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November 10, 2011

Pensioners Above Pay

I've added some different cuts of the data concerning RI public-sector pensioners who make more in pension than they did in pay. The most significant takeaway is that COLAs alone don't account for the phenomenon; the top 50 pensioners making more than their salaries have base pensions (not counting COLAs) that are 95% of their salaries.

Posted by Justin Katz at November 10, 2011 12:50 PM
RI Center for Freedom & Prosperity