which then tells us there are benchmarks for market value of jobs
which then tells us that your post is wrong - again
the pension is not paid for future work, or for contemporaneous work. it was the commitment - the financial obligation of the employer to the employee - the city to the employee in this instance - for PAST work. work often performed at below market wagesAt the point the pension starts to be taken out pensioners are getting payment for doing nothing and the agreement to take less while working has no effect on this.