K-12 Tax & Spending Climate: Don't allow phony retirements

The Wisconsin State Journal

The findings of a recent state audit should remind state leaders -- and their constituents -- that the Legislature still needs to fix the "double dip."

Taxpayers deserve tighter rules to guard against abuse, something the audit confirmed.

Double dipping allows public workers to "retire" and then return to their jobs just 30 days later to collect full-time salaries and pension income at the same time.

In the worst cases, some public employees -- often top managers -- have returned and stayed in their six-figure, full-time jobs for years after supposedly "retiring." That costs more money, both in longer guaranteed pension payments and higher salaries than what younger, new hires in those positions would likely earn.

Posted by Jim Zellmer at January 3, 2013 2:47 AM
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