« POPE Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next

Councilwoman Marian B. Tasco is retiring Friday, but only so she can collect a $478,057 pension check and return to work Monday, when she will be sworn in for her seventh term.

By: capt_nemo in POPE | Recommend this post (0)
Sat, 31 Dec 11 7:51 PM | 55 view(s)
Boardmark this board | (The) Pope's for real stock market report
Msg. 49119 of 65535
Jump:
Jump to board:
Jump to msg. #

Tasco was one of six Council members to enroll in the city’s controversial Deferred Retirement Option Plan, better known as DROP. She did not immediately return a request for comment.

Plan participants trade a lower lifetime pension for a large one-time lump sum payment, but they are supposed to retire when they get that check.

Several elected officials, however, exercised a right approved by two city solicitors to run for election, retire for a day, collect their DROP payments, and return to work.

http://www.philly.com/philly/blogs/heardinthehall/136380728.html




Avatar

Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.


- - - - -
View Replies (1) »



» You can also:
« POPE Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next