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Retirement system still strapped

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Dave | 6:52 p.m. Nov. 12, 2009
But it's still "Double Dipping!"
Anonymous | 8:01 p.m. Nov. 12, 2009
So, if you put in the time, retire according to the standards available to you at the time, and then decide you'd like to go back to work, again under the standards available to all, compete for your job, win it, and then continue to work, you are 'double dipping'??? I thought you retired and then came back for a second career? There is something wrong with that or are we just envied by other workers?
Intentional fraud. | 4:49 a.m. Nov. 13, 2009
To intentionally falsify retirement in the system with its flaws is no excuse or justification to fraud. We all face hard times with lower incomes but we all don't have the benefit to get a full retirement and supervisors willfully rehire them to defraud. We need the law changed to implement a 5 year waiting period before any one can be rehired for any reason in any other department of government. And if a person elects to retire, then their retirement will be reduced proportionally by the number of years before the legal age of retirement at 67. Medical retirements should also be limited to a set percentage of salary and also make them ineligible for rehire unless they relinquish their retirement. This time period would all but eliminate the double dipping of state government workers. In the case of more than one retirement, an offset be established to reduce retirements. The federal and SSA retirements are established this way to stop this double dipping.

However, I fear a change in the retirement system to stop this double dipping is not likely, most of our legislators are also doing it.
Comments continue below
Overtime | 5:55 a.m. Nov. 13, 2009
So what about little OT. The double dippers are making double time every shift they work....
john | 1:59 p.m. Nov. 13, 2009
It's a no brainer !
STOP the double dipping to help the situation !
In times like these, double dipping is a BAD thing !!!
Poor Investors | 2:55 p.m. Nov. 13, 2009
Why has the state lost more money when the market has rebounded. They stayed in the falling market to long, sold low, and did not reinvest as the market increased. Fire the fund investors.

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