The cops here run up the overtime in their final 2 years because that is what their pension amount is based on.
They all cooperate and wait for their turn. It is a scam and outright theft of the taxpayers money.
EVERY government worker gets a pension: the firemen, policemen, school teachers, professors, street cleaners, postal workers, toll booth operators....
...what are the chances the Illinois General Assembly and the governor are going to make us taxpayers foot the multi-billion bill?
Yep. Common with all gubmint employees, fed, state, local.
One can see this in the academic world. Professor with eight or nine month contracts, work for 25 or 30 years and then five years before retirement become deans, associate deans,
assistant deans, director of this, director that and sign 12 month contracts. With the “promotion” and 50% increase in work year, a rather substantial raise coming. Pension is 2 or 3% per year for each year worked based on the final three or four years of work. Increase in pay could be as high as $50,000. So 0.02X30X50000 = $30,000 increase in pension per year or an increase of $2500 per month for 20 or 30 years not counting any cost of living adjustments.
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The cops here run up the overtime in their final 2 years because that is what their pension amount is based on.
They all cooperate and wait for their turn. It is a scam and outright theft of the taxpayers money.
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And those with the conflict of interest, I mean paradigms of virtue and stalwarts of the Public $$$, were happy to sign-off on the dotted line in the agreement. What’s it matter to them, it’s only taxpayer $$