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gamewell45

Portland Retired Firefighters and Police to Sue City over Pension Errors

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When I began reading this story, I thought weelllll, the city might have made a simple mistake like when a cashier gives you too much change?. No, no way. Then I read "...the pension fund discovered that for 13 years it had overpaid pension benefits...". It took them 13 YEARS to catch this? Then shame on them! All sort of incompetency and auditing arguments come to mind (to which we don't know the back story). These aside... 13 years is a pathetically long time. If I were one of these retirees, I'd be angry too.

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When I began reading this story, I thought weelllll, the city might have made a simple mistake like when a cashier gives you too much change?. No, no way. Then I read "...the pension fund discovered that for 13 years it had overpaid pension benefits...". It took them 13 YEARS to catch this? Then shame on them! All sort of incompetency and auditing arguments come to mind (to which we don't know the back story). These aside... 13 years is a pathetically long time. If I were one of these retirees, I'd be angry too.

To add insult to injury, the city paid out the excess money over 13 years and now wants it back within 2 1/2 years! Using that schedule will undoubtedly hurt many of the retirees who are living on fixed incomes. This is what happens when you employ incompetent administrators.

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