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To: Kaslin
I don't think it's fair to take-away from lower-level employees for the mess made by management of the city. Rather than hit every retiree with a 4.5 percent cut and loss of COLA, they should put a cap on the pension that retirees receive and take away anything above that level.

Far too many cops and firemen earning in excess of $100,000 a year in pension checks, way beyond what is necessary to support yourself in retirement. There are lots of classifications getting $100,000 to $500,000 pensions - that's what should be cut. A lot of pensioners are living off pensions first received decades ago that are tiny compared to what is doled out now - leave them alone, it's hard living on $15,000 to $20,000 a year. Go after the big earners who sometimes receive more in retirement than what their standard salary was.

44 posted on 07/08/2014 6:23:50 PM PDT by roadcat
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To: roadcat
Go after the big earners who sometimes receive more in retirement than what their standard salary was.

Yes. I never understood why their wasn't some sort of cap on retirement pay. A maximum of 2/3 of your working pay would seem reasonable.

56 posted on 07/08/2014 10:19:54 PM PDT by Leaning Right (Why am I holding this lantern? I am looking for the next Reagan.)
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