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Old 02-20-2012, 07:02 PM
 
Location: Nassau, Long Island, NY
16,408 posts, read 33,303,161 times
Reputation: 7340

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Big $320K per retiring officer giveaway on top of the 6 figure pension and free medical for life that is supposed to "save" the dumb sitting duck taxpayers money. If we're so broke, why the giveaway? They have to retire sometime and most of them do it sooner rather than later anyway. I bet a lot of the yahoos hating on Mangano and acting like he invented patronage positions and is endangering Nassau by closing a few buildings are eating their words right now, hmm? See? Uncle Eddie loves you too! You're getting your piece, it's only the taxpayers who get it in the rear! Only those in the loser unions who aren't cops hate him now.

Cop retirement plan could save Nassau $20M
Top Stories Item

Quote:
Breaking it down: What's in the plan

What a hypothetical retiring 20-year veteran making $120,000 (base pay, shift differential, holiday pay and longevity pay) would get under this plan:

2.5 times salary: $300,000

$1,000 for each year of service: $20,000

Total payout: $320,000
I'd rather not "save" the $20M and let them retire on their own. Most will retire early anyway and become double dippers until their real retirement age.
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Old 02-20-2012, 08:07 PM
 
939 posts, read 1,844,891 times
Reputation: 509
Quote:
Originally Posted by I_Love_LI_but View Post
Big $320K per retiring officer giveaway on top of the 6 figure pension and free medical for life that is supposed to "save" the dumb sitting duck taxpayers money. If we're so broke, why the giveaway? They have to retire sometime and most of them do it sooner rather than later anyway. I bet a lot of the yahoos hating on Mangano and acting like he invented patronage positions and is endangering Nassau by closing a few buildings are eating their words right now, hmm? See? Uncle Eddie loves you too! You're getting your piece, it's only the taxpayers who get it in the rear! Only those in the loser unions who aren't cops hate him now.

Cop retirement plan could save Nassau $20M
Top Stories Item



I'd rather not "save" the $20M and let them retire on their own. Most will retire early anyway and become double dippers until their real retirement age.
You'll have to explain to us all how a legitmately retired police officer is somehow a "double dipper" in your mind. I'm willing to bet that you really don't know what the term means, princess. But not understanding words or concepts has never stopped you before, has it?
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Old 02-20-2012, 08:09 PM
 
128 posts, read 251,472 times
Reputation: 165
between this giveaway and the Pro Pba burglary articles depecting nassau crime as out of control, I think they are using taxpayer monies for briberies.
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Old 02-21-2012, 06:57 AM
 
13,511 posts, read 17,034,476 times
Reputation: 9691
Double dipping? That's nothing. A friend of mine has 3 pensions coming to him, 1 federal, one state, and one town. Triple dipping is the new double. Once you get your nose into this taxpayer feeding trough, you can really do quite well for yourself.
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Old 02-21-2012, 07:04 AM
 
2,630 posts, read 4,997,457 times
Reputation: 1776
Too funny. Who knew joining the force would lead to Goldman Sachs style severances (plus the pension and lifetime medical)? My wife and I can't stop kicking ourselves. We still toil at the $100k mark while our friend the Lt. makes $206k and our 4th grade teacher pal makes $145k for 181 days yr. Plus the bennies.

Frankly, over dinner I would like to tell them we have to let them go. We just can't afford to pay them anymore and their particular productivity and skill set does not warrant the excessive salary. Sorry. It's just business. No 2 1/2 times salary. Maybe a gold watch.
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Old 02-21-2012, 07:05 AM
 
3,939 posts, read 8,973,207 times
Reputation: 1516
ILLIB, how DARE you speak out against our overlords?
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Old 02-21-2012, 07:41 AM
 
13,511 posts, read 17,034,476 times
Reputation: 9691
Quote:
Originally Posted by mongoose65 View Post
Too funny. Who knew joining the force would lead to Goldman Sachs style severances (plus the pension and lifetime medical)? My wife and I can't stop kicking ourselves. We still toil at the $100k mark while our friend the Lt. makes $206k and our 4th grade teacher pal makes $145k for 181 days yr. Plus the bennies.

Frankly, over dinner I would like to tell them we have to let them go. We just can't afford to pay them anymore and their particular productivity and skill set does not warrant the excessive salary. Sorry. It's just business. No 2 1/2 times salary. Maybe a gold watch.
"Sounds like you choose the wrong career path."

Sorry, just acting as a PBA/teachers union surrogate. You know, you really have to be a MENSA member to decide to feed at the taxpayer trough.
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Old 02-21-2012, 08:16 AM
 
939 posts, read 1,844,891 times
Reputation: 509
As usual, our small group of resident police critics has taken a snippet of incomplete information from that famously accurate local newspaper and run with it to the point of complete hysteria.

To set the record straight, the Newsday article fails to mention that the proposed payout (and in particular the example cited) depends solely on the amount of days that an individual officer has banked throughout his twenty year career. If he has not banked unused vacation, comp time or sick leave, his payout will be substantially lower than the cited example. There is no automatic payout of 2.5 times base salary. Period.

Now let the nonsense begin ...
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Old 02-21-2012, 08:18 AM
 
8,679 posts, read 15,267,934 times
Reputation: 15342
Who hates Ed Mangano? The same people who hated him before. Several dozen police officers retiring on an incentive will not undo everything else to come out of the Nassau County Executive's Office over the last 6 months.
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Old 02-21-2012, 08:19 AM
 
Location: Long Island, N.Y.
119 posts, read 257,506 times
Reputation: 73
Quote:
Originally Posted by mongoose65 View Post
Too funny. Who knew joining the force would lead to Goldman Sachs style severances.
If Goldman Sachs is really giving out those kinds of severances now, then I really have to give them props for substantially lowering it to something reasonable.
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