Why wouldn't people pad their pensions? Like he wouldn't do it if he could?
AG Cuomo Targets pension padding in Cheektowaga! " Cuomo calls it "Public Pensions Cashing In" nine area towns are the AG newest phase of the investigation. padding occurs when employees nearing retirment boosting their salaries by working huge amounts of OT to boost their pensions, mostly coming from Police Depts,that has been going this for years. The average annual public payout is 25 g's but there are some that make more than $300 g's. It's costing taxpayers more than $20 Million and by 2012 it will cost tax payers in EC over $7 million. Cuomo said one buffalo cop made $123,000.00 in overtime in his final year his base pay was $58,248 he penioned of with $105,631 anual pension. cheektowaga's top retired cop a capt. so far is about $71,000.00 annual pension with the last years pay over $100,000.
God must love stupid people; He made so many
Why wouldn't people pad their pensions? Like he wouldn't do it if he could?
It was something that should have NEVER been negociated into any government labor contract. You should be paid over time if you work the hours but it should not reflect in anyway on your pension payout. Take your earned overtime and put it away into your savings if you want more when you retire.
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No, they should probably stop the pensions and do 401k's not guaranteed by non-government labor/business owners. If all government types were in the same boat as the people who produce the revenue our country runs on things would run much differently.
Wanna wake up congress? Take away the Cadillac health care packages they have and let them fend for themselves. They can go buy what is available like most other non-government labor/business owners do.
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They pad there pensions retire and move out of state
They have every right but I wonder how many pension checks are to NYorkers living somewhere else
I don't blame the guys who do it. I blame the fools who have allowed it to happen.
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