Banned for Life
Banned
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"Butch Lewis" will never get passed because TAX payers need some tax relief. After 11 years of cheap money, deficit spending, soaring stock market and low unemployment. Local and state governments are still raising taxes, despite soaring tax revenue, to bail out public pensions.
One reason public pensions are not funded is double dipping. Police and Firemen have the D.R.O.P. program. Retire, go back to work and have your pension go into an interest bearing account. After 8 years walk off, with half a million to a million in the bank. Teachers retire in June get rehired in August, right back to the same class room. A far cry indeed, from Teamster Pension reemployment rules.
One reason public pensions are not funded is double dipping. Police and Firemen have the D.R.O.P. program. Retire, go back to work and have your pension go into an interest bearing account. After 8 years walk off, with half a million to a million in the bank. Teachers retire in June get rehired in August, right back to the same class room. A far cry indeed, from Teamster Pension reemployment rules.