Thursday, January 19, 2012

Jordan gets $375,900

I King Jordan gets more money in retirement than any other former federal employee. The one-time Gallaudet president receives $375,900 from the federal government, according to Bloomberg. He declined the magazine's request for a response. The federal retirement system faces a shortfall of more than $674 billion. The number of workers eligible for retirement is expected to grow 35% by 2016 from the number that could have retired this past year.