Note To Kentucky: Top Covington, Florence Area Government Pension Estimates Released

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COVINGTON–A report released today by Taxpayers United of America (TUA) reveals that Florence, Kenton County, and Boone County government employees are not only receiving generous salaries, but that over a normal lifetime, many of these government employees when they retire will become pension millionaires. Kentucky bureaucrats refuse to release pension figures, so total pension payouts were estimated* for this report. The city of Covington refused to even provide salary information for current employees and instead provided a list of city government positions.
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“Boone and Kenton County taxpayers struggle through this recession with an average wage of $40,000 and $43,000, respectively, median home values of $174,100, $143,000, and 7.9% and 8.5% unemployment. Government employees really rake it in while they are employed and then when retired,” said Christina Tobin, TUA Vice President. (Read more…)

Note To Kentucky: Top Lexington Pension Estimates Released

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LEXINGTON–A report released today by Taxpayers United of America (TUA) reveals that Lexington and Lexington-Fayette County government employees are not only receiving generous salaries, but that over a normal lifetime, many of these government employees when they retire will become pension millionaires. Kentucky bureaucrats refuse to release pension figures, so total pension payouts were estimated* for this report.
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“While Lexington-Fayette County taxpayers struggle through this recession with an average wage of $42,000, a median home value of $155,100 and 7.2% unemployment, government employees really rake it in while they are employed and then when retired,” said Christina Tobin, TUA Vice President.
“Starting first with the top 100 salaries and estimated pensions (2010) for Lexington City and Fayette County employees, heading the list is Fire Major Glendon Carlton, whose annual gross wages were $186,560. When he retires, he will receive an estimated annual pension of $123,130. Carlton’s estimated total pension payout over a normal lifetime is $4,925,196.”* (Read more…)

Note To Kentucky: Top Frankfort And Kentucky Pension Estimates Released

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Frankfort–A report released today by Taxpayers United of America (TUA) reveals that Frankfort, Franklin County and Kentucky State government employees are not only receiving generous salaries, but that over a normal lifetime, many of these government employees when they retire will become pension millionaires. Kentucky bureaucrats refuse to release pension figures, so total pension payouts were estimated* for this report.
Click below to view the pension information:

“While Franklin County taxpayers struggle through this recession with an average wage of $39,000, a median home value of $133,000 and 7.6% unemployment, government employees really rake it in while they are employed and then when retired,” said Christina Tobin, TUA Vice President. (Read more…)