This guy (from Maryland) is going for his second nice pension. He's about 10 years in with the local PD dispatch (Florida). 10 more and he retires on a second pension... so he'll be making in pensions what some Fortune 500 CEOs make in salary.
Apparently, the pension business is more lucrative than landscaping.
“This guy (from Maryland) is going for his second nice pension.”
Same here. It’s called The Double Dip. My local Assistant Fire Chief retired after 20 on a full pension and the age of 47. $75,000 a year. He then went on to be hired one jurisdiction over as Fire Chief at $90,000 a year and will do another 20 so he can retire at 67 and combine both pensions.
Our local Chief of Police pulled the same scam. The only difference being is he got hired on as the Village Manager at $100,000 a year.
And, since this is Illinois, all pensions are Constitutionally protected and cannot be “impaired or diminished” in any way, shape, or form.
And there are thousands of these parasites bleeding Illinois taxpayers white. The last thumb in our eyes is that these “benefits are assignable to spouses after their deaths. It’s outrageous.
L
Sometimes when reading FR, I hear myself laughing.