How would you like to swap jobs with someone so you can start drawing Social Security for your original job while making full salary and qualifying for a second Social Security pension at your "new" job?
According to the San Jose Mercury News story "Former top San Jose officials work elsewhere while drawing six-figure pensions," Dale Foster retired in 2005 from his $160,962-a-year position as acting San Jose fire chief after the city hired neighboring Gilroy's then-chief, Jeff Clet, for the position.
Today Foster draws a $160,803 annual pension from San Jose after four years of "retirement" such that this pension nearly equals his former pay. Sweet. I think the maximum for Social Security is about $2,000 a month or $24,000 a year.
The story doesn't end here.
After retiring from San Jose's fire department with 32-years of service, Dale Foster was hired by the city of Gilroy to take Jeff Clet's place as Gilroy's fire chief for an annual salary of $158,212.
This map shows Gilroy is just down the road (HWY 101) from San Jose. Both chiefs could easily commute to their new jobs without moving.
Foster was to earn $174,300 but Gilroy, savaged by lower property taxes from the housing meltdown plus a huge decline in sales tax collections, imposed furloughs that reduced Foster's pay by 9.2 percent.
I would not be surprised to learn Clet is drawing a pension from his Gilroy job while working for San Jose.
If swapping jobs to draw a pension from the first while being paid to do a similar task at a second is not a waste of taxpayers' dollars, then I do not know what is.
All these public employees should be paying into our Social Security system like the rest of us. If the Ponzi scheme commonly known as "Social Security" is broken or insolvent, then lets put everyone on it so the powerful people in government have incentive to get it fixed.
According to the San Jose Mercury News story "Former top San Jose officials work elsewhere while drawing six-figure pensions," Dale Foster retired in 2005 from his $160,962-a-year position as acting San Jose fire chief after the city hired neighboring Gilroy's then-chief, Jeff Clet, for the position.
Today Foster draws a $160,803 annual pension from San Jose after four years of "retirement" such that this pension nearly equals his former pay. Sweet. I think the maximum for Social Security is about $2,000 a month or $24,000 a year.
The story doesn't end here.
After retiring from San Jose's fire department with 32-years of service, Dale Foster was hired by the city of Gilroy to take Jeff Clet's place as Gilroy's fire chief for an annual salary of $158,212.
This map shows Gilroy is just down the road (HWY 101) from San Jose. Both chiefs could easily commute to their new jobs without moving.
Foster was to earn $174,300 but Gilroy, savaged by lower property taxes from the housing meltdown plus a huge decline in sales tax collections, imposed furloughs that reduced Foster's pay by 9.2 percent.
I would not be surprised to learn Clet is drawing a pension from his Gilroy job while working for San Jose.
If swapping jobs to draw a pension from the first while being paid to do a similar task at a second is not a waste of taxpayers' dollars, then I do not know what is.
All these public employees should be paying into our Social Security system like the rest of us. If the Ponzi scheme commonly known as "Social Security" is broken or insolvent, then lets put everyone on it so the powerful people in government have incentive to get it fixed.
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