CLEVELAND (AP) - A northeast Ohio newspaper is reporting that
the amount of tax money spent on public pensions and guaranteeing
retirement payments for government workers increased by almost a
third over the past six years.
The Cleveland Plain Dealer says that supporting pension funds
will cost three-point-five (b) billion this year. Critics say some
plans, which give retirees an average pension of around 21-thousand
dollars, compared with 18-thousand for private sector retirees, are