Russ Greene: L.A. pension system pays over $100 million monthly excluding police and fire

Russ Greene: L.A. pension system pays over $100 million monthly excluding police and fire
L.A. pension system monthly payouts top $100 million

Russ Greene highlights concerns over Los Angeles' pension system, stating it pays out over $100 million each month, not including payments to police and fire personnel.

He also notes that some city retirees collect more than $1 million annually in pensions and benefits, while referencing broader challenges facing the city.

Greene has previously discussed debates over a larger payroll tax hike and a potential investment tax as part of ongoing policy discussions. He has also referenced Congressional Budget Office projections of a $138 trillion U.S. deficit over 30 years, highlighting risks tied to entitlement programs. These comments provide ongoing context for Greene’s focus on public pension liabilities.

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