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NYPD cop and his pension
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Date: May 25th, 2013 7:08 PM Author: passionate main people hall Did a closing this week for a retired 42 year old cop. Lieutenant, actually. He has a $10,350.00 monthly pension. Wtf did I miss when picking careers? (http://www.autoadmit.com/thread.php?thread_id=2265641&forum_id=2#23269000) |
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Date: May 25th, 2013 7:09 PM Author: contagious orchestra pit You opted for safety and a clear path to professional success. I'm sorry it didn't go the way you planned. (http://www.autoadmit.com/thread.php?thread_id=2265641&forum_id=2#23269004) |
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Date: May 5th, 2014 12:31 PM Author: autistic casino Shoulda been a cop. (http://www.autoadmit.com/thread.php?thread_id=2265641&forum_id=2#25506298) |
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Date: May 25th, 2013 8:13 PM Author: glittery dull stead all these pensioner fucks basically won the lottery. it was mostly luck / being a gov't faggot. (http://www.autoadmit.com/thread.php?thread_id=2265641&forum_id=2#23269348) |
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Date: May 25th, 2013 9:01 PM Author: Cordovan house Winning the lottery isn't like robbing the public coffers though. These fucks deserve to have states go BK and get nothing. (http://www.autoadmit.com/thread.php?thread_id=2265641&forum_id=2#23269785) |
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Date: May 26th, 2013 11:03 AM Author: Maroon New Version wait for cali bro (http://www.autoadmit.com/thread.php?thread_id=2265641&forum_id=2#23272179) |
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Date: May 26th, 2013 2:22 PM Author: glittery dull stead yeah, you're completely right. all of these pensioners should be hanged. (http://www.autoadmit.com/thread.php?thread_id=2265641&forum_id=2#23272914) |
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Date: May 25th, 2013 9:04 PM Author: Thriller Brindle Hell This.
LOL if you think millennial gov't employees are going to end up with similar perks. |
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Date: May 5th, 2014 10:08 AM Author: Dead shivering water buffalo My wife's grandpa is a retired NYPD sargeant. He retired at age 50. He's 94 now, and been collecting a $7,000/month pension for 44 years.
He loves telling stories about how he got paid off by the mob to look the other way at their gambling operations. He would always go to mob funerals, too. |
Date: May 25th, 2013 8:50 PM Author: Cordovan house (http://www.autoadmit.com/thread.php?thread_id=2265641&forum_id=2#23269732) |
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Date: May 25th, 2013 8:55 PM Author: Cordovan house I'm drunk but is the PV like $6 million+ assuming he lives to 90 with a 2% DF
And does the pension grow at all?
This is highway robbery
How the fuck does a cop deserve 6 million? Barely anybody earns that by age 42
More than half of his life is ahead of him too, many cops like this have a chill second career that they enjoy and eventually make a bunch more money. One example I know of: catering biz |
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Date: May 25th, 2013 8:57 PM Author: Cordovan house (http://www.autoadmit.com/thread.php?thread_id=2265641&forum_id=2#23269772) |
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Date: May 25th, 2013 9:48 PM Author: white sound barrier lol u mad @ 42 yr old cop taking second job and EARNING $20k monthly tax free pension @ 62 (http://www.autoadmit.com/thread.php?thread_id=2265641&forum_id=2#23270025) |
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Date: May 26th, 2013 12:31 PM Author: Cordovan house (http://www.autoadmit.com/thread.php?thread_id=2265641&forum_id=2#23272420) |
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Date: May 27th, 2013 11:00 AM Author: Cordovan house (http://www.autoadmit.com/thread.php?thread_id=2265641&forum_id=2#23277436) |
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Date: May 25th, 2013 8:59 PM Author: Talented patrolman really tough guy is a pension taxed like regular income? (http://www.autoadmit.com/thread.php?thread_id=2265641&forum_id=2#23269778) |
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Date: May 25th, 2013 9:09 PM Author: Out-of-control stage I AM MAD THAT I LET MY PARENTS CONVINCE ME TO GO INTO TTT MEDICINE. I COULDVE BEEN 10yrs from that pension by now!!! and last summer a nigger parks&recreation "cop" was picking on me when all I did was swim in the ocean. he said "I own this beach. no I don't have a problem with your parents. I was picking on them, but I am mad at you". if I had been a cop I would've punched him about 10times and then I would've let him go and let him know that he's lucky I decided not to arrest him. (http://www.autoadmit.com/thread.php?thread_id=2265641&forum_id=2#23269823) |
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Date: May 25th, 2013 10:13 PM Author: Nofapping carmine dog poop http://i.imgur.com/PtuMTb1.jpg (http://www.autoadmit.com/thread.php?thread_id=2265641&forum_id=2#23270186) |
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Date: May 25th, 2013 10:16 PM Author: blathering dilemma prole i have a retired FDNY relative that drives a mercedes SUV and a sweet sailboat that he takes up and down the east coast.
i mad. |
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Date: May 26th, 2013 9:42 AM Author: Titillating public bath goal in life The bar I drink at near my apt is owned by a retired FDNY capt. He is 45 and gets 12k a month in pension plus full medical for his family. He retired at age 43. FML (http://www.autoadmit.com/thread.php?thread_id=2265641&forum_id=2#23272025) |
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Date: May 26th, 2013 2:25 PM Author: glittery dull stead jesus christ. as individuals, these idiots really just got lucky. as unions / as a group, they have raped our country. retiring at 42 is basically reserved for rockstars (of whatever industry), but these gov't fucks think they actually deserve it. the fact that many of them actually think that they have earned it is especially infuriating. (http://www.autoadmit.com/thread.php?thread_id=2265641&forum_id=2#23272930) |
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Date: May 27th, 2013 9:08 PM Author: exhilarant field regret This. Any talk of reducing the benefits, and these fuckers throw a fit of indignation because they EARNED dat pension. (http://www.autoadmit.com/thread.php?thread_id=2265641&forum_id=2#23280532) |
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Date: May 5th, 2014 12:33 PM Author: autistic casino THERE HEEROES!
WHEN THEIRS TOUBLE THEY RUN TO IT! |
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Date: May 26th, 2013 10:27 AM Author: passionate main people hall Still better off going to law school?
(CBS) — Retire at 50 and collect more than $100,000 a year – that’s the plan for a special group of state workers.
Some members of the Illinois State Police can end up collecting millions of dollars, according to a study by Taxpayers United of America.
“The pensions for the state police are outrageous,” TUA President Jim Tobin tells 2 Investigator Pam Zekman.
He says each of the top 200 state police pensioners receive an income of more than $107,000 per year. Their former state agency has the earliest retirement age and the highest pension payout over time, Tobin says.
A state trooper with 25 years on the job can retire at 50 and get 80 percent of his pay. Add overtime and yearly cost-of-living-adjustments, and some end up making more in retirement than they did while they worked.
Take John Lofton, for example. He was making a salary of $80,801 a year when he retired in 2002. He also got a check for $65,482 for overtime, CBS 2 has learned.
Overtime payments boosted Lofton’s monthly salary of $6,800 by $3,100 a month for the purpose of pension calculations, an Illinois State Retirement System official says.
Lofton’s current pension, with COLAs, is now $134,026, compared to that $80,800 annual salary when he retired.
Lofton says he earned a lot of overtime providing security for state officials.
“I just went to work and figured when it was time to retire they would calculate it all out,” Lofton told CBS 2. “People like myself, we did our jobs and we paid into the system.”
When former Illinois State Police Capt. Daniel Roach retired at age 50 he also got an $82,204 payout for unused vacation and sick time. That one-time payout does not apply to calculations for his pension, which is currently $117,787.
According to Tobin’s calculations, the early retirement means Roach could collect $7.1 million if he lives to 85.
“I’m not going to live that long,” says Roach, who now runs a private security firm.
Tobin sums up the situation this way: “Healthy people are retiring at 50 with multi-million-dollar pension payouts. Another person is then hired to do his or her job — now you’re paying two people to do a job.”
CBS 2 found some retired troopers now have a personal service contract with the state, earning a second salary.
For example, former state police Lt. Scott Deubel was 53 when he retired and currently has a pension of $119,184 a year.
Since then, he has had a contract with the Illinois State Gaming Board. The panel now pays Deupel $71 an hour or up to an estimated $139,132 annually, according to a state spokesman.
Deubel spent 20 of his 30 years with the state police overseeing casino dock sites for the gaming board. Now, as a deputy administrator of investigations, the spokesman says Deubel has been “instrumental” in supervising video gambling investigations and the startup for a 10th casino license.
Deubel’s contract salary, together with his pension, will potentially give him an income of $233,144 for 2013.
“Does that sound like a good deal for taxpayers?” Zekman asked Deubel.
“With my experience I think it’s an excellent deal for them,” Deubel responded.
State Rep. Jeanne Ives is pushing a bill that would eliminate all of the state’s current pension plans.
“We have the worst unfunded pension liability in the entire United States,” she says. “We either reform and save you a pension and move you to a modernized 401k plan or you are at risk of not having a pension.”
Mike Powell, president of the union local that represents state police, says his organization is against any plan to take or reduce their pension.
“The vast reason the state is in trouble is because they have not paid their pension contributions,” Powell says.
State officials say the use of an “alternative formula” to calculate state police pensions began in the 1960s and over time grew to include other state investigators, public safety employees and corrections officers.
Taxpayers United has long believed that the Illinois state police are unnecessary, except for the crime lab.
Illinois State Police spokeswoman Monique Bond said: “The Illinois State Police, like many other public safety organizations, have pension plans that are fully supported by its law enforcement officers throughout their careers. They pay into a retirement system and are entitled to their benefit of service. These are the men and women who risk their lives every day to keep peace and safety in all communities.
“Taxpayers United of America has stated that the Illinois State Police are “unnecessary” – a statement that should give every innocent victim, every law abiding citizen, and every taxpayer pause for concern.”
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Date: May 26th, 2013 2:28 PM Author: glittery dull stead The OT/pension stuff makes me want to kill every boomer / gov't employee i see.
This is so out of control. |
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Date: May 27th, 2013 9:12 PM Author: exhilarant field regret CR. I see red reading that shit. Especially that smart ass's comment. "Given my experience, I think it's a great deal for taxpayers."
These people are the worst types of frauds, because they've actually convinced themselves that they aren't frauds.
Would punch in face. |
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Date: May 27th, 2013 9:22 PM Author: Cordovan house (http://www.autoadmit.com/thread.php?thread_id=2265641&forum_id=2#23280632) |
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Date: May 29th, 2013 8:29 PM Author: glittery dull stead yeah, these people are shit. none of them even deserved more than $50k/yr, and, of course, none of them deserve fucking defined a benefit pension. (http://www.autoadmit.com/thread.php?thread_id=2265641&forum_id=2#23294471) |
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Date: May 26th, 2013 11:02 AM Author: Chartreuse infuriating university becky I have no problem with cops/fd making good money, provided they earn it if they are doing hazard work.
My only issue is a lot is based by local tax revenue, so cops in places like the hamptons make $$$$ for dealing with underage drinking but people in east new york working in gangland dont. It should be reversed. |
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Date: May 26th, 2013 11:04 AM Author: Maroon New Version 90% of a cops job is to issue traffic tickets (http://www.autoadmit.com/thread.php?thread_id=2265641&forum_id=2#23272182) |
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Date: May 26th, 2013 12:14 PM Author: Chartreuse infuriating university becky That's not inconsistent with what I'm saying. (http://www.autoadmit.com/thread.php?thread_id=2265641&forum_id=2#23272340) |
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Date: May 27th, 2013 10:53 AM Author: Dead shivering water buffalo you could get people to be sadistic gun-wielding cops for a lot less than what the shyster unions have forced municipalities to pay. even in east new york. these faggots get paid way too much. (http://www.autoadmit.com/thread.php?thread_id=2265641&forum_id=2#23277406) |
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Date: May 27th, 2013 10:56 AM Author: Ruddy crawly business firm marketing idea America is so fucked. Hopefully the bottom falls out before these fuckers die and they lose their pensions. (http://www.autoadmit.com/thread.php?thread_id=2265641&forum_id=2#23277418) |
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Date: May 27th, 2013 7:42 PM Author: passionate main people hall Won't happen. Their pension is constitutionally protected. If the city goes under, the state is on the hook; can't see both state and city going under. Best to hope for is they get rid of it for future hires. (http://www.autoadmit.com/thread.php?thread_id=2265641&forum_id=2#23279956) |
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Date: May 27th, 2013 9:54 PM Author: Azure cowardly office They won't ever lose their pensions. YOU will just end up losing more money to pay for them. (http://www.autoadmit.com/thread.php?thread_id=2265641&forum_id=2#23280935) |
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Date: May 27th, 2013 7:46 PM Author: passionate main people hall Here some guy is asking for career advice. I guess they didn't end the pensions yet. I do salivate listening to their "numbers" like this guy.
http://theerant.yuku.com/topic/59004/NCPD-hiring-2013?page=3 "Pension-wise, with night-diff my last year, is the equivalent of a full inspector's pension. Inspector's salary in the NYPD with average night-diff in 2012 was $193,000. Throw in the 1/60th's and the variable supplement and my numbers were $166K/year without the loan or $126K/year with a $513,000 final withdrawal. On top of this, I (and many of those I know) also got a lump sum $120,000 DROP check."
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Date: May 27th, 2013 8:54 PM Author: Cordovan house What the fuck (http://www.autoadmit.com/thread.php?thread_id=2265641&forum_id=2#23280428) |
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Date: May 27th, 2013 9:14 PM Author: razzle dopamine range lol and are Boomer parents told us to get lib arts degrees... (http://www.autoadmit.com/thread.php?thread_id=2265641&forum_id=2#23280565) |
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Date: May 27th, 2013 9:22 PM Author: pearl bateful electric furnace indirect expression So basically, college is worthless (http://www.autoadmit.com/thread.php?thread_id=2265641&forum_id=2#23280636) |
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Date: May 27th, 2013 9:55 PM Author: Azure cowardly office The debt situation + the pension systems have proved it. (http://www.autoadmit.com/thread.php?thread_id=2265641&forum_id=2#23280944) |
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Date: May 27th, 2013 9:33 PM Author: amethyst heady reading party garrison brothers, i have never been more livid in my entire life. how do we make more people aware of blood-sucking cops fucking our country in the ass (http://www.autoadmit.com/thread.php?thread_id=2265641&forum_id=2#23280732) |
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Date: May 27th, 2013 9:34 PM Author: avocado shrine most people are incredibly dumb and won't tolerate any criticism of cops or firefighters. this country is fucked and can't be fixed. get out now. (http://www.autoadmit.com/thread.php?thread_id=2265641&forum_id=2#23280745) |
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Date: May 27th, 2013 9:34 PM Author: razzle dopamine range im scared hold me (http://www.autoadmit.com/thread.php?thread_id=2265641&forum_id=2#23280752) |
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Date: May 27th, 2013 9:55 PM Author: Azure cowardly office *holds you, inserts a thumb into your ass* (http://www.autoadmit.com/thread.php?thread_id=2265641&forum_id=2#23280949) |
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Date: May 27th, 2013 9:43 PM Author: Cordovan house Also teachers.
My bro in law who is a cop uses the most ridiculous arguments about this stuff. He rambles about how there are supposedly so many greedy people in the private sector making more than they "deserve." He says a five million dollar pension for some toll booth worker isn't that much money in the budget overall and people are only complaining because they think a toll booth worker shouldn't make as much as some more demanding job and that's wrong and elitist or something. He also defends things by saying that people put in all these overtime hours and that's a lot of hours. I pointed out that some people work 60 or 70 hours on a salary and he said anyone who does that is a fool. Totally clueless |
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Date: May 5th, 2014 10:11 AM Author: Swollen Floppy Trailer Park You forgot military too. (http://www.autoadmit.com/thread.php?thread_id=2265641&forum_id=2#25505731) |
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Date: May 27th, 2013 9:35 PM Author: Cordovan house Start by calling out libs who are being strangely silent ITT. (http://www.autoadmit.com/thread.php?thread_id=2265641&forum_id=2#23280754) |
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Date: May 27th, 2013 9:38 PM Author: passionate main people hall How about taking the test? Anyone here have any experience with this? Pls. poast (http://www.autoadmit.com/thread.php?thread_id=2265641&forum_id=2#23280788) |
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Date: May 29th, 2013 8:33 PM Author: Puce crackhouse potus I took the test and got called for NYPD when I was 23. (http://www.autoadmit.com/thread.php?thread_id=2265641&forum_id=2#23294505) |
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Date: May 27th, 2013 9:40 PM Author: white sound barrier http://www.civilservicesuccess.com/SPD%20SALARY%20BENEFITS%202010.htm
The average salary and benefits of a current Suffolk County Police officer is over $160,000 a year.
70 days of time off per year |
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Date: May 27th, 2013 9:41 PM Author: amethyst heady reading party garrison WHY THE FUCK DO THESE FAGGOTS MAKE SO MUCH???????? (http://www.autoadmit.com/thread.php?thread_id=2265641&forum_id=2#23280824) |
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Date: May 27th, 2013 9:43 PM Author: passionate main people hall Average salary, meaning it excludes overtime? These guys make the papers every year by pulling in 240-300K a year with OT. (http://www.autoadmit.com/thread.php?thread_id=2265641&forum_id=2#23280841) |
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Date: May 27th, 2013 9:46 PM Author: white sound barrier basically double for night shift (http://www.autoadmit.com/thread.php?thread_id=2265641&forum_id=2#23280865) |
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Date: May 27th, 2013 9:47 PM Author: Cordovan house Your earlier link talked about having to work 12 days a month, 152 per year (http://www.autoadmit.com/thread.php?thread_id=2265641&forum_id=2#23280875) |
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Date: May 27th, 2013 9:49 PM Author: passionate main people hall NCPD=/= SCPD. (http://www.autoadmit.com/thread.php?thread_id=2265641&forum_id=2#23280891) |
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Date: May 27th, 2013 9:50 PM Author: Cordovan house Yeah I was just mentioning how little some of these people have to work (http://www.autoadmit.com/thread.php?thread_id=2265641&forum_id=2#23280903) |
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Date: May 27th, 2013 9:52 PM Author: white sound barrier 71 days
http://longisland.newsday.com/templates/simpleDB/?pid=346
basically work 12 hour shifts.. get paid overtime and night differential..
then use one of your 71 days of paid time off to recover.
retire in 20 years on overtime salary.. 80% of $250k |
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Date: May 27th, 2013 9:56 PM Author: white sound barrier (http://www.autoadmit.com/thread.php?thread_id=2265641&forum_id=2#23280953) |
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Date: May 27th, 2013 9:44 PM Author: Bearded plaza Are NYC cops required to live in NYC? That would explain the high wages but not the pensions. (http://www.autoadmit.com/thread.php?thread_id=2265641&forum_id=2#23280852) |
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Date: May 27th, 2013 9:47 PM Author: passionate main people hall The 42-year-old dood I did a closing for--the one with the MF $10K a month pension--lived in Lawn Guyland while he was with the cops. (http://www.autoadmit.com/thread.php?thread_id=2265641&forum_id=2#23280877) |
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Date: May 5th, 2014 10:08 AM Author: Dead shivering water buffalo no, they can live anywhere in NY State
most live on Staten Island and Long Island, and the farthest most suburban reaches of Brooklyn (Mill Basin and Bergen Beach). |
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Date: May 5th, 2014 11:28 AM Author: Walnut angry psychic Once you get to a certain rank you can park your car at the station or on certain blocks so the commute isn't that bad. (http://www.autoadmit.com/thread.php?thread_id=2265641&forum_id=2#25506042) |
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Date: May 27th, 2013 9:52 PM Author: Azure cowardly office It's vastly underreported that the pension system played a large part in contributing to America's fall.
lol, just lol @ millennials. |
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Date: May 27th, 2013 9:59 PM Author: scarlet space blood rage reporting that would imply shitlibs/dems have been bad guys/idiots. cant have that. (http://www.autoadmit.com/thread.php?thread_id=2265641&forum_id=2#23280977) |
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Date: November 10th, 2013 8:40 AM Author: scarlet space blood rage (http://www.autoadmit.com/thread.php?thread_id=2265641&forum_id=2#24408102) |
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Date: May 27th, 2013 9:55 PM Author: Bearded plaza You realize that most of these promises won't be kept? (http://www.autoadmit.com/thread.php?thread_id=2265641&forum_id=2#23280943) |
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Date: May 27th, 2013 10:06 PM Author: motley forum jewess we can only hope (http://www.autoadmit.com/thread.php?thread_id=2265641&forum_id=2#23281032) |
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Date: May 28th, 2013 12:04 AM Author: Cordovan house Link to any not being kept? (http://www.autoadmit.com/thread.php?thread_id=2265641&forum_id=2#23281945) |
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Date: May 28th, 2013 12:07 AM Author: motley forum jewess Everyone's watching to see what happens to Stockton:
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Date: November 10th, 2013 8:41 AM Author: scarlet space blood rage Stockton was full of out and out criminals (http://www.autoadmit.com/thread.php?thread_id=2265641&forum_id=2#24408105) |
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Date: May 27th, 2013 9:57 PM Author: Azure cowardly office Will all the fucking greed and "LOL, I GOT MINE" mentality I see every day I really wish there was a hell I could design for all these people. (http://www.autoadmit.com/thread.php?thread_id=2265641&forum_id=2#23280959) |
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Date: May 28th, 2013 12:16 AM Author: Bright arousing ticket booth double fault average cop iq is between 90 - 105 (http://www.autoadmit.com/thread.php?thread_id=2265641&forum_id=2#23282024) |
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Date: May 29th, 2013 5:48 PM Author: amethyst heady reading party garrison nevar forget (http://www.autoadmit.com/thread.php?thread_id=2265641&forum_id=2#23293455) |
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Date: November 10th, 2013 8:37 AM Author: passionate main people hall http://www.heartfeltleadership.com/in-action/2013/6/27/harvard-commencement-2013-jon-murad-nypd-mpa-13.html
NYPD cop with 2 Harvard degrees (UG and Grad). I'd guess that his IQ is on the higher end of the cop-IQ spectrum--prob. 105. |
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Date: November 10th, 2013 10:33 AM Author: Cordovan house (http://www.autoadmit.com/thread.php?thread_id=2265641&forum_id=2#24408397) |
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Date: May 5th, 2014 10:05 AM Author: soul-stirring tank school (http://www.autoadmit.com/thread.php?thread_id=2265641&forum_id=2#25505717) |
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Date: May 5th, 2014 10:12 AM Author: Exciting gay wizard REMINDER: this is all part of the shitlib plan (http://www.autoadmit.com/thread.php?thread_id=2265641&forum_id=2#25505733) |
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Date: May 5th, 2014 10:16 AM Author: Claret state long-term obligations is pretty much the worst thing a gov't can do. reading this shit is infuriating. (http://www.autoadmit.com/thread.php?thread_id=2265641&forum_id=2#25505748) |
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Date: May 5th, 2014 12:09 PM Author: judgmental candlestick maker point amerika is fucking done here (http://www.autoadmit.com/thread.php?thread_id=2265641&forum_id=2#25506205) |
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Date: May 5th, 2014 12:25 PM Author: Wine Toaster “I just went to work and figured when it was time to retire they would calculate it all out,” Lofton told CBS 2. “People like myself, we did our jobs and we paid into the system.”
State Rep. Jeanne Ives is pushing a bill that would eliminate all of the state’s current pension plans. “We have the worst unfunded pension liability in the entire United States,” she says.
Shitboomer Math: *consistently votes to cut taxes that provide revenue for pensions* *funds 62% of pension obligations* *indignantly declares he "paid into" and is entitled to 100% of pension covering 280% of his real final salary* |