Government Pensions Breaking States' Wallet?

" we continue to follow the financial mess in California which includes a 24 billion dollar budget gap. One group echoes what we've been signed a long time on this program hefty government pensions are a big reason the State's for the State's insolvency. Marcia -- from the California foundation full fiscal responsibility. Publicize the names of more than 5000. Retired government look at who receive annual pensions in six Vegas. She's been called public enemy number one of California unions and she joins us now. Marcia thank you very much for coming on by first I want to put up on the screen. I think we've got a list of the top fly if pension. There is and how much they make. I I don't know what you consider it on all but we've got -- administrators. Professes. Sanitation manages. Another professor. All of whom are making what are you an excess of a quarter a million dollars each and every year. I think this is extraordinary way to get this -- from."

" Well I got a friend I calpers. We got court decision that allowed us access to these records. And the southern Davidson name. This doesn't surprise to me -- none of these pensions and then outrageous for many years. But only until recently have we been able to get access to the records now -- written let him."

" I'm -- Masha what what what we put album scream what role -- numbers is that actual pension. All it does that include benefits like health care for example."

" It does it doesn't include benefits -- and that's that's a -- also it doesn't include their cost of living increase later willow."

" So I'm going to stop here again. You're telling me. That those six figure pension -- more than 5000 retired double locust are indexed to inflation so they go up every year don't really."

" That that's correct. That's correct and that that paid full life I take it. Yes they're paid for life and also if they're married. Their wives and husbands get it until they die so these are pretty happy about that."

" So if the administration the top of the list getting almost 500000 dollars a year I don't know whether -- a man or woman. But if if they married someone real real young and fresh out of college. And then and then they die if that person pulls down a half million dollars a year indexed to inflation plus free healthcare benefits for maybe sixty years. That's incredible that that's -- yet that's correct well. A guy who now what was the response when you published this list -- what I know you'll public enemy number -- but. Robert popularly."

" Not let that not let the people that are getting the goodies. That their response is pretty it's pretty much across the board shock and this is that this is but the storm that's a penchant for not mean people have no idea I -- this for years but until we. -- the list of people they didn't get it now now I think they're starting to get it."

" Well we goddess and I'm sure gonna get a lot of comment on it Marcia Fritz. Extraordinary stuff and we thank you very much for bringing it to."