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Old 08-08-2009, 04:21 AM
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Originally Posted by 20yearman View Post
We have whats called the pension Enhancement Fund. It starts off at a really small amount and builds when you retire. Its not much, but its better than nothing. As far as missing the boat on the VSF, its because our union tried to get it for every retiree as well as new retirees. In my opinion that was a bad move so we were denied it. I'm pretty sure the VSF is still on the table though. We could still get it as long as the money is there and the union agrees to the city's terms when its time to negotiate a new contract.
True, Scarlatos tried to hook up ALL the boys and the city said it was too much. 20yearman, what makes you think it's still on the table? My understanding was that it would have been offered under the same conditions as the Corrections... and that kicked the bucket. Corrections no longer have a VSF. There was not enough profit.

It's possible the Union created the "Pensions Enhancement Fund" because:

- We are never going to get the "real" VSF
- He saw Tier 5 coming
- He thought it was the responsible thing to do.

Our Pension Enhancement is funded by our own contract money. The city pumped a few million in there and that could have been used several ways.
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Old 08-08-2009, 07:22 AM
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Originally Posted by Kingcals View Post
the city was racking in the dough when the stock market was booming a few years ago they were taking the interest and all the other pension money and doing what they wanted with it so the issue of pension was never a problem now we lost billions because people inflated the stocks and its our fault its not FDNY NYPD DSNY its no ones fault....blame wall street and the billionaires....your gonna comapre someone who makes 30,000 a year living in NYC to a WALL STREET CHEAT who brings home 400k plus a year....dont always believe the news... they leave many things out of the story and look for the easiest target to blame....everyting in the paper is fabricated to some extent to draw readers what a better line to put on the front page to draw attention then "LOOK WHERE YOUR TAX DOLLARS ARE GOING"...

King im a Financial advisor currently and dude ... it has always bein big money on wall street and i would say for the FIRST time since honeslty the great depression you have companys so slow too the point where they are at the prices or lows when the company first went public...! Most of the major threats too the economy are not worried about anymore.. nationalizing banks.... once too big too fail companys failing.... well GM was ran horribly anyways getting off subject im 23 years old and when i saw a catastrophe of the markets and everyone and i mean EVERYONE lose there shirts so and speak even the city of newyork the market when from March 09 low of 6450 dow jones too closing friday 9,370!!! in 6 months! its unheard of... I am still a hard believer and will continue too say they have the money and are simply waiting ....I have excepted yes in this economy it may be another year it really may be which is unfortunate...But my dream was always too work for the DSNY and be a day trader and i still hope thats what lifes got in store cause i wouldent want it too be any other way...And your there are Wall Street crooks Bernie Madoff is probley the best example ..but you have to understand even with your investments... the old saying .."If its too good to be true,...It probley is..."and honeslty dont put all your eggs in one basket from what i know city jobs pay well .... and possibly even expand your investments beyond a 20 year pension...Goverment bonds etc etc i honeslty dont know why i posted right this hog wash but i guess im bored and i really enjoy everyone opinions and views on this forum and i hope to work with you guys one day ... ill stop blabering im out..p.s your right there is a vote for a new mayor in november and it will be mike bloomberg but we all see the negative side too things he may even higher instead of cut .... noone and i meant noone no analyst no guru not even warren buffet would of said the market would of recovered this fast.... =)
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Old 08-08-2009, 10:19 AM
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Does anyone have a idea how many san workers will retire in 2010.and how many they will hire.my list #is 1360,im hopein to get on the job in 2010.does anyone think i have a shot for 2010.
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Old 08-08-2009, 04:51 PM
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sunday dayline report from the other week...

2 trucks from my district, 1 from another district all leave from the same place. supervisor has to cover both districts and was from the other district. everything was bombed so all 3 trucks left out a few lines. this supervisor freaks out and calls the boro office. he holds the sheet out of spite and eventually lets everyone leave about 5 min before the end of shift. i get in on monday and one of the supervisors, being a jerk, tells me that it gets done every week among other things. first of all, it does not get done every week. the last sunday i worked i left out the same lines. if this supervisor just said that everything is clean like all the others do, there would be no problem. i was out there all day in 90˚ heat doing every single basket. im going to run it up so you will let me come in 5 minutes early? keep the 5 minutes. i hope i can get the same supervisor next time im up for the sunday!! that will be a fun day.
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