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How’s this for an investment?
https://directorblue.blogspot.com/2010/02/new-math-union-pensionomics.html
You pay a total of $124,000 into your pension plan and, upon retiring at age 49, you receive $3.3 million in pension payments and $500,000 in health care benefits. You receive $3.8 million in total on a $124,000 investment.
Or this:
You pay a total of $62,000 towards a pension plan and absolutely nothing for health care (medical, dental and vision coverage) over your working career. Upon retirement, you are paid $1.4 million in pension and $215,000 in health care benefits. You receive $1.6 million on a $62,000 investment.
These are real world examples from New Jersey’s crushing public sector union retirement plans paid for by the state’s taxpayers. Republican Governor Chris Christie is demanding drastic actions to prevent New Jersey from falling off the precipice and into full-fledged bankruptcy.
https://directorblue.blogspot.com/2010/02/new-math-union-pensionomics.html
