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It's amazing that a whiny firefighter is complaining about pension cost increases. Don't you even understand how the pension payments work?

Talk to Scotty at RIPTA. He will describe the infamous "SELF-CORRECTING" mechanism. And that is when the unfunded liabilities increase because guys are walking out with $70 to $80 K pensions, that in 20 years will be at $150K a year and every last dollar they put into the system they will get back in 2 years of retirement, the amount of annual payments into the system need to increase - and the Taxpayers pay 2/3 of the increased cost and the overall cost and firefighter pay 1/3 of the increase and overall cost. Not a bad deal when you're walking out with free lifetime healthcare and a pension worth $3 to $4 million for contributing as little as $200 grand into the system over your entire employment.

And for the newer hired firefighter, if you actually believe you will get these same benefits when you retire - keep dreaming. The older guys don't give two SH#TS about your benefits and at some point, maybe a decade down the line or sooner, the reality check will arrive.

BTW Feds have been interviewing many people! Que the Theme Song!!

https://www.youtube.com/watch?v=KIT-aCOypjM

From: Firefighter pact would save millions: Mayor

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