Here's another Post Standard story on pensions....This time the practice of running up the score with overtime to increase final year earnings. In the cases cited here, the Onondaga County deputies were making more than the County Executive and others in key posts. 32 consecutive 16 hour days ? That's stamina.
How deputies work lots of overtime to legally boost pensions; some get more in retirement than their bosses | News from The Post-Standard -
3 comments:
32 consecutive 16 hour days? Woud you like to be on the road when there is a cop driving who has worked that many hours? I wouldn't. Its a public safety hazard and when you become that overtired your judgment suffers. Truck drivers are prohibited from working excessive hours and for public safety reasons so should cops.
That's not even getting into the outrageous of us over-taxed cutuzens having to foot the retirement bill for people who abuse overtime simply so they can get 6 figure pensions at the age of 40. Overtime, when needed, should be decided on a lottery basis so that senior officers don't rack up excessive overtime. At least Paterson has changed this some with tier V (has anyother governor even tried to stop this abuse?)
This is generally known and accepted in the NYS retirement system. Almost everyone tries to work a lot of overtime in the three years before their retirement to get the best deal they can. And the employers let them get away with it. So the state taxpayers get hit twice. First in the paycheck that they
earn the overtime in, and second, when they draw their retirement.
It isn't like NYS retirement isn't good enough already. You don't have to pay NYS income taxes because they are taxed when you contribute to the retirement plan. Seems like a dumb idea. Would you rather tax the small amount at contribution time or the larger amount during retirement. You wonder why the state has such financial problems?
This is why there's programs like "Shop with a cop" to deflect negative stories about law enforcement folks, the only other abuses in the system are with the CO's in prisons, Hey spaking of abuses of the pension system, The wonderful folks at the JCIDA recently cited by the comptroller as acting as a funneling vehicle for pension benefits, And you thought it was just the Renzi's brothers.
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