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.