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“I’m not getting paid twice for doing one job. I’m getting paid for the 30 years I put in, and I’m getting paid for the work I’m doing now,” Doughty said. “I benefited personally, no doubt about it, but the university benefited too.”

I need a loophole.

1 posted on 08/01/2010 4:06:50 PM PDT by Libloather
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To: Libloather

Sounds similar to the NJ “loophole”.


2 posted on 08/01/2010 4:07:57 PM PDT by alice_in_bubbaland (Professional Politicians are a Threat to the Republic! Remove them on 11-2-10!)
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To: Libloather

With unemployment as high as it is nationwide, they could only find two other applicants? Four would have been against the law for them to rehire.

I would bet they received a 100 resumes.


4 posted on 08/01/2010 4:13:23 PM PDT by BushCountry (I spoken many wise words in jest, but no comparison to the number of stupid words spoken in earnest)
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To: Libloather

That is possible in several states. Florida has a version of that, at least for teachers. Many teachers were convinced several years ago to join a scheme to retire and then be rehired at, I believe, a slightly lower pay level. My wife thought about it and we decided it sounded like a scam of some sort because they didn’t have to hire you back. They just promised to. Well along came the recession and all those teachers who took “advantage” of the D.R.O.P. program got left out in the cold with retirement income that is way lower than they were getting paid as teachers years before they thought they would have to live on that and 10-15 years before SS kicks in. Now even SS is looking iffy...


5 posted on 08/01/2010 4:13:43 PM PDT by arthurus (Read Hazlitt's "Economics In One Lesson.")
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To: Libloather
"Double-dipping" always sounds like a rip-off but it does make sense, as described by the employee above, and with certain limitations. The Federal government btw does not allow this.
6 posted on 08/01/2010 4:14:18 PM PDT by hinckley buzzard
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To: Libloather

It sounds okay on the surface. An employee retires and the system needs another employee so why not rehire the retiree who is already trained and experienced? The way it works, though, is employees “retire” when they reach the minimum longevity to do that and the state pays extra for a long time.


8 posted on 08/01/2010 4:16:26 PM PDT by arthurus (Read Hazlitt's "Economics In One Lesson.")
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To: Libloather
“The smart thing for me personally, financially, would be to retire and then go to work [and] have two incomes,” Doughty said. “I’d be getting a paycheck and a retirement check. It’d be a pretty good move for me.”

Unfortunately this is becoming very common for Federal workers.

11 posted on 08/01/2010 4:30:34 PM PDT by OCC
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To: Libloather

Isn’t this fairly common across the local, state, federal and maybe private retirements?....


13 posted on 08/01/2010 4:36:44 PM PDT by deport
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To: Libloather

Florida allows this also.

Just another insider scam from those who see themselves as the Ruling Class with the Royal Right to plunder all they can.

Their attitude: “If the peons don’t like it - tough!”


15 posted on 08/01/2010 4:39:25 PM PDT by Iron Munro (You can't kill the beast while sucking at its teat - Claire Wolfe)
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To: Libloather

A lot of state run retirement systems are like that. In AZ the system encourages “retirement” because if you accrue too many points in the system your payout starts dropping. So people in ASRS “retire” and then take the same job they had only reclassed without benefits (so they stop earning points). Of course if the system wasn’t designed to punish longevity they wouldn’t “retire” in the first place.


17 posted on 08/01/2010 4:46:01 PM PDT by discostu (like a dog being shown a card trick)
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To: Libloather

This is common in WI. Sometimes the employee does not even miss a day of work — they come right back and continue working n the same job. I know a couple of City Engineers and a couple of Police Chiefs who are doing that right now. And they collect their accumulated sick leave too. THis limits the opportunities for new hires, and I think it stinks.


20 posted on 08/01/2010 5:31:50 PM PDT by afraidfortherepublic (Southeast Wisconsin)
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To: Libloather
“I’m not getting paid twice for doing one job. I’m getting paid for the 30 years I put in, and I’m getting paid for the work I’m doing now,” Doughty said.

I'm not hanging your stupid public sector union ass from this lamp post, I'm just stretching this rope.

21 posted on 08/01/2010 5:33:54 PM PDT by Rome2000 (OBAMA IS A COMMUNIST CRYPTO-MUSLIM)
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To: Libloather

One in Arkansas also. I think it is getting changed. Lots about it in the State paper. People are not happy.


23 posted on 08/01/2010 6:10:14 PM PDT by therut
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To: Libloather
Philadelphia has a scam like this, but elected officials have been using it even though it was intented for city employees.

Philly city council members (all DemocRats except two token Republicans) can get re-elected by the Philly Democrat robo-voters in November, then retire for one day in January, then get sworn in for their "new" term the next day.

Because they "retired", they get their pension in a lump sum, then get sworn in and start collecting salary again.

Party of the workin' man...

24 posted on 08/01/2010 6:44:20 PM PDT by Mannaggia l'America
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