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Detailed text transcripts for TV channel - FOXNEWS - 20111230:18:10:00

savvy and she is proving that to be very accurate. she is retiring from her 6th term as a philadelphia councilwoman and she gets a parting gift of $478,000. on monday she gets sworn in for her 7th turn and goes back onto the payroll. tasco and other county members and other city workers are enrolled in a program called deferred retirement option plan, drop for short. it was started by then mayored rendell. it allows employees to collect salary and build up a pension during the final four years of their employment. she said she planned to retire in 2011 in 2007. roughly $108,000 which gives her 400 32,000 dollars. get this. the city guarantees them 4.5% interest over that time, regardless of how the stock market is doing for a grand total of $478,000 for mary ann

Term
Philadelphia
Councilwoman
Parting-gift
6
478000
78000
Program
Stasco
City-workers
Retirement-option-plan
County-members

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