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Old Hire

Number 20211
Subject Pensions
Source Denver Post
State Colorado
Year 2003
Publication Date February 23, 2003
Summary The Denver Post analysis of pension records reveals an outdated pension system that "funnels millions of tax dollars to retired city police officers and firefighters by linking their pensions to the salaries of current department employees, even decades after they've retired." As city and state budgets tighten, the strain of the pension system is becoming even greater.
Category General
Pages 5
Keywords pensions;budgets;Denver;Colorado;retirees;old-hire plans;retirement system;government pensions;police officers
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