Wednesday, June 15, 2011

Work 36 Years, Retire at 104% of Pay

Not bad at all.

During his 36 years with the county, Blaske worked in parks and building maintenance. ...He said he agonized over the retirement decision because he loved his job, which paid about $50,000 a year in base pay. Overtime bumped his total pay to nearly $65,000 in 2009.

...Blaske, 56, left the county with a $340,119 backdrop lump sum, plus $2,715 in monthly pension payments. Without the backdrop, his monthly checks would have been almost $4,500.

The guy can't be blamed for taking the deal that Ament gave him.

But 104% of base after 36 years? AND, by the way, there's a health-insurance plan in there, too--unmentioned by the "newspaper."

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