You Milwaukee County taxpayer-types don't know how bad you really have it. Some County workers are trying to decide if they should retire before the last day of this year.
Why?
Under "Section 1950":
In addition to the benefits described above, the County has historically provided for reimbursement of the Medicare Part B premium for retired employees, including their eligible beneficiaries over age 65, who retired with 15 or more years of pension-credited service or are on Disability Medicare. $5,983,300 is budgeted for this expense based on rates established by the Federal Government and published by the Centers for Medicare and Medicaid Services. This represents an increase of $77,167 from 2010.
So. They retire with 100% paid medical benefits AND 100% re-imbursed Part B premiums.
And--BONUS!!--those 100% paid med-bens are also applicable to their surviving spouse (and in some cases, their children.)
Geez, that's a rough road they're on.
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2 comments:
But hey...there's no need to rein in collective bargaining for these people. The local government will surely protect the taxpayers.
What? No? Oh, never mind.
Government, in its present circumstance (NOT form, but circumstance), is an enemy of WE THE PEOPLE.
Government is 100% self-serving, financially and otherwise.
Government is ALL-INTRUSIVE.
With its present ~9% approval rated status, where, oh where, are WE THE PEOPLE?!?!
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