Interesting look at hiring freeze vs overtime costs in the city of Duluth:
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I was always under the impression that we as public servants made less on the front end (during our career) but made up for it on the back end (retirement). Now Duluth wants to do away with that?
Good luck getting dedicated career long employees!
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Not necessarily.
Currently sworn officers upon retirement receive $300-400 a month for health insurance dependant on when you were hired. However, all new future hires will only be given $250 a year into a health insurance savings account by the city. When you retire, you are able to use your health insurance savings account.
The department I came from gave nothing for retiree health insurance, so this is step up any way I look at it.
K9
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Originally posted by K9 PoliceNot necessarily.
Currently sworn officers upon retirement receive $300-400 a month for health insurance dependant on when you were hired. However, all new future hires will only be given $250 a year into a health insurance savings account by the city. When you retire, you are able to use your health insurance savings account.
The department I came from gave nothing for retiree health insurance, so this is step up any way I look at it.
K9
So if I am not mistaken, they will not reduce the benefit of current retirees or reduce the benefit of people hired prior to X date upon their retirement unless they were hired after X date.
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We did?
Correct, but they are not getting rid of medical insurance overall. Just put a different aspect to it. There are talks of possibly raising that amount each year by the city, or being able to put your own money in the account for your future health insurance. All talk. Just the other week all sworn officers had to pick which one they wanted, stay with the old or switch over with the new. All new officers will be stuck with the new.
K9
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