Quote:
Originally Posted by kn
I heard on the radio that Farkas is being consistent in not accepting his pension and transition allowance. It amounts to over $200k so I have to give him props on that.
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Kind of.
A good portion of that $200k is his pension, which would be ~$9k/year, but he doesn't get anything for it until he is (I think) 65. So it's not like he's walking away from a $200k cheque.
This is what bugs me when people talk about city hall pensions. They throw out stuff like "He's entitled to $9k/year", and leave out "starting in 2051".
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