- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: BRPD has a great retirement benefit.
Posted on 11/22/14 at 9:13 pm to iwasthere
Posted on 11/22/14 at 9:13 pm to iwasthere
Except that when person who has elected to take DROP comes back to work they block someone else from working in the system. I am not a fan of DROP for that reason. Sure, it is only for up to five years, but that is five years where investment in the employee does not happen. The people taking DROP are lame ducks in the government workforce.
I only envision the extremes where either too many people will take DROP over an extended period of time and not save the money it is intended to save, or too many people will take it too early in their careers and be screwed 30 years down the road due to piss poor money management. Too many people in the second scenario will lead to a change in how the program operates and screw over the future generations.
Plus, in many cases earned but unused sick time can be used in the calculations towards DROP.
Disclosure- I am young and am not counting on Social Security to exist when I reach retirement age. Yes, I realize that SS and government pensions are not the same but I believe that the younger generations will get screwed over one way or another.
I only envision the extremes where either too many people will take DROP over an extended period of time and not save the money it is intended to save, or too many people will take it too early in their careers and be screwed 30 years down the road due to piss poor money management. Too many people in the second scenario will lead to a change in how the program operates and screw over the future generations.
Plus, in many cases earned but unused sick time can be used in the calculations towards DROP.
Disclosure- I am young and am not counting on Social Security to exist when I reach retirement age. Yes, I realize that SS and government pensions are not the same but I believe that the younger generations will get screwed over one way or another.
This post was edited on 11/22/14 at 9:21 pm
Posted on 11/22/14 at 11:42 pm to McVick
It is actually against the rules to come back from drop. Now, some people do get asked to come back. When this happens(and doesn't happen often), they no longer are in the retirement system and therefore do not pay in or get extra benefits. If they do for some reason, it is a violation against the la and is fraud. If you have proof of this, you can report it and get them in trouble.
Popular
Back to top
Follow TigerDroppings for LSU Football News