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Philadelphia's Public Officials Have Devised New Ways to Take Advantage of the City's Already-Depleted Pension Fund
Philadelphia Media Network Inc. 
June 8, 2011 [N]ow the city has a separate class of 102 beneficiaries who don't plan to retire for another five to ten years. With the Council pressing ahead with plans to reform DROP and a mayor who says he wants to kill the program, that number is sure to grow as panic spreads among city workers. (Since Feb. 1, 2010, 1,520 employees have enrolled in DROP, at a cost of $247 million in future bonuses.) MORE >> |
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