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Started By
Message
BRPD has a great retirement benefit.
Posted on 11/22/14 at 7:21 pm
Posted on 11/22/14 at 7:21 pm
"Baton Rouge Police Officer Dominic Distefano II made $61,000 in 2008. By 2011, he’d almost doubled those earnings, and in 2013, he made $135,223.
Distefano’s base salary didn’t exceed $60,000 over all these years, but he earned much higher pay by bulking up on his overtime hours, according to police salary and overtime data spanning six years.
The officer of 24 years is nearing eligibility for retirement. After 25 years, he can either retire or enter the popular deferred retirement program for public employees, at which point his retirement benefit will be calculated.
At the current rate, DiStefano could receive an annual retirement payment of almost $100,000 a year for the rest of his life."
theadvocate.com
Distefano’s base salary didn’t exceed $60,000 over all these years, but he earned much higher pay by bulking up on his overtime hours, according to police salary and overtime data spanning six years.
The officer of 24 years is nearing eligibility for retirement. After 25 years, he can either retire or enter the popular deferred retirement program for public employees, at which point his retirement benefit will be calculated.
At the current rate, DiStefano could receive an annual retirement payment of almost $100,000 a year for the rest of his life."
theadvocate.com
19
Posted on 11/22/14 at 7:22 pm to Saints72
Ridiculous.
Posted on 11/22/14 at 7:22 pm to Saints72
If you like their retirement plan so much, maybe you should have been a cop
Posted on 11/22/14 at 7:23 pm to Saints72
I hope all that overtime coincides with a huge reduction of crime...or maybe it coincides with inspection sticker checkpoints.
Posted on 11/22/14 at 7:26 pm to Saints72
Overtime = sleeping in your car outside of Walgreens.
Posted on 11/22/14 at 7:27 pm to iAmBatman
Yeah, a lil late for me now...lol. But had I known that I could get $100,000 a year in retirement at the age of 45ish
Posted on 11/22/14 at 7:27 pm to Saints72
quote:
popular deferred retirement program for public employees, at which point his retirement benefit will be calculated.
they take the average of the last three years salary then use that as what you get as a stipend...
this is supposed to prevent this type of scenario from happening, but some people are just more connected than others.
You see this in every department of the state government, especially the law enforcers (staties and wlf)
This post was edited on 11/22/14 at 7:28 pm
Posted on 11/22/14 at 7:30 pm to iAmBatman
quote:
If you like their retirement plan so much, maybe you should have been a cop
I think if they would publicize it, they would be getting a hell of a lot more applications and could increase their talent pool.
This post was edited on 11/22/14 at 7:36 pm
Posted on 11/22/14 at 7:31 pm to Saints72
Damn. That's a nice chunk for being a straight up dick all day everyday.
Posted on 11/22/14 at 7:36 pm to Saints72
DROP will be the leading cause of death for the current state/local retirement system. And not just here in Louisiana but across the country.
Posted on 11/22/14 at 7:36 pm to BRgetthenet
Oh, so you know him? Or, are you being a dick by calling him one without even knowing who he is?
Posted on 11/22/14 at 7:36 pm to BRgetthenet
What do you make being a dick?
Posted on 11/22/14 at 8:10 pm to Saints72
These types of ridiculous benefits are why local and state governments are going broke. We have the same issues here, except it's 20 years, not 25.
So a cop here can retire in his early 40's and draw a paycheck for life. Should have to work 30 years for those benefits.
These retirement plans need to change to more of a 401K type plan than a pension at all levels of government.
So a cop here can retire in his early 40's and draw a paycheck for life. Should have to work 30 years for those benefits.
These retirement plans need to change to more of a 401K type plan than a pension at all levels of government.
Posted on 11/22/14 at 8:10 pm to Saints72
Some depts put rules in place to stop officers from doing this by limiting over time.
When Baton Rouge gets a new mayor president they need to look at hiring a chief from a stricter dept to curve abuses in over time.
Some depts do not allow extra duty compensation such as working security at a private event, construction jobs, and escorting of oversized loads to be paid out as over time or go toward your retirement calculation.
When Baton Rouge gets a new mayor president they need to look at hiring a chief from a stricter dept to curve abuses in over time.
Some depts do not allow extra duty compensation such as working security at a private event, construction jobs, and escorting of oversized loads to be paid out as over time or go toward your retirement calculation.
This post was edited on 11/22/14 at 8:16 pm
Posted on 11/22/14 at 8:11 pm to Saints72
It's not uncommon for cops to make over 100k by working a lot of overtime.
Posted on 11/22/14 at 8:12 pm to livewire
I don't have a single issue with this. If the man wants to put in the time to mal his retirement then so be it.
I asked my cousin and there retirement is like 81% of the 3 highest years so if an officer only made $75,000 as the highest 3 and worked zero overtime, the retirement monthly check would just slightly over $5k a month gross. After taxes and insurance, that officer would only get like $4,000 a month to have to make it on.
If an officer gets hired at 25 and then retires at 55, who the heck wants to HAVE to work for a second retirement starting at 55. That's BS after putting in 30 years somewhere
I don't blame any officer for make what money they can. It's smart
I asked my cousin and there retirement is like 81% of the 3 highest years so if an officer only made $75,000 as the highest 3 and worked zero overtime, the retirement monthly check would just slightly over $5k a month gross. After taxes and insurance, that officer would only get like $4,000 a month to have to make it on.
If an officer gets hired at 25 and then retires at 55, who the heck wants to HAVE to work for a second retirement starting at 55. That's BS after putting in 30 years somewhere
I don't blame any officer for make what money they can. It's smart
Posted on 11/22/14 at 8:13 pm to johnnyrocket
quote:
to curve abuses
The gift that keeps on giving....
Posted on 11/22/14 at 8:15 pm to RogerTheShrubber
quote:
Posted by RogerTheShrubber It's not uncommon for cops to make over 100k by working a lot of overtime.
This frick boy claimed to work well over 50 hrs OT per week
LINK
Posted on 11/22/14 at 8:17 pm to Fat and Happy
quote:
If an officer gets hired at 25 and then retires at 55, who the heck wants to HAVE to work for a second retirement starting at 55. That's BS after putting in 30 years somewhere
Well, not retiring at 55 is an option, too.
quote:
I don't blame any officer for make what money they can. It's smart
I agree. That's why it's on the municipality to make sensible rules (easy and quick adjustment: only base salary counts in the computation) and the chain of command to enforce them.
Money isn't infinite.
Posted on 11/22/14 at 8:17 pm to RogerTheShrubber
You guys need to not confuse overtime and extra duty.
Overtime is on-duty extra hours paid by the department for things like checkpoints and special patrols.
Extra Duty is off-duty extra hours paid for by private dollars for police presence. Such as the dude sitting in front of WalMart.
Legit OT (which counts towards retirement) is much harder to get than extra duty. But, yeah, there is a history of abusing the system to get huge retirement benefits. Go to NetFlix and look up a 1980's movie with Richard Gere called "Internal Affairs" that is about the LAPD and them manipulating OT and Extra Duty to get big salaries.
Overtime is on-duty extra hours paid by the department for things like checkpoints and special patrols.
Extra Duty is off-duty extra hours paid for by private dollars for police presence. Such as the dude sitting in front of WalMart.
Legit OT (which counts towards retirement) is much harder to get than extra duty. But, yeah, there is a history of abusing the system to get huge retirement benefits. Go to NetFlix and look up a 1980's movie with Richard Gere called "Internal Affairs" that is about the LAPD and them manipulating OT and Extra Duty to get big salaries.
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