I think we will manage with a fire chief making just $150K a year, no?
I think we will manage with a fire chief making just $150K a year, no?
what a racket, ppl retire and collect almost the same wages as they were working. This need to be changed to just enough to live on. You should not be able to retire and live in luxury
What quality service would that be???? I have never seen it.
Ms Herricks can now retire and collect nearly her former salary. “Retirement was supposed to be something happy. I’m so sad.”
Cry me an effin’ river. Sucks to be you, Ms Herricks.
Ms Herricks can now retire and collect nearly her former salary. “Retirement was supposed to be something happy. I’m so sad.”
Could you explain yourself a little better Ms Herricks. Looks on the surface, you ought to be smiling all the way to the bank, so what am I missing?
“I never thought my career would end like this,” Mr. Herricks says. “This was the hardest decision I’ve ever had to make in my life.”
How so? I don’t get it. I sure isn’t “for the children”. So what?
In case you didn’t have time to read the comments section, someone did a bit of research. Turns out, this couple lied.....BIG TIME....about what they currently earn.
DataMine: Search Wisconsin teacher salaries
First name Leonard
Last name Herricks
Year and session 2009/10
Highest degree Master’s degree
Salary $75,916
Fringe $32,635
Position title Teacher
assign descript Academic Support- Teachers
Low grade served 09
High grade served 12
Bilingual code No
Full time equivalency 14%
Work site Oshkosh Area Sch Dist / West High
County name Winnebago County
First name Mary
Last name Herricks
Year and session 2009/10
Highest degree Master’s degree
Salary $68,423
Fringe $13,917
Position title Teacher
assign descript Elementary - All Subjects
Low grade served 03
High grade served 03
Bilingual code No
Full time equivalency 100%
http://www.postcrescent.com/apps/pbcs.dll/article?AID=/99999999/APC0110/80221166/DataMine-template&appSession=130288610719818&template=artinteractive
Mary and Len. 56 years old
Probably 100K a year retirement between them, plus paid medical, SS and Medicare.
Boo Hoo Hoo! Such a raw deal!
Where do I sign up?
Public employees should get ZERO when they retire...taxpayers don’t owe them a damn thing.
You're breaking my heart, b****.
Getting out while they still have a pension. My neighbors did that because they don’t have the retirment savings to support themselves otherwise.
I can understand that. If I was promised 75% wage when I retire, it wouldn’t occur to me to get an IRA.
Give me virtually the same money for no work as I collect for lots of work, and I'll be the happiest camper the world's ever seen.
Take your pension and go teach in a private school.
I knew it!!!!! I knew it!!!!! This is just the beginning. Teachers are going to go in droves next. Things are going exactly as I predicted. Now you will be paying for retirees AND new hires just because you couldn’t give a 2 percent raise and the bad press that they are getting. Brilliant!!!!! ROTFLMAO. This is so rich that it is actually sad. Good thinking folks.
“A teacher for 35 years who earns in the high 50s, Ms Herricks can now retire and collect nearly her former salary.”
Cut her retirement to $1,000 a month, and then tax that at 50%. As a liberal, she’ll approve. Can’t have these rich folks ripping off the poor taxpayers.
The private sector will not be afforded such forewarning when the gubmint comes to raid our 401ks.
“Lawmaker Introduces $165 Billion Union Pension Bailout Bill”
http://www.foxbusiness.com/personal-finance/2010/05/24/lawmaker-introduces-b-union-pension-bailout/
$165 billion is just for starters...
“Unions want to dump pensions on taxpayers”
http://dailycaller.com/2010/04/06/troubled-labor-looks-to-federal-government-for-help-on-pensions/
“401k/IRA Screw Job Coming?” -Karl Denninger
http://market-ticker.org/archives/1830-401kIRA-Screw-Job-Coming.html