California Dreamin’

According to a [Newport Beach] city report on lifeguard pay for the calendar year 2010, of the 14 full-time lifeguards, 13 collected more than $120,000 in total compensation; one lifeguard collected $98,160.65. More than half the lifeguards collected more than $150,000 for 2010 with the two highest-paid collecting $211,451 and $203,481 in total compensation respectively…. Lifeguards are able to retire with 90 percent of their salary, after only 30 years of work at as early as the age of 50.

According to a [Newport Beach] city report on lifeguard pay for the calendar year 2010, of the 14 full-time lifeguards, 13 collected more than $120,000 in total compensation; one lifeguard collected $98,160.65. More than half the lifeguards collected more than $150,000 for 2010 with the two highest-paid collecting $211,451 and $203,481 in total compensation respectively…. Lifeguards are able to retire with 90 percent of their salary, after only 30 years of work at as early as the age of 50.

From the Orange County Register. Pointer from Greg Mankiw.

California Dreamin’