Unexpectedly, the Milwaukee County sheriff at the time resigned to take
an early pension payout, and Clarke applied for the job.
Not exact matches
Earlier today, our own Steven Greenhut noted the dire situation in Marin County, California, where staggering
pension costs are being driven by a handful of retirees receiving huge
payouts.
Many employer
pensions have generous
early retirement benefits with a «bridge benefit,» in which case your total monthly
payout is actually higher before age 65 than after.
While he had a generous
pension, the
payout was reduced for
early retirement and was much less than his salary.