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Started By
Message
re: BRPD has a great retirement benefit.
Posted on 11/22/14 at 10:54 pm to McVick
Posted on 11/22/14 at 10:54 pm to McVick
quote:
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.
Au contraire. DROP caps the retirement system's liability three or five years earlier. Retirement systems love DROP, employees not so much.
This post was edited on 11/22/14 at 10:55 pm
Posted on 11/22/14 at 10:58 pm to Tchefuncte Tiger
quote:
I've been a civilian employee for the State Police for nearly 26 years, and I won't get NEAR the retirement benefits of the commissioned staff.
Honestly, not trying to be a dick but how often has your life been put into jeopardy in those 26 years as opposed to a trooper working on the road making thousands of traffic stops every year?
Posted on 11/22/14 at 11:40 pm to Layabout
If employees do no love DROP, they do not have to take it. EBR does not force their employees into retirement, and forces DROP at 70.5 years of age. I do not understand your argument.
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.
Posted on 11/22/14 at 11:47 pm to iwasthere
Posted on 11/23/14 at 12:02 am to gaetti15
A lot of ignorance in this thread. If I'm not mistaken, most of the OT is actually paid directly to the BRPD by the businesses/entities that need the cops or request the cops presence for security purposes. The cops then get paid back directly by BRPD from the funds paid to them by the stores, restaurants, etc that request them to work.
It actually costs the city nothing in terms of budgetary dollars on a day to day basis. Now how it impacts the retirement fund I'm not sure. Im no actuary and I've had about 8 snakebites tonight.
It actually costs the city nothing in terms of budgetary dollars on a day to day basis. Now how it impacts the retirement fund I'm not sure. Im no actuary and I've had about 8 snakebites tonight.
Posted on 11/23/14 at 12:03 am to Slinky
quote:
A lot of his pay comes from a grant.
Does his pension come from a grant?
No.
Posted on 11/23/14 at 12:26 am to ell_13
(no message)
This post was edited on 10/3/20 at 12:02 am
Posted on 11/23/14 at 2:05 am to okietiger13
We all make choices Barney, but that is not a factor in the pension plan.
Posted on 11/23/14 at 8:57 am to iwasthere
quote:
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.
Posted on 11/23/14 at 9:05 am to SPEEDY
I've learned to not even entertain the cop haters on this board. So fricking stupid and misinformed.
Posted on 11/23/14 at 9:08 am to Walking the Earth
Most retirement is calculated by base pay only,not including overtime. So BRPD's retirement is calculated by base pay plus overtime?
Posted on 11/23/14 at 9:09 am to toosleaux
quote:
So fricking stupid and misinformed.
referring to the cops, right?
Posted on 11/23/14 at 9:17 am to iwasthere
quote:
It is actually against the rules to come back from drop
Drop people don't go anywhere. Where are they coming back from? You could retire on day 1 of drop or work 27 more years after it.
Posted on 11/23/14 at 9:18 am to Saints72
quote:if enough overtime is available to double a salary, then they need to hire another officer
"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.
seems pretty simple to me
Posted on 11/23/14 at 9:23 am to Rouge
This kind of pension program is going to ruin it for the few pension programs remaining.
Posted on 11/23/14 at 9:43 am to kywildcatfanone
quote:
Govt employees at all levels, including cops, should have a similar retirement to private sector employees.
...or at least all goverment employees should be on the same, acutarially sound, system. A system like LSP Retirement that pays a retired employee 100% of their salary after 30 years is simply insane. I have former co-workers who retired before they were 50 who are brining in over $90K/year in retirement alone.
Posted on 11/23/14 at 10:04 am to Saints72
Most of the time, retirement is based off of your 3 highest base salary, not overtime. The reporter needs to check his facts. I have never heard of a pension that uses overtime in its formula.
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