Portland Retired Firefighters and Police to Sue City over Pension Errors

[gamewell45 258]

Retired Portland Oregon Firefighters and Police sue city over method used to recover overpayments made to them by the city. This is what happens when the city does not follow normal procedures.

http://www.oregonlive.com/portland/index.ssf/2011/09/retired_portland_police_and_fi.html

[psyanide 11]

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.

[gamewell45 258]

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.