What a beautiful pension
This, mind you, is conventional wisdom gained from watching too much television.
The much more likely scenario is that governments in big, unwieldy places toss money around like this all the time. We just don't always hear about it. For instance, here in Macomb County most people -- including me -- didn't know about the DROP pension program until it was too late. This overly generous program gave some county retirees a large chunk of money -- often $200,000 and up -- along with a regular pension. And you didn't have to be good looking to get it.