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Pious Perverts
See other Pious Perverts Articles

Title: Is the NYCPD Pension a Socialist Redistribution Scheme?
Source: Comprehensive Annual Financial Report of the NYCPPF
URL Source: http://www.nyc.gov/html/nycppf/pdf/cafr2007.pdf
Published: May 20, 2008
Author: Liberal New York City Dwellers
Post Date: 2008-05-20 19:54:53 by Arator
Keywords: RNYCPD, Socialist, Parasites?
Views: 1236
Comments: 38

On page 172 and 173 of the source document linked above are tables showing the revenue sources and expenses of the New York City Police Pension Fund.

In 2007, member contributions to the fund totaled $132 million. That sounds respectable, until you look at the contributions made by the City (ie NYC taxpayers):

$1,544,341,000!

That's $1.544 BILLION, folks. Overall, NYC taxpayers chipped in 55.8% of annual covered payroll into the NYC Police Pension Fund in 2007. Members? Only 4.78%.

Holy Obama-style socialism, Batman! That's a MASSIVE redistribution of wealth from the taxpayers of NYC to the boys in blue.


Poster Comment:

Damn, if I were a retired NYC police officer, I'd be more careful summarily condemning socialism, socialists or libertarians who plan on voting for a socialist in the fall in order to expedite the demolition of the GOP's fascist freakshow. ;^)

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Begin Trace Mode for Comment # 36.

#36. To: Arator (#0) (Edited)

Damn, if I were a retired NYC police officer, I'd be more careful summarily condemning socialism, socialists or libertarians who plan on voting for a socialist in the fall in order to expedite the demolition of the GOP's fascist freakshow. ;^)

If you're not some sort of anarchist weirdo, you'll probably admit that there are some legitimate functions of the government. Law enforcement is one of them, unless you think that you personally have the time and resources to investigate a murder or incarcerate violent felons on behalf of your neighbors and friends.

So how does one compare the state paying its former employees a pension to paying people who don't, never have, and never will work for the government or anybody else welfare? Especially when the cherry on Obama's welfare cake is a global tax plan, where our money goes not to pay retired cops pensions but to buy food and medicine for people in Africa?

I much prefer redistributionism that rewards average working people to that which rewards corporate pirates and thieves.

I agree. But our welfare state doesn't benefit "average working people." It benefits welfare parasites, unqualified affirmative action hires, illegal aliens, and other dregs.

Rupert_Pupkin  posted on  2008-05-21   0:01:42 ET  Reply   Untrace   Trace   Private Reply  


Replies to Comment # 36.

#38. To: Rupert_Pupkin (#36)

But our welfare state doesn't benefit "average working people." It benefits welfare parasites, unqualified affirmative action hires, illegal aliens, and other dregs.

excellent point.

christine  posted on  2008-05-21 00:28:57 ET  Reply   Untrace   Trace   Private Reply  


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