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upaloopa

(11,417 posts)
15. That has nothing to do with pensions
Wed Nov 13, 2013, 05:27 PM
Nov 2013

He took an early retirement.
Governments do that. They pay certain people to retire before their scheduled retirement date. The amount paid is less than the government would have to pay on salary and benefits until the person retires at the scheduled date.
I think you know darn well that people don't retire making more then when they worked.
A few and very few do retire with full pay because they worked for 35 years. For firemen and women it is around 20 years because their job wares their body out.
So people retiring at full pay sometimes come back as consultants so they are making more with retirement and consulting income.
Those people are about 1 in a couple hundred thousand.
Most people retire on less than half of what they made working.
If you don't know that then like I said do some research.
One person you know hardly is equal to all the damage done to people because bull shit like you post becomes what the majority believes which is why you posted it I think.
This idea that people should eak out a living with no help from society is destroying this country by increasing the income gap.
If you truly cared about this country you would do well to examine your positions.

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"burdensome salary and pension costs" KatyMan Nov 2013 #1
If cities mismanage their finances they will go bankrupt hack89 Nov 2013 #2
I suspect that optimistic projections were only a part of the problem- can you say RDA? LooseWilly Nov 2013 #19
The employees are not to blame hack89 Nov 2013 #20
Tax those corporate tenants... there's plenty of money there LooseWilly Nov 2013 #23
I doubt a small resort town has a lot of corporate tenants hack89 Nov 2013 #25
Walmart, McDonald's, TacoTown, etc... all probably live there somewhere LooseWilly Nov 2013 #27
So what percentage will you tax them at hack89 Nov 2013 #28
Exactly! It's the city's failure to set aside moneys for their contracted obligations SharonAnn Nov 2013 #29
budget messes are every where in the public sector beachbum bob Nov 2013 #3
The reason pension cost rose is because they upaloopa Nov 2013 #9
Well, technically... a defined benefit plan's cost can't "rise"... LooseWilly Nov 2013 #24
I work for a county government and am a SEIU upaloopa Nov 2013 #30
In some years past, maybe as far as decades Trillo Nov 2013 #4
Why don't you do some research on the subject upaloopa Nov 2013 #10
One of my landlords was a retired cop (probation officer), he also told the same story, Trillo Nov 2013 #13
That has nothing to do with pensions upaloopa Nov 2013 #15
That's not what I read, or was told, Trillo Nov 2013 #16
I am a government worker what I said is true upaloopa Nov 2013 #17
"Six figure pensions" Trillo Nov 2013 #18
Not under a typical pension system. haele Nov 2013 #12
Legalize and tax the herb! zappaman Nov 2013 #5
"burdensome salary and pension costs" usually means Blue_Tires Nov 2013 #6
All of these pensions were doable... ReverendDeuce Nov 2013 #7
+1 Starry Messenger Nov 2013 #21
Pensions are dangerous for a long term company. A lot of risk. nt Logical Nov 2013 #8
You know in 50's and 60's just about every worker had upaloopa Nov 2013 #11
Nope, a CFO plans for pensions, just as they plan for facilities and depreciation. haele Nov 2013 #14
when a company goes bellyup onethatcares Nov 2013 #22
How about fucking raising taxes gopiscrap Nov 2013 #26
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