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City Employees Rake in $150 Million Annually in Bonuses
Mayor Villaraigosa put bonuses for city workers at the top of his list for saving money. That was in 2006. Since then, the rising cost of retirement benefits has become a big issue. But few city officials know that bonuses add up to more than $150 million, nearly half the $350 million deficit.
Mayor Villaraigosa put bonuses for city workers at the top of his list for saving money. That was in 2006. Since then, the rising cost of retirement benefits has become a big issue. But few city officials know that bonuses add up to more than $150 million, nearly half the $350 million deficit. That according to Daily News staff writer Kerry Cavanaugh.
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