Not quite...

by Salda007

Clicking on the names for those big-ticket pensions shows a note along the lines of, "Pension amount includes a one-time DROP payout of $$$". Their pension plans include big one-time payments upon retirement, which fall to much smaller annual values after that initial payout. So those $1.4M pensions are just for the first year, not annual.

Posted on Mar 20, 2017, 1:45 AM

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