|Stockton Police Chief’s $204,000 Pension Contributes to Bankrupt City’s Woes|
|Tuesday, 14 August 2012 12:41|
Stockton, like lots of cities, has policies that bring temptation to city employees to make use of the system, at the expense of the naïve and exploited taxpayers.
“Stockton, California, Police Chief Tom Morris was supposed to bring stability to law enforcement when he was appointed to the job four years ago.
He lasted eight months and left the now-bankrupt city at age 52 with an annual pension that pays more than $204,000 — the third of four chiefs who stayed in the position for less than three years and retired with an average of 92 percent of their final salaries.
Pensions are the key to the bankruptcies—this is part of the reason the State is insolvent.
Oh, the former Chief of Police of Bell—who took $400,000 a year in that position—Randy Adams, is suing for even more money! Government workers know how to milk the system—and the system is out of milk.