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WC IL | And for many of those positions we are paying 3 people the 85 year old who retired 30 years ago, the 55 year old who just retired, and the 25 year old who just started on the job.
Probably costing us $300,000 or more a year in the case of DOT workers, since starting pay is in the neighborhood of $100,000 a year now, plug benefits. And the unions want the folks hired in the last few years under a different pension plan to get moved to the old, more lucrative pension plan. Even though they agreed to the terms of employment when they got hired. Most of the towns with full time police and fireman are spending close to, or more than, 50% of their budgets on pensions for them. | |
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