Pension Crisis

Pensions Raise Price of Police While Reducing Numbers



Fewer cops, fatter pensions.

That appears to be the scenario playing out in Milwaukee and cities nationwide, a point Milwaukee Mayor Tom Barrett seemed to acknowledge this week on CNN's Piers Morgan Tonight.

Perhaps lost in Tuesday night's verbal gunfight between the ever-acerbic and anti-gun Morgan, Milwaukee County Sheriff David Clarke, and Barrett was the mayor's contention that the city has to take police off the street in order to help meet a nearly $30 million contribution to their pension fund.

"We have three furlough days so that we can make a pension payment of $29 million for our police and have no layoffs," Barrett said on Tuesday's show.