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Post Number: 1
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grassman
Group: Members
Posts: 3858
Joined: Mar. 2006
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Posted on: Jul. 09 2014,8:26 pm |
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I am wondering what everyone thinks about volunteer firemen requesting a retirement of $4,000 per year of service. This is NOT in the Albert Lea area!
-------------- git er done!
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Post Number: 2
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MADDOG
Group: Moderator
Posts: 7821
Joined: Aug. 2003
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Posted on: Jul. 10 2014,8:12 am |
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What part of the word "volunteer" don't they understand?
-------------- Actually my wife is especially happy when my google check arrives each month. Thanks to douchbags like you, I get paid just for getting you worked up. -Liberal
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Post Number: 3
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Post Number: 4
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grassman
Group: Members
Posts: 3858
Joined: Mar. 2006
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Posted on: Jul. 10 2014,9:34 pm |
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This is in Central Mn. Population of around 200. There are area contracts involved. They have $3000 per year already, now they get $4000. They also get $16 per hour when responding. This whole thing rubs me the wrong way. I know they are a needed entity to the area but...I feel it is a stretch. I have never had a retirement even close.
-------------- git er done!
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Post Number: 5
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grassman
Group: Members
Posts: 3858
Joined: Mar. 2006
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Posted on: Jul. 15 2014,8:52 pm |
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no input hmmm, sacred cow??
-------------- git er done!
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Post Number: 6
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Post Number: 7
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grassman
Group: Members
Posts: 3858
Joined: Mar. 2006
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Posted on: Jul. 16 2014,6:05 am |
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That is right. I have not received a pension that pays $4000 per year of service. Typical employer match is up to 6%. I asked around, most pay around $1400. The firemen themselves pay nothing.( over 20 firemen) The city pays $12000 to the pension per year already the rest comes from Firemen's Relief. Some communities pay nothing towards it. I agree, they are a necessary part of the city, but...the pension is based on the stock market, if it tanks the city is responsible(guarantee). On the bright side, the speaker for the pension said in that scenario, the city would not have to pay all at once, We could make payments.
-------------- git er done!
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Post Number: 8
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Post Number: 9
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MADDOG
Group: Moderator
Posts: 7821
Joined: Aug. 2003
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Posted on: Jul. 21 2014,5:07 pm |
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It's a little dated, but if you want to read up from the state auditor's office.
Pensions for Volunteer Firefighters
-------------- Actually my wife is especially happy when my google check arrives each month. Thanks to douchbags like you, I get paid just for getting you worked up. -Liberal
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