Pension rackets.

AuthorPeters, Charles
PositionTILTING at windmills - Inflated pensions - Brief article

A recent study of the Washington area's Metro system of subways and buses identified a serious problem of worker fatigue. Surprisingly, it turns out that pensions are a contributing factor. Employees can boost their pensions by concentrating their overtime in their final three years of service, which is what determines the amount of their pension. The result is a worker too tired to do a job who later receives an inflated pension.

Another even greater cause of inflated pensions was recently reported by William K. Rashbaum and Mosi Secret of the New York Times: "an enormous fraud scheme in which hundreds of Long Island Rail Road workers...

To continue reading

Request your trial

VLEX uses login cookies to provide you with a better browsing experience. If you click on 'Accept' or continue browsing this site we consider that you accept our cookie policy. ACCEPT