Originally Posted by
jt1
Level headed and a good poster but his continuing snark is getting really, really old. I can understand that he is upset by potential pension cuts but let's look at the facts [[either by what Ray has stated in the past or assumptions based upon his user name)
Born: 1936
Retired from DPD: 1984 [[at the ripe age of 48, possibly 47)
Years of service: 25
Years collecting a pension: 29
Years of medical benefits for himself and, I assume, his wife: 29
So explain to me how anyone with any sense of finances can insist that 25 years of services should result in 29+ years of pension and healthcare for 2? I can appreciate his snark and frustration but the writing has been on the wall for 10-20 years. At this point he has more than gotten out what he paid in and insists the citizens of Detroit and bond holders [[and possibly current employees) should be the only ones to take the hit as long as his benefits never run out or get reduced.
If you ask me, DPD does a very important job and it is certainly a noble profession however 54 years of pay/pension/benefits for 25 years of service will never add up and it a big part of the reason the city is arguing why it should be allowed to go to bankruptcy.
Call me an ass but I'll take the needs of 700,000 over the needs of 20,000 anyday