2011

PARDON US, WHILE WE EAT YOUR TAXES:

Public-sector unions claim outsized share of U.S. pension assets (Patrice Hill, 3/10/11, The Washington Times)

More than a third of the nation’s $9.3 trillion in pension assets belong to state and local government employees, even though they make up only 15 percent of the U.S. work force, a study shows.

Research by the Spectrum investment group found that public-sector employees, primarily through powerful unions, have accumulated by far the most generous retirement programs in the country.

Posted by Orrin Judd at March 10, 2011 10:02 PM
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