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To: Hot Tabasco
The above is not a "golden parachute." In fact, ERISA prohibits an active employee from receiving any disbursement from the employer's DB Plan without termination first.

I was just commenting on the perceived unfairness of it. There is a big push to close loop holes and decrease benefits for future retirees in many government pension plans..

66 posted on 12/17/2011 6:05:06 AM PST by EVO X
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To: EVO X
I was just commenting on the perceived unfairness of it.

Thanks, I understand what you are saying.

Am I criticizing Perry, absolutely not. Just like the example of my county's new DEMOCRAT Executive, I am criticizing the government system that allows both of them to not only receive lifetime retirement pensions but to continue to work in a capacity that pays a greater salary from same employer that is now paying them an annual pension benefit.

And my next concern is whether or not this new government job for both Perry and my County Executive will grant them ANOTHER government funded pension benefit...........

What's most disturbing about this thread is the number of folks who are dismissing the fact that Perry is double dipping (and I don't mean that as a perjurative) and in violation of everything Conservatives and the Tea Party are rallying against - government largess, exhorbitant salaries and taxpayer funded pension plans.

I for one don't appreciate having to fund my County Executive's pension, providing him with lifetime healthcare benefits and pay him a salary at the same time..and the possibility of another pension when the jerk leaves office.

And if I were a Texan, I would feel the same towards Perry...........

122 posted on 12/17/2011 3:06:54 PM PST by Hot Tabasco (Be good, Santa is coming)
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