TW: The old double dip is being taken to new levels in Florida. Apparently many state employees can "retire" for a month, then return with their old salaries plus a pension and in some cases a lump sum retirement payment as well. Nice.
From the St.Petersburg Times:
"It's a new crop of double dippers, taking advantage of a loophole in state law that allows them to "retire'' by taking 30 days off and return to work in their old jobs with a salary and a pension. Many also collect a lump-sum "retirement'' payment that can reach hundreds of thousands of dollars. At least 25 of those spending December at home were re-elected in November — sheriffs, property appraisers, court clerks and tax collectors, six circuit judges and one state attorney...
the state retirement system had about 8,000 members collecting paychecks and pensions at the same time. By June that number had risen to 9,397, and it's still growing...
Meggs [North Fl. State Attorney] said he simply changed his mind about plans to retire. "It's my cotton-picking money,'' he said of deciding to collect a lump sum benefit of $519,995, his $153,139 annual salary and a monthly pension of $7,749...
Bills to ban or limit double-dipping were introduced during last year's legislative session but none won approval. Lawmakers promise to try again this year..."
http://www.tampabay.com/news/politics/article950391.ece
No comments:
Post a Comment