Beyond tiresome would be some DU like post of a guy who died 13 years ago, to shut down a discussion of government unions controlling big city politics and looting tax payer money.
“The average annual pension for a member of the city’s Bravest (fire person) who retired in 2010 was $89,177”
““Right now, we are paying full retirement benefits to people in their 40s,” Mayor Bloomberg cautioned. “As people are living longer, we simply can’t afford to do it forever.
“Our pension system is one of those areas where spending has grown to an unaffordable rate. And we simply have to find a way to rein it in.”
City figures show cops and firefighters actually live longer than other municipal workers.
Uniformed city workers can start collecting after 20 years, while others have to wait until their normal retirement age.”
“An average 42-year-old male firefighter has a life expectancy of 81, according to mortality tables from the New York City Office of the Actuary. A 42-year-old cop can expect to live to 80.
Because many cops and firefighters retire in their 40s, that means they might collect 40 years of pension checks – topping $2 million apiece.
In comparison, an average paper-pushing city clerk or traffic officer who is now 42 has a life expectancy of only 77.”
Shame he skewed the actuarial tables, eh sport?