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To: fire4effect
Spoken like a true government worker or pensioner. There are a lot of creative ideas to fix the problem. Such as let them retire after 25 years and start collecting retirement pay at a normal retirement age, such as 65.

You pretty much took the wind out of my sail. The problem with pensions like fire and police is not that they pay so much (with some exceptions) but that the people who collect them will collect them for so long. There are many creative solutions to this problem as you have stated. There are ways to defer compensation that are fair and equatable. I know a former police officer who is now a high school teacher. He will retire at 67 or so he says. I'm not sure if he is getting a pension but he was on the force for a long time.
32 posted on 12/12/2010 4:02:24 PM PST by truthguy (Good intentions are not enough.)
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To: truthguy

I know a guy who retired from the police force in his 40’s...gets a pension..became a County Supervisor..gets a salary from that and then when he retires will get a pension and STILL be young enough to get another job. It’s absurd. It has to change.


46 posted on 12/12/2010 4:50:33 PM PST by Hildy
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To: truthguy

They need to do something like prorate the pensions so you draw more if you retire when you’re older.

I have a relative who is a police officer who will retire in a couple years at close to full salary. Meanwhile he’s gone to night school the last few years, passed the bar, and is now job sharing in a second job as an attorney on his days off. When he retires he will become a full-time attorney at around age 48. Meanwhile he will simultaneously be drawing a large police pension for 20-40 years.

Not taking anything away from my relative, who is obviously a hard worker with a lot of initiative, but that kind of pension system is clearly not only nuts, but unsustainable over the long haul.


66 posted on 12/12/2010 6:42:38 PM PST by GOPrincess
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