[Oldexpat]

Pension spiking is endemic in most cities, counties and states, but the information has been closely held and wasn’t of a lot of interest until the systems turn up broke due to the increases in salaries and a financial downturn.
The people managing the system are the ones who benefit most..so why would they tell us what they are doing?
This is why I am in favor of drastic solutions..we must force public employees into a more responsible pay and benefit program..even if it means strikes and bankruptcies.

[Carry_Okie]

This is why I am in favor of drastic solutions..we must force public employees into a more responsible pay and benefit program..even if it means strikes and bankruptcies.

Or civil unrest. Unionized police and firemen today face risks that are a far cry less than the historic values that once justified their "hazard pay."

[boop]

The dirty little secret is that for the po' workin' man police officer/assistant superintendant/school janitor to collect on their 100K/yr pensions it takes millions of dollars per person to GENERATE that money.

If there's a retirement program that will pay me even a 50%fraction of my income in retirement, LET ME KNOW ABOUT IT.

I'd invest in a second.

[TurboZamboni]

Most republicans won’t touch police and fire...even Walker exempted them in WI.