Alameda County Administrator Susan Muranishi, 63, retires with pension of $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.
Even White House hanger-on Beyonce agrees: