- Leroy Callahan, 83, retired from IPD in 1974 after 26 years of service. He is now drawing an annual pension of $33,300.
- Janet Cotton, 67, retired from IPD in 1999 after 22 years of service. She is drawing an annual pension of $39,900. Her husband, Tom Cotton, 66, retired from IPD in 2006 after 39 years of service. He is now drawing an annual pension of $40,400.
- Bernard Hanley, 81, retired from IFD in 1969 after 20 years of service. He is now drawing an annual pension of $27,300.
- David Hanley, 72, retired from IFD in 1980 after 20 years of service. He is now drawing an annual pension of $27,300.
- Danny Lee, 62, retired from IPD in 1986 after 20 years of service. He is now drawing an annual pension of $27,300.
- Bob McGrath, 72, retired from IFD in 1997 after 38 years of service. He is now drawing an annual pension of $39,000.
- Marion Mitchell, 68, retired from IFD in 2006 after 39 years of service. He is now drawing an annual pension of $41,592.
As you can see, these public safety workers often retire with a full pension benefit at a very young age--late 40s or early 50s. Many public safety officers are also able to work other full-time or part-time jobs while they are supposedly working full-time for the taxpayers. In some cases, they actually hold second, full-time government jobs. Some of these retirees are drawing much larger pensions than they ever earned in salary while they worked. Is anyone familiar with a private pension plan which offers generous benefits like these? How could such an unsound actuarial system--one where those contributing could not possibly contribute anywhere close to adequate funds while they are working to support these kinds of pensions--be established? I suppose it doesn't help that we are permitting firefighters and police officers to serve on our city-county council in clear violation of the Indiana Constitution's prohibition on serving in two branches of government at the same time.
It is a complete outrage that these people are drawing pensions they never earned. Did they earn a pension? Yes, but not pensions this large. It is unfair to ask the taxpayers to bail out a pension system so ill-conceived. The taxpayers shouldn't be asked to pay another dime in taxes to bail out this broken system until someone investigates how this system came about and permanent changes are implemented to strip these pension plans of these patently unfair benefits. And we should start by enforcing our Indiana Constitution and throw off the council all firefighters, police officers, and other city-county government employees illegally serving on the council. If these council members had any sense of decency, they would disqualify themselves from voting on any proposed budget or tax ordinances affecting their salaries and pensions.