The city of Bell, California was essentially looted by corrupt officials who paid themselves outrageous salaries and benefits. The allegation is that they also made sure they would have a really, really cozy, cushy retirement. Testimony from an actuary at the corruption trial of Angela Spaccia revealed that she was in line for an absolutely astronomical pension — about $8 million over her lifetime. She is charged with multiple corruption counts.
The actuary, who testified standing up because of a back injury, said he had never heard of this kind of pension plan being set up for government employees.
He also said he had not heard of government officials earning the salaries Rizzo and Spaccia were making. Rizzo received total compensation of about $1.18 million a year and Spaccia $564,000.
Eligibility for the pension plan was set up so that Rizzo and Spaccia were the only Bell employees who qualified.
Shameful, and a slap in the face of the hard working people who paid the freight.
