Retiring rich – taxpayers pay

This story was originally published FEBRUARY 5, 2015.  The City of Bloomington continues to allow pension spiking!

By:  Diane Benjamin

The City of Bloomington allows ALL employees to accumulate sick days and get paid for them when they retire – up to 1800 hours.  It doesn’t matter their salary might have been much lower when the hours were earned, they get paid at the rate of their salary when they leave.  Here is the latest example:  http://www.openthebooks.com/search/?PensionCode=1804&F_employeenm=Bell%20Emily%20V

EmilyBell2Normal only allows this for union employees.  Both Cities claim the policy can’t be changed because of union contracts.  Why is Bloomington paying non-union employees sick days?  Does your boss allow this?

Wonder way your taxes keep going up?

More from around Illinois:  http://www.forbes.com/sites/adamandrzejewski/2015/01/27/the-big-dogs-of-illinois-municipal-government/

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Comments

  1. Dan Shickle says:

    As a former state employee, ISU, we had our sick time accumulate like that until they changed the policy to allow payment for accrued sick time before a certain date and after that it was used or lost, might have been used to add to length of service. This was changed at least ten years ago.

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  2. Holy Crap!

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  3. I dont care if this is “policy” or not..its outright theft. I wish someone in office had the balls to stand up to it and change it.

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  4. Reblogged this on BLNNews and commented:

    I found this while looking for something else. The City of Bloomington continues to allow pensions spiking. Bell’s pension will be based on her inflated final salary because she was allowed to accumulate sick days. Government works for government employees, not you! The taxpayers of Bloomington were forced to pay for this.

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