Are California public retirement plans better than those for federal or private-sector workers? Yes in some ways, no in others.
Generally they allow earlier retirement than their counterparts. Typically, public-safety employees such as police officers and firefighters have the best deals, schoolteachers the worst.
Good job, CTA. Clearly the union dues teachers pay each year (over $1000 in my school district) are justified by the exceptional job the CTA does in looking out for my pay, benefits, and working conditions.
You had a post recently over the sorry shape your pension fund was in....maybe if they had paid more attention to that and not electing Jerry Brown, etc they would not may earn their money a little more.
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