Scot Peterson, disgraced Parkland school cop, starts getting $8,702-a-month pension

Posted by $ nickursis 5 years, 10 months ago to Government
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Here is a great example of the looter mentality, never mind the guy was useless as a cop, but consider that military people will get an average of maybe 2500 a month at 20 years and while this guy did 33 years, he gets a whole lot more. Now multiply this by thousands of people and then extrapolate it to a really large state, and you can see why states are in the hole billions on retirements. I mean, I get 1750 a month after 20 years active duty and 10 reserves (you have to do 10 reserve years where you dont have to do anything) and I started at 1395.00. The idea a retirement pension needs to replace your salary is not sustainable and the governments have to wake up to this. The problem is, the lobbys are so powerful and they align to whoever will keep the gravuy train running. Grapefruit, anyone?
SOURCE URL: http://www.foxnews.com/us/2018/05/15/scot-peterson-disgraced-parkland-school-cop-starts-getting-8702-month-pension.html


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  • Posted by freedomforall 5 years, 10 months ago
    Broward county must have a massive pension deficit problem in the making. Their school system has the largest deficit in FL.
    Peterson may have made the spur-of-the-moment choice that retirement was better than risking his life to defend the helpless. Rewarding such a decision is patently inequitable.
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    • Posted by $ 5 years, 10 months ago
      This is true across the country and it is the "issue who name shall not be spoken", the third rail, the elctro shock issue. The Dumbocraps have made it, bought votes with it, the sheep keep re electing the same looters over and over....ugh...
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  • Posted by GaryL 5 years, 10 months ago
    Most state pensions are based on the FAS, Final average Salary of the highest 3 years at 50% after 20 or 25 years of service. More years worked can add to the percentage and in some states overtime pay is figured into the FAS. This useless POS probably did 30+ years and likely he worked every hour of OT he could get toward the end. So if he did 30 years, retired at 60% and worked OT for a FAS of $175,000 he would retire at $105K or $8,750/month.
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    • Posted by $ 5 years, 10 months ago
      Yes, well the military has a really good deal, you get 50% of your Base pay, which was usually only 50% of your total pay, so you retired at 20 years as an E7, submarines, at sea, getting all the sub pay, sea pay etc, making about 38K a year (1996), yet your Base was 3400, so you got 1200 a month. That is why their pensions system is such a wreck, it does not equal the military at all, as they have no "base pay".
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  • Posted by Herb7734 5 years, 10 months ago
    I don't blame Peterson. It takes a certain kind of person to be a street cop. Peterson should have been known for what he was. They take enough different tests and heve meticulous records so his superiors should have known what kind of person he is. Older, out of shape, near retirement, as opposed to young, fit, newbie, out to make a name. Of the two, which do you want guarding your kids? Give the guy a desk jockey job until he collects his pension and put the eager beavers outside. Don't have eager beavers? You're hiring the wrong people.
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  • Posted by term2 5 years, 10 months ago
    I think the whole idea of retirement programs should be scrapped. Pay for the work that is done, NOW. Let the employee save and figure out their OWN retirement program. Pay later type retirement programs makes us all think we are paying less for the services we get, because we are just running up a tab.

    I hope all retirement programs are scrapped, and then this situation would never come up in the first place.
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    • Posted by $ 5 years, 10 months ago
      Will never happen, compeltely, instead it will get masqueraded as "401K". The military has forced most onto a 401K system where they do a 1 for 2 match. If you do not choose to pay into it you get 0, and they give 0.
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      • Posted by term2 5 years, 10 months ago
        Well, at least it’ sounds like it’s more pay as you go for the employers, which gets rid of the unfunded liability. Now, do that with social security and Medicare. What you put in is what you get out
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  • Posted by $ allosaur 5 years, 10 months ago
    $8,702 A MONTH for a retired cop??!! That might be about how much my retired (graduated Magna Cum Laude) Lockheed-Martin engineer (who had something to do with the Stealth fighter) makes. Just guessing because he does not talk about it and I never ask.
    The Retirement Systems of Alabama sends this me dino age 71 retired corrections officer a full pension of $900 less than that stated $2,500 a month for military retirees. Also receiving money from the SS, doing some security guard work despite limping around and staying out of debt was how I got by until I inherited a sizable amount of money plus stocks and bonds
    That's how me a scared dino was able to buy a 9mm carbine with a custom-made AR-15 frame and two 30 round clips when the projected to win The Evil Hag POTUS candidate said , "I dream of open borders." I also used a check to fully pay for a one-year-old used car needed by a disabled son and I still have plenty more stashed away with also more coming in from time to time.. .
    When the inheritance money first came rolling in from diverse sources, me dino also bought a CD and played this song a lot in my car for the first month or so~
    https://www.youtube.com/watch?v=pp4su...
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    • Posted by Solver 5 years, 10 months ago
      Government can afford it. Government can afford anything. And that’s the problem.
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      • Posted by $ allosaur 5 years, 10 months ago
        Problem? What problem?
        http://www.usdebtclock.org/
        While the Royal Obamanation reigned over his regime years ago, I was watching The Five on Fox when that old lib who wore colorful suspenders was included.
        He shrugged when asked about the rocketing national debt and spoke on like it was nothing.
        That's how the National Debt is viewed on Capitol Hill. With shrugs. Who cares? We have money we need to print~oops!~I mean, we have money need to spend.
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        • Posted by Solver 5 years, 10 months ago
          That’s something for ANOTHER generation to deal with. Just one of the dark secrets of collectivism.
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          • Posted by $ allosaur 5 years, 10 months ago
            LOL! Yeah, ANOTHER generation will likely deal with that by leaving it to YET ANOTHER generation to deal with. ANOTHER! ANOTHER! AND ANOTHER!
            $21 trillion now? How about $210 trillion later?
            What's da bid?
            $410 tril goin' tuh $810 tril a-goin tuh $2,100 tirl! sold out American!
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