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Put a stop to costly retirement abuses
A Times Editorial
Published February 26, 2008
Pinellas Property Appraiser Jim Smith entered the Deferred Retirement Option Program when voters adopted term limits. After a judge threw out the limits, Smith threw out his contract to retire.
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[Joseph Garnett, Jr. | Times (2007)]
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In a time of economic strain, double dipping has become one of the fastest-growing parts of the Florida government budget, and lawmakers have only themselves to blame. The 8,000 employees who draw both a paycheck and a retirement check are just using the tricks that lawmakers gave them.
Those tricks need to be taken away.
As Times senior correspondent Lucy Morgan reported, the way some prominent politicians and public officials are pocketing money through these games is worse than double dipping. They get three scoops and never have to leave the ice cream parlor.
Collier County Judge Eugene Turner didn't even tell his colleagues he was taking a month off in order to qualify for "retirement" pay. The result is that he collects $7,700 a month in retirement and $145,080 in annual salary for precisely the same job he was performing all along.
Miami-Dade Community College president Eduardo J. Padron is an example of the triple dip. He entered the Deferred Retirement Option Program that awarded him $893,286 in lump sum benefits upon his retirement in 2006. But he didn't retire, and he now receives $14,631 a month in retirement pay and $328,860 in annual salary. And he kept the $893,286.
Pinellas Property Appraiser Jim Smith is in a class by himself when it comes to greed and gall. He entered the DROP program when voters overwhelmingly adopted term limits. After a judge threw out the limits, Smith reneged on his contract to retire. But he got the bonanza anyway: $423,157 in lump sum retirement benefits, $6,681 a month and $148,335 in salary. His real retirement will come none too soon.
This is, in a word, outrageous. And it is growing ever more costly. In the past five years, the number of double dippers has more than doubled. One reason is a loophole written into pension law in 2001through an amendment added to a bill in the final night of the session.
Sen. Mike Fasano, R-Port Richey, who was a House member at the time, told Morgan he didn't realize the amendment would let so many employees game the system. "This is absolutely not what the Legislature intended," he said. "It's so sad when you have elected officials who want to take advantage of this."
It may be sad, but not surprising. The Legislature has meddled with pension formulas for years, usually to please their police and firefighter constituencies with added benefits that are then paid by cities and counties. Sometimes, lawmakers are even more crass, as was the case in 2001, in trying to feather their own pension beds.
These eye-popping numbers are certain to catch the attention of taxpayers, and Gov. Charlie Crist deserves commendation for pressing a reluctant bureaucracy to release them. Lawmakers would do well to examine not only the 2001 amendment but the entire set of retirement and pension assumptions. The DROP program itself, even without its abuse, has led to a steady drain of talent in schools and law enforcement agencies.
The people who work for Florida government deserve fair pay and a dignified retirement, but not at the same time.
[Last modified February 25, 2008, 21:57:21]
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Comments on this article
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by Sharon
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03/05/08 09:43 AM
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This article is way off base. Once 'retired' & in the DROP there are no further contributions to their retirement plan & the $ is invested in the DROP. They work w/o further contributions paid by govn't into their retirement fund. It's a WIN-WIN!
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by No cost of living increase in
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03/04/08 10:57 AM
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Again, state retirees cannot afford to retire. That's why they return to work. Duh! Since we don't deserve anything, maybe think about that when no one is left here to take your call. PS walk a mile in the shoes of the working poor.
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by State Employee
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03/04/08 10:53 AM
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Yes! Take that last incentive away! But don't whine when no one is left to answer your calls & cries for assistance. Employees are already leaving in masses. Low pay... changes in benefits. Come work here if you think it's a picnic.
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by Doc
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03/04/08 10:23 AM
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To Mike. After 30 years go out and try something new.how about making room for younger people getting fat on a Goverment job.
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by Mike
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02/27/08 08:36 PM
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wow...none of you posters even has a clue. Your basically syaing that someone who has worked 30 years and earned a pension has no right to go back to work. I expect no less in Flori-duh, which is why I left after cashing in on a free college degree
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by Madman
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02/26/08 03:00 PM
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Typical, if we only knew all the abuse these lawmakers and policians get away with. Make them pay back the money with interest.That would be fitting!
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by Betty
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02/26/08 12:40 PM
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What a surprise! Three biggest Pinellas County Crooks,appraiser Jim Smith, sheriff Jim Coats, tax collector Diane Nelson. No wonder why they fight to keep there jobs. They've each collected close to or over 1 million each in "Retirement Pay".
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by Jan
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02/26/08 12:33 PM
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Lawmakers need to hold an emergency session and IMMEDIATELY REPEAL this OUTRAGEOUS DOUBLE AND TRIPLE DIPPING. Make this repeal retro-active and make these criminals pay back there outrageous thievery of taxpayer money.
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by Tom
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02/26/08 12:11 PM
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I am in total disbelief that these government officials are allowed to double and triple dip by receiving retirement while employed and receiving the absurdly huge salaries that they receive. This must be changed!!
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by Jim
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02/26/08 10:50 AM
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These "double-rippers" also cry loudest at any attempt to cut bloated budgets. Florida counties and municipalities are paying salaries far beyond any reasonable scale. How about a referendum to deduct these sleazy payments from future disbursements?
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by Renee
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02/26/08 10:00 AM
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Teachers are government employees we should be allowed to do this too! Then by the time we retire we will make a living wage!
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by Dan
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02/26/08 09:01 AM
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Can u explain your ridiculous statement that the DROP program has drained talent?? Last I checked, if not for DROP, the talent would have left even sooner. $$ Talks. Also, current law allows this "talent" to return. Aren't you contradicting yourself?
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by Reggie
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02/26/08 08:17 AM
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Hind sight is clear. Sen. Mike Fasno and the state Legislature need to fix this tax rip off.
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