Launch VideoMany Pennsylvania Towns Pay Illegal Benefits
A firefighter in Allentown, Pennsylvania, which plans to lease its water system to meet retirement costs, left last year with an annual pension of $99,289, more than double what state law says was due.
Most municipalities in the state, home to a quarter of U.S. public pension plans, show similar disregard for local statutes, said James McAneny, executive director of Pennsylvania’s Public Employee Retirement Commission.
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