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$8,702

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$8,702

Postby RandyinTN » Fri May 18, 2018 6:58 am

Is the amount the cowardly SRO from the Parkland shooting will receive a month for his retirement pay. He should of been fired and state of Florida should be embarrassed.
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Re: $8,702

Postby Hunter 257W » Fri May 18, 2018 8:27 am

There's something wrong with that amount. There is no way a police officer in Florida gets $104,000 a year pension. That would mean their regular salary far exceeds that amount. If that's true I've been lied to a lot of years about low pay for officers.
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Re: $8,702

Postby TNGRIZZLY_ » Fri May 18, 2018 10:16 am

:bash:
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Re: $8,702

Postby RandyinTN » Fri May 18, 2018 11:23 am

The amount isn’t wrong according to other LEO’s on different forums. I was told he got an average of his 3 highest years and during the last 3 years he worked as much overtime as possible to maximize his retirement. Which is actually more than what we would normally make.
Why do you think most states are going broke paying pensions for LEO’s, fire fighters, etc ?
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Re: $8,702

Postby TennesseeBob » Fri May 18, 2018 11:35 am

Depends on the retirement system they use and most would be surprised what kinda pay Leo can make in different parts of the country,
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Re: $8,702

Postby eightpointer » Fri May 18, 2018 12:42 pm

My high 3 is computed on my high 3 years of regular salary . OT is not included in that.
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Re: $8,702

Postby Andy S. » Fri May 18, 2018 12:47 pm

RandyinTN wrote:I was told he got an average of his 3 highest years and during the last 3 years he worked as much overtime as possible to maximize his retirement.
Interesting, never heard of overtime pay being used to calculate retirement benefits.

Overtime is not used in our calculations (Federal Gov't) for high three.

"High-3 Average Salary

Your “high-3” average pay is the highest average basic pay you earned during any 3 consecutive years of service. These three years are usually your final three years of service, but can be an earlier period, if your basic pay was higher during that period. Your basic pay is the basic salary you earn for your position. It includes increases to your salary for which retirement deductions are withheld, such as shift rates. It does not include payments for overtime, bonuses, etc. (If your total service was less than 3 years, your average salary was figured by averaging your basic pay during all of your periods of creditable Federal service)."
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Re: $8,702

Postby Bambi Buster » Fri May 18, 2018 1:04 pm

Andy S. wrote: .... Interesting, never heard of overtime pay being used to calculate retirement benefits.......


The practice is not uncommon with many state and local agencies.
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Re: $8,702

Postby Andy S. » Fri May 18, 2018 1:10 pm

Bambi Buster wrote:
Andy S. wrote: .... Interesting, never heard of overtime pay being used to calculate retirement benefits.......
The practice is not uncommon with many state and local agencies.
Never knew that. I wish the Feds would adopt it. :)
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Re: $8,702

Postby LanceS4803 » Fri May 18, 2018 6:13 pm

I read this a few days ago. He is going to make $104k a year in retirement.
Last year he made $101K.
He is going out at 100%+ retirement.
How do you make more in retirement than regular (even counting OT and "compensation"?)

http://www.sun-sentinel.com/local/broward/parkland/florida-school-shooting/fl-florida-school-shooting-scot-peterson-pension-20180515-story.html
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Re: $8,702

Postby pass-thru » Fri May 18, 2018 6:52 pm

Uncle Sugar is a big welfare tit for a lot of "employees" that sit around and get fat surfing the internet all day munching on junk food in their row of cubicles.

This particular "officer" was known to talk about putting in time waiting to get to a retirement.
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Re: $8,702

Postby Hunter 257W » Sat May 19, 2018 8:30 pm

I don't believe for a minute that a law enforcement officer gets a pension that equals their high 3 years salary. Pensions are always lower than your salary. And typically government workers earn significantly lower than their private industry counterparts.

Of course that doesn't excuse the main point here that this guy should have been fired with no retirement at all. Giving him such a pension as this is rewarding him for not doing his job.
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Re: $8,702

Postby Hunter 257W » Sat May 19, 2018 8:33 pm

Andy S. wrote:
Bambi Buster wrote:
Andy S. wrote: .... Interesting, never heard of overtime pay being used to calculate retirement benefits.......
The practice is not uncommon with many state and local agencies.
Never knew that. I wish the Feds would adopt it. :)



I work for the federal government and they won't hardly give us overtime no matter what. Don't get raises hardly ever either so their recent threats to change the pension calculation from a "High 3 year salary" to a "High 5 year salary" doesn't really scare me much. :) When your pay never changes they can go back 10 years and it won't make much difference. :shock:
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Re: $8,702

Postby Remmy25-06 » Sat May 19, 2018 10:15 pm

Well said, government and into giving raises except to politicians.
Hunter 257W wrote:
Andy S. wrote:
Bambi Buster wrote:[quote="Andy S."] .... Interesting, never heard of overtime pay being used to calculate retirement benefits.......
The practice is not uncommon with many state and local agencies.
Never knew that. I wish the Feds would adopt it. :)



I work for the federal government and they won't hardly give us overtime no matter what. Don't get raises hardly ever either so their recent threats to change the pension calculation from a "High 3 year salary" to a "High 5 year salary" doesn't really scare me much. :) When your pay never changes they can go back 10 years and it won't make much difference. :shock:[/quote]

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Re: $8,702

Postby TX300mag » Sun May 20, 2018 5:19 am

It looks as it the retirement system that Broward participates in has an option for a DROP program. My guess is he entered the drop at 20 years and has been in it since July 2005. It's a very good program for both the county and the employee.

https://www.dms.myflorida.com/workforce ... ogram_drop




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Re: $8,702

Postby huntinkev » Sun May 20, 2018 6:39 am

I never knew a SRO made so much and was eligible for such a high pension in retirement. For some reason, I've always believed the police officers/SRO don't make much money. It appears he is regular making 6 figures and he is retiring making 6 figures for rest of his life. And to beat it all, when it came time to perform, he failed miserably and hid while teachers and coaches used their unarmed bodies as shields for their students.

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Re: $8,702

Postby cecil30-30 » Sun May 20, 2018 6:47 am

Had no idea a Leo could make over 100k a Year. Was talking to a school sro officer when I worked for the schools, and he told me that he made $12 /hr. I told him he was crazy, I wouldn't do what he did for $12/hr. Also seen where another local dept was needing police officers starting pay was $16/hr.

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Re: $8,702

Postby Wildcat » Sun May 20, 2018 7:42 am

Is that State or Local???

If it's local then take a good serious look at the local Sheriff's Dept. That Sheriff has a lot to do with it when it comes to influencing local leaders to set up retirement for them.
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Re: $8,702

Postby Big Gun » Sun May 20, 2018 7:58 am

I'm on my second gov't job. Retired from the first. Neither takes our overtime in consideration when computing our pension. It's strictly your base pay.

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Re: $8,702

Postby Big Gun » Sun May 20, 2018 7:58 am

I'm on my second gov't job. Retired from the first. Neither takes our overtime in consideration when computing our pension. It's strictly your base pay.

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