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Retirement plan for Paterson
cops, firefighters puts four-
year tab at $11 million

Paterson Press [NJ], by Joe Malinconico

Original Article

Posted By:Ribicon, 2/7/2014 10:12:34 PM

Paterson – City officials are planning to borrow $1.65 million to pay nine firefighters and eight police officers for unused leave days when they retire. This would represent the fourth consecutive year in which Paterson has borrowed money to pay severance to retiring firefighters and police officers at a total cost of more than $11 million over that time. “The budget can’t support this, so you have to borrow it, which means your children end up paying for it eventually,” said Council Finance Chairman Kenneth Morris. “Paterson needs to do a better job managing these costs,” said Councilman William McKoy.

Comments:
These 17 hero public servants each get an average bonus of $97,059 on retirement, for not using their generous allotment of sick days. Meanwhile, the slobs who pay the taxes work plenty of free overtime and go to work sick, lest the guy in the next cubicle takes his job.

      


Post Reply  

Reply 1 - Posted by: TXknitter, 2/8/2014 1:27:34 AM     (No. 9724114)

You wonder why there have always been stacks and stacks of applications for fire and police departments every year? They are bankrupting the good citizens. Yeah, real public "servants."

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Reply 2 - Posted by: jerseytomato, 2/8/2014 4:57:29 AM     (No. 9724142)

Paterson was once a beautiful community. Now, it´s referred to as ´Little Pakistan.´

Another fine example of NJ ´entitled´ public servants.

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Reply 3 - Posted by: Trigger2, 2/8/2014 6:13:46 AM     (No. 9724176)

It´s way beyond time for states to seriously change the way unions get rich off the taxpayer. The cure: Prohibit goobermint unions.

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