When local California official Susan Muranishi retires from her job in a couple of years, she's going to be walking away with a fat paycheck -- $423,664 a year -- for the rest of her life.News of Muranishi's payout comes at a time when nearby Stockton, Calif., is trying to enter bankruptcy. On Monday, the city faced off with its creditors in U.S. Bankruptcy Court to decide the issue. Stockton is one of several California localities saying they've run out of money and can't pay their creditors. Lawyers for the city announced Monday it has cut its budget and services and has no choice but to enter bankruptcy.
Alameda County, home of the FBI's fourth most dangerous city, Oakland. Nearby Stockton only made number ten on the most dangerous city list.
Sounds to me like Alameda County could find a quick quarter-mil a year to help Stockton just by cutting Muranishi's pension. Wonder what other payments she has coming her way. And who else at the County office HQ has a pension like hers...