The Daily Gazette
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Stop counting OT for pensions

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They're not bad people, those police and firefighters in Schenectady (and many other municipalities) who pad their pensions in their final years by loading up on overtime. They're just taking advantage of a bad system. There is a simple, and perfectly fair, remedy: Eliminate overtime from the pension calculation and calculate solely on base pay, as California and some other states have done. As a story by Gazette reporter Kathleen Moore on Sunday showed, some ...

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September 4, 2013
1:02 p.m.

[ Flag Post ]

This is a no brainer and the Legislature should go for the constitutional amendment.

September 4, 2013
4:11 p.m.

[ Flag Post ]

It used to be that people took jobs with municipalities even though the pay was low, but the benefits were good and they'd get a good pension if they stuck it out. Often they got the job because of someone they knew or who they helped get elected, not because of their ability to perform the job. But in those days, good benefits and a pension were miniscule compared to today, and the cost was somewhat manageable. It has become a greed game and the hell with the taxpayers. The politicians are in on the game so what incentive do they have to change it? And they wonder why cities declare bankruptcy. That is the only way to solve this pension greed problem. But then everyone loses, especially the pensioners.