public-sector-unions

Bloated, Broke, and Bullied

In 2013, a police lieutenant at the Port Authority of New York and New Jersey retired with an annual salary of $129,000; the next year, he began collecting a lifetime pension of $172,000, or one-third above his base pay. Malanga discovered a pattern of extraordinary retirement salaries and lifetime pensions, culled from a database of Port Authority pay practices provided by OpenTheBooks.com.

One look at its compensation practices makes it clear that the agency has often used those resources more for the benefit of its workforce than for the people of the region.

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