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Post Info TOPIC: Proposed buy out for the PBA


Senior Member

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Proposed buy out for the PBA


is anyone reading on "The Rant" about this buyout being proposed to the PBA?  I dont think this is a good idea.



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Senior Member

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Yes, it's bad. If it passes, the 15 and up crowd would fly out the door. Why stay for 5 more years for no raises when you can cash out at 20/40 right away?  Mayor's way of forcing the old timers out the door.



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Senior Member

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I think it's bad all around. Mass exodus and 3 to years of money that should've went to your pension that would've earned interest.

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Senior Member

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Not to mention such a move would eventually bankrupt the pension fund, by paying advanced money out in early retirements. Its a scheme to bust the pension fund.



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Guru

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If it's on the rant, it must be true.

Yikes.

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Guru

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There isn't an active cop on the rant. That whole site is littered with racist old men that haven't put a gun-belt on in decades. If....if this is true...I think it's awesome. Do 21 years and get a 25 year pension? That extra 5 years adds a ton to your pension...so much that unless you're moving out of state or you have a great job lined up post-retirement, it's almost foolish not to do 25. Nevertheless...doesn't the state control the pension system? How would the city even be allowed to manipulate a state run pension system in such bizarre way?

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Senior Member

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The current PBA are a bunch of dumbasses to even think such a proposal should occur... guess people haven't read much about Detroit and their pension issues... Don't read into the rant, they are  just exactly what stiggity said, old angry jaded gun belt less old men...



-- Edited by TheFinest911 on Tuesday 11th of February 2014 04:24:45 AM

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Veteran Member

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What would happen to cops who vested 4 years ago or earlier who didn't get variable? ? Now this new contract which they retired out of contract would have years added to get them to 20 years..hence they should get variable now when before they knew the lose it by vesting. .now they have 20 years of service. .am I missing something with this...Also come out academy and have 4 years otj and only need 3 to take Sgt exam.so u could he Sgt with 1 year otj...This is turning out to be a **** sandwich that were gonna have to bite into

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Veteran Member

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I heard the PBA is getting 9 and 9



-- Edited by Wannabecaptain on Saturday 15th of February 2014 05:10:48 PM

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Guru

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I heard all New Captains are getting a piece of the weekend, a take home car, and new boots with the Capt insignia sewn on them



-- Edited by stiggityone on Saturday 15th of February 2014 05:53:21 PM

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Senior Member

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Really Stiggity or are you just messing around LoL...

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Senior Member

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lmfao, that was really good!



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Guru

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stiggityone wrote:

I heard all New Captains are getting a piece of the weekend, a take home car, a new boots with the Capt insignia sewn on them


 My sgt boots are still sitting in the box unused



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