Sarasota set to cut police pensions - Page 2
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  1. #11
    Guest

    Re: Sarasota set to cut police pensions

    A crippled disabled vet. Well he was a vet, but only became disabled after he was out of the service. He used drugs and crashed his vehicle, and then became disabled. A real American Hero.... but he could not follow orders, as a cop ordered him to stop and he didn't, so he was arrested. He was not hit, kicked, or mistreated, but many would like to think he was,,, a Real American Hero.............makes me sick just like you do....

  2. #12
    Guest

    Re: Sarasota set to cut police pensions

    Public Perception.

  3. #13
    Guest

    Re: Sarasota set to cut police pensions

    Don't blame snyder spd has been going down for years everyone knows this spd is a dump now other then the new building which Sso will be taking over soon. If I was starting out frs is the way to go and at a sheriffs office!!!

  4. #14
    Guest

    Re: Sarasota set to cut police pensions

    Been to the Adams house several times looking for her on the warrants. She is a nut case. IP on her computer shows she is a busy person.

  5. #15
    Guest

    Re: Sarasota set to cut police pensions

    Best thing for the city and taxpayers is to get rid of the pension and switch to a 401k type investment plan with a match. This would take the taxpayers permanently off the hook for any pension shortfalls caused by low investment returns or failing to contribute adequate amounts. Let employees be responsible for their own retirement like in the private sector.

  6. #16
    Junior Member
    Join Date
    Jun 2012
    Posts
    18

    Re: Sarasota set to cut police pensions

    Guest you must not understand how pensions work, yes there are shortfalls now b/c the market is down. No one compalined when the returns were 15 plus percent. Now that it has finally lost money everyone screams reform. The market will recover it has done this since the market was created. Also your 401k remark, currently most departments don't match any contribution until an officer reaches 10 years of service. Also most department contribute nothing to social security because they offer a defined contribution plan. Companies that offer 401k programs will match between 4 - 6 percent of the employees salary. Also employers not offering a "pension" are forced to pay in 6.2 percent into social security. Basically employers not offering a pension pay 10.2 -12.2 percent of an employees salary into "retirement" from day one. The pension you are speaking off pay between 8-16 percent of salary after an employee works 10 years. Cities will spend much more money and attract fewer applicants this way.

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