Comments about ‘Retirement system still strapped’
Meeting fails to yield any solution to state plan's $6.5B shortfall
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But it's still "Double Dipping!"
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?
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.
So what about little OT. The double dippers are making double time every shift they work....
It's a no brainer !
STOP the double dipping to help the situation !
In times like these, double dipping is a BAD thing !!!
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.
It is true that some people can work and retire before the age of 65 or 67. Only because they have put in their time and worked for 30 yrs stopping drunks, assisting with shootings, stopping gang fights getting shot, taking down a 400 lb person that is on crack. Let me go on dragging hose lines, laddering roofs to get you out of a burning building alive, inhaling smoke, getting burned, administering first aid including mouth to mouth before the ambubag, getting stuck with infected needles at a drug scene.And how about plowing your streets at all hours of the day and night after working on the job for 10 hrs and then up all night to make sure you make it to McDonalds before you go to work.
Oh and after all of that we do not get social security unless we pay into it. So what we work for and earn stays the same and loses ground every year.
So lets not be able to compete for any state job and go to work for Walmart being a door greeter.
Thanks alot a devoted public service employee. Work until I die.
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