Who knew that working for the City of Santa Ana could make you a rich man? The O.C. Register investigated what many of our local cities are paying to their retired city employees.
While most of us have a bankrupt Social Security program to look forward to in our retirement, public employees make a ton of money in retirement, based on their last salary paid. It is common practices for city’s to spike their employee’s pensions by giving them a raise in their last year of employment. This happens a lot in Santa Ana, in particular.
Is this one of the reasons that the City of Santa Ana has such a huge budget deficit?
Here is the list of Santa Ana retired employees who are making over six figures in their retirement: Continue reading