Imagine if your boss knocked on your door and announced that you’re going to receive two pensions upon retirement. That would be quite the surprise! Most people – especially those working outside government – would be elated just to have a single workplace pension.

But new research released by SecondStreet.org shows over 8,500 city employees in major cities are set to receive not just a generous main pension, but a second pension top-up – extra icing on an already large piece of cake, if you will. But the crazy thing is, one city will even give its employees three pensions upon retirement.

What’s the old saying? “Nice work if you can get it.” The details in this column are worth keeping in mind the next time a city politician complains that they have no choice but to raise property tax

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