How Much of Your Tax Money Will GY’s “Retired” Former Fire Chief Get?


Editor’s note: Don’t blame the former chief. Kudos to him for playing the system so well. He’s won fair and square. The problem is with the morons (voters) who keep allowing this to happen.

GY’s former fire chief recently, “retired” after, according to the newspaper, a damaging consultant report told the city what a lousy job he’d been doing. The 49 year old, now disgraced, former chief will retire with “full benefits” plus, GY gave him an over $50,000 kiss goodbye.

The nice folks over at Goldwater Institute put me on to a web site that will, within reason, give you a pretty good estimate of what someone’s public pension will be.

So I put in the information I know about GY’s recently “retired” 49 year old former fire chief.

Here is what I know:

  1. According to the newspaper he is retiring with “full benefits” at age 49.
  2. Also according to the paper, in his last year of work he made $153,000. Now I also know that according to Goodyear, there have been precious few salary increases over the past few years. So I used $150,000 to answer the question, “what was your final average salary”?
  3. I assumed he started work at age 16 in order to give 33 years of service and try to get a complete “full retirement” amount.
  4. The web site (here it is) allows you to pick the state, what type of job he had, his age, years of service, etc. It appears to be pretty complete.

So according to the web site, how much are we tax payers going to pay GY’s former fire chief who only worked for 30 some years, to stay at home for the next 30 to 40 years?

$120,000 per year

And, according to the same web site, how much should we expect to pay him from now until he dies?

$2,547,552.00

WOW!

And you’re also going to pay for most of his health care too.

Want to figure out how much of a pension you are going to pay any public servant to sit on their butt for the next several decades?
Like say GY city manager Chairman Brian Dalke with his $186,000 salary?
Or how about the GY administrative assistant (secretary) who is making over $80,000 per year?

Here you go: calculate my pension AZ.

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10 Responses

  1. Howard use the correct numbers when you run the report, the fire chief had 27 years in Public safety not 33. there is about 19,000 a year difference using the 27 he worked and not adding the 6 he did not. there are no “Full Benefits” after retirement.The chief will be required to find and pay for his own insurance. Once a person retires the city no longer contributes for that person. The city only contributes for those still working. After the chief leaves in July he will not cost the city any money.

    Editor’s note: wrong again, Johnny. I don’t know how else to explain it any better to you. Local contributions to ASRS have gone up nearly 500% in the recent past and it is STILL well underfunded. Current ASRS eligible employees are the ones who should want the abuse stopped more than anyone. Because unsustainable means you won’t get yours if this keeps up. Just ask any integrated steel mill worker. They lost up to 75% of what they expected to get.
    Here is a link below with more info for you Johnny. Open your eyes.

    http://www.azcentral.com/news/articles/arizona-pension-funds.html

  2. Hi Howard my question is how much of what he is receiving is his own money that he put into the system? How long will it take him to get that back before he starts getting public money. I know mine will take about 8 years. I have three left.
    Just asking.

    • What percent of your salary is contributed? Let’s say 5%. If he averaged $75k, (probably not even close to that) for 30 years, that is about $120,000.
      One year’s worth of retirement pay for the chief. Double it if you want. Two years. Don’t know how you come up with 8 years in your case.

  3. How bout all the other recent “retirees” who should have been fired… city manager, chief of police, his second in command… millions. When they SUCK AT THEIR JOB THEY NEED TO BE FIRED, NOT RETIRED

  4. And YES, THE TAXPAYER ENDS UP PAYING. EMPLOYEES are required to contribute through payroll, HOWEVER, this IS figured into those higher paying salaries of government employees. Typically, the same job in public sector pays MUCH less. Its all how you spin it to make it look good, but regardless, the TAXPAYER pays the inflated salary.

  5. The chief is a member of the public safety retirement system, not the Public employee retirement system. Two completely separate systems with different contribution percentages and benefits.

  6. While I generally agree with you about pensions, your numbers are off, as well as some of your information about the retirement system. The Chief is in PSPRS, which is different from PERS. Also, where did you get that arbitrary number of beginning work at the age of 16? What city hires Firefighters at that age? PSPRS only gives credit for the years that the employee is a contributing member. Any time worked at any previous job does not count (and yes, that includes those who were previously city or state employees under other retirement systems), unless you purchase that time back. An example would be a dispatcher (PERS) who became a cop (PSPRS), or a Military Veteran (Federal) who became a Firefighter (PSPRS). These people must purchase their time back, and are restricted to only purchasing four years at the most. Buying back retirement time from previous jobs in the state of Arizona is extremely expensive. In my day, all of the people that I know who have been able to afford it, I can count them on barely two hands, with plenty of fingers left over – and all of them had to borrow the money, take out a 2nd, etc.

    So instead of starting him at 16, which is wrong under any scenario, lets be very generous and say that he got hired by the FD at 22 (because I don’t know, and obviously you do not either). Now, this does not change numbers by a huge amount (because of there only being about 5 payout percentage points between the two different calculations), but correct is correct, and incorrect is incorrect. Also, benefits end in most cities when a person retires. The cities either pay much less for insurance, or (as most cities that I know if in Arizona do) they pay absolutely nothing at all. So, the Chief will be required to keep his city insurance, but pay the *entire* premium for himself and his family, find another job that offers benefits, or seek out a different insurance plan that is cheaper.

    Like I said, the retirement systems are certainly headed towards insolvency, and I am not in disagreement that this must be addressed. But, if you are going to put these things out there and go into attack mode on these groups, just make sure that you have your information correct and you are knowledgeable on the subject. I have seen some of the public safety union reps talk on this, and believe me, they know their stuff and they are ready for people coming at them with misinformation and faulty numbers. If you were to have debated one of them on stage with this scenario, they would *destroy* your argument here. Publically. Just friendly advice.

    • Another commenter wrote he started at 19 and will get something like $110,000 per year instead of the $129,000 I estimated from a web site.
      Still another wrote that the public safety fund is way worse off than the public employee fund.
      Appreciate your comments, the point remains the same

  7. Chief Gaillard will be just fine, he is now the fire chief for flagstaff Fire dept

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