Long Island Superintendents' Jaw-Dropping Pension Payments:

New York State's pension system isn't in freefall like New Jersey's  (although a recent report on New York City's liabilities called it at risk of "operational failure") but some annual payments are still jaw-dropping. NY Databases just issued a report on the top pension beneficiaries. Here's a few examples.
I think we're looking at more than "operational failure."