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Tuesday, May 21, 2013

Council closes pension loophole

Philadelphia City Hall and political coverage from the Philadelphia Inquirer City Hall bureau.

14 comments

Council closes pension loophole

POSTED: Thursday, June 10, 2010, 11:47 AM

City Council Thursday morning did away with a loophole in the pension plan that will allow outgoing Managing Director Camille Cates Barnett to buy a pension of nearly $50,000 annually after less than 2 1/2 years on the job.

Council voted unanimously for Councilman Frank DiCicco's bill, which sets a minimum of five years of service before a Civil Service exempt employee such as Barnett can buy credit for years worked in other public service positions.

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14 comments
Comments  (14)
  • 0 like this / 0 don't   •   Posted 11:57 AM, 06/10/2010
    WOO HOO! Enough of the corruption in City Hall stealing our tax dollars!!!!!! Now for the rest of the slugs on the council to get the trough off limits!
    ChrisWZD
  • 0 like this / 0 don't   •   Posted 11:57 AM, 06/10/2010
    Too Bad it didn't happen BEFORE Ms. Cates got her's!!!!
    Dadair1
  • 0 like this / 0 don't   •   Posted 11:59 AM, 06/10/2010
    Now... Term limits for the entitled City Council.
    lamont480
  • 0 like this / 0 don't   •   Posted 12:04 PM, 06/10/2010
    Close the loophole for EVERYONE. Term limits for city council!
    yawns
  • 0 like this / 0 don't   •   Posted 12:16 PM, 06/10/2010
    What about DROP? I guess some loopholes are too nice to close.
    jnyfive
  • 0 like this / 0 don't   •   Posted 12:32 PM, 06/10/2010
    Council is nuthin' but a buncha effin' sows.
    Rowland
  • 0 like this / 0 don't   •   Posted 12:35 PM, 06/10/2010
    As long as Camille Cates Barnett gets her dough, that's all that matters. What kind of metrics did you utilize when deciding to buy in Mr. Barnett? Do you have flow charts to back up your data? Maybe the journalists in Philadelphia will conduct a cost/benefit analysis of your time in Philadelphia. That report will show that you were a blatant waste of the taxpayers money. She's flipping us all the bird on her way to another city.
    LibertyoverTyranny
  • Comment removed.
  • 0 like this / 0 don't   •   Posted 1:33 PM, 06/10/2010
    new bill doesn't include out going Managing director..
    spider1776
  • 0 like this / 0 don't   •   Posted 1:49 PM, 06/10/2010
    5 years? It should be 10. Being vested after 5 is a joke.
    psyrus
  • 0 like this / 0 don't   •   Posted 2:14 PM, 06/10/2010
    It's progress, but it's like curing a headache on a man dying of cancer.
    DonQ
  • Comment removed.
  • 0 like this / 0 don't   •   Posted 2:37 PM, 06/10/2010
    Jet3to, you seem to believe that you know a lot. Trust me, you are an idiot! You are absolutely clueless about the voters in this City. And you apparently do not know much about anything else, either...
  • 0 like this / 0 don't   •   Posted 10:04 PM, 06/10/2010
    Wait, folks. This gets worse. If the outging Managing Director marries and then croaks, hubby gets her pension and, if he croaks, what happens then? Psyrus, you are right, being vested after 5 years is a crock.
    bltes


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