Public sector pigout: Sacramento State chief takes in $283K 

WHO’S PIGGING OUT: Donald Gerth

INGREDIENTS FOR THIS PIGOUT: Gerth is the former president of Sacramento State University

HOW BIG IS THIS PIGOUT? $283,629 per year

AVERAGE ANNUAL PRIVATE SECTOR RETIREMENT INCOME: $31,757

WHO PAYS FOR THIS PENSION PIGOUT? Taxpayers of California

HOW CAN THIS HAPPEN? Public employee pensions in California are so generous that the state now has a $535 billion unfunded future liability, equal to $36,000 for every household in the state. That’s more than the gross national product of Sweden, Switzerland or Saudi Arabia.

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