pension

Calif. County Administrator To Be Paid $400,000 A Year -- For Life

Calif. County Administrator To Be Paid $400,000 A Year -- For Life

Like a lot of county governments in California, Alameda County has been facing severe, multimillion-dollar budget deficits. But unlike most county governments, Alameda has guaranteed its County Administrator Susan Muranishi a Wall Street-like salary for the rest of her life. According to news reports, Susan... Read More »

Boomers Retiring Earlier Than Expected, Cite Bad Health, Job Loss

Boomers Retiring Earlier Than Expected, Cite Bad Health, Job Loss

Experts have long held that baby boomers would work well into their golden years -- if only because of financial necessity. But a new study shows that the oldest in the group, those born in 1946, are retiring in droves -- and not all of them in happy circumstances. Nearly 60 percent of the early boomers... Read More »

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