Posted in Politics

Pension Tsunami

   February 23, 2009

My posts on the City of Pensacola pensions caught the attention of the Pension watchdog blog, PensionTsunami.com. The author writes, “The purpose of this site is to provide an overview of the multiple pension crises that are about to drown America’s taxpayers.”

The Gainesville Sun reports on DROP program abuses at UF:

The University of Florida is investigating cases in which College of Medicine administrators used a state program to retire and then be rehired without searches for other candidates – receiving perks such as bonuses and raises in the process.

Read more.

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