No. of Recommendations: 10
<<In NYC, the scam used to be - during the last year when pension was computed on last years 'earnings', many about to retire workers would have others work extra hours for them, logging in as them, and get paid off the books some cash for doing so.......so when the guy retired, magically he'd have a couple thousand hours of overtime, plus of course, extra overtime for more than 60 hours a week..... making double or triple his 'regular' paycheck.....and the pension was computed based on that... often winding up being more than he was making 'working'.
>>



In some places, employees can "contribute" hours they have worked to other employees. The original idea behind this was to allow employees to contribute hours worked to an injured or disabled fellow employee.


Now this allows employees to bulk up the hours worked in a final year of employment upon which pensions are based (another abuse).

With this kind of coordinated abuse, pensions aren't limited by the number of hours in a year if an employee is popular and can get others to "contribute" hours worked.

'

Seattle Pioneer
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