NY Fire Dept. year 2014 retirees are getting $100,000/yr. pensions (illegal, Marines, brainwash)
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You have not been paying attention to what has been going on in Illinois have you?
Until very recently, the Illinois employee percentage was under 2% (now it's 18%, and employees are dropping the defined benefit plan in droves for the defined contribution plan)
I'm not seeing that. Almost all are under 10%, and many are under 5%:
Everyone should get their piece of American pie, before there is none left. People in power are ensuring there won't be.
It's not just NYC.
Most municipalities are challenged to meet their pension obligations.
Something is going on in Dallas whereby the city decided to pay firefighters less than other municipalities in the area in exchange for a " gold- plated retirement plan.
Be aware that Plano, Texas starts fire fighters at about $ 20,000 more a year than NYC despite a substantially lower cost of living in Plano. It appears they may have realized it was less costly in the long run to pay well while firefighters are active instead of generous retirement benefits after 20 years of service.
I agree, the pensions should be based on where you reside in retirement. So if you retire in Florida you get $40K, Costa Rica $10K etc.
Will never happen. They have the politicians wrapped around their fingers. Democrats and corruption remember?
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