DEFENDTHISHOUSE
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"Scott Peterson, the 55-year-old Broward County sheriff's deputy who failed to engage the Parkland High School shooter, is set to receive a taxpayer-funded pension of $104,000 every year for the rest of his life." - Reason Foundation
"Scott Peterson, the 55-year-old Broward County sheriff's deputy who failed to engage the Parkland High School shooter, is set to receive a taxpayer-funded pension of $104,000 every year for the rest of his life." - Reason Foundation
"Scott Peterson, the 55-year-old Broward County sheriff's deputy who failed to engage the Parkland High School shooter, is set to receive a taxpayer-funded pension of $104,000 every year for the rest of his life." - Reason Foundation
Yeah, this opens up a doffered discussion about public sector retirement benefits and the mystery about how some of these pension plans could possibly be underfunded.
Some of the parents of the children murdered in that school shooting have spoken out about that retired coward getting that huge pension. It would not surprise me at all if one of the parents makes an attempt on his life. They are furious.
Parkland Deputy Who Failed To Protect School Gets $100,000 Annual Pension
Yeah, this opens up another discussion about public sector retirement benefits and the mystery about how some of these pension plans could possibly be underfunded.
Agreed, but those tend to be in place in large cities / metropolitan areas. Jacksonville, FL has the same issue with their Fire / Police retirement fund. This is a transplant from the major northern cities where certain elements of gov't (e.g. - police) had their own retirement fund, separate from whatever the gov't entity offered their employees.
But what you won't read about is the tens of thousands of police departments, sheriff departments, and even state LE agencies where a thirty year career of honorable service leaves you with either no pension, or one that is unlivable. Much like the rest of the civilian sector faces in various occupations.
Remember, the media feeds you what they want you to know. Both sides.
I wwasn't trying to single out police officers as much as I was pointing out public retirement plans, in general. The Dallas PD is one example of one that seems to be underfunded. Like I said, separate conversation all together. I'm all for people getting a reasonable retirement, but I think some of these plans over promised and under performed, to the detriment of these public workers.
No, I'm completely with you on that, and I'm one of those "government mules" now. By and large, federal salaries and benefits exceed those of their non-fed counterparts. Not always, but usually.
If it sounded like anything else, I apologize for the misunderstanding.
Oh...but there are examples of cities / municipalities that are facing a financial crisis due to very handsome retirement packages that are now underfunded, thus putting the burden on the backs of the taxpayers themselves. It's a complicated issue...too much for my IQ...but it just rings of poor financial management and/or retirement pensions that are ridiculous. JMO.
Knoxville cooked up an LEO pension fund backed by BONDS. Bonds people. They issued bonds to start it, then planned on investing those funds and then somehow beating out the bond interest rate and provide growth to support the fund's future payouts. Then you had people like part time bailiffs and court clerks qualifying as LEO. As you can imagine, this was a massive failboat. The city has had to kick in serious cash into the fund to keep it solvent. CA has a similar problem, PD/FD employees work for small towns and cities for most of their career, then try to transfer to San Fran or Oakland for their final couple years. That boosts their ending salaries, meaning they get a bigger pension payout.
Rare is the politician who's motives are honest (e.g. - serving the public interest). Most of them know they can always kick the can down the road for the next generation to worry about. Some of them just want the power; some the fame; some the money; some all of it. Some of them are politicians because they would never make it in the free market. And almost all of them can be bought.
One need look no further than the Haslam family for a glowing example of all of the above except the "rare" part.
As much as Ras and I disagree on certain subjects, I am with him almost without reservation when it comes to government in general.
