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Re: Infurna's million-dollar payday...Hope you read this in last week's papers.

Hey Dumb - having fought the Nazis, and unlike everybody else on this site, at least he used his real name, unlike your
anonymous attack on him.
Please regale us with your contributions to our nation’s well being.
Not being rude, just asking.

Re: Infurna's million-dollar payday...Hope you read this in last week's papers.

What exactly is your problem? Seems to me Confirmed knows the pension system a heck of a lot better than you do. A poster challenged whether Snow's methodology was accurate, which it was. Confirmed said right up front he couldn't calcualate a pension for Infurna because he didn't have the applicable numbers. All he did was post the formula for how a pension would be calculated. It's not garbage. It's accurate. Here's a piece of advice for you - it's far better to be thought an a$$hole than to open you mouth and confirm it.

Re: Infurna's million-dollar payday...Hope you read this in last week's papers.

Confirmed is an Idiot
What exactly does confirmed know? Reading the response one would say absolutely nothing. Next time you plaster a post with all kinds of garbage I'd suggest doing a little homework first. You must have been a sanitation transfer engineer.
To be fair, Confirmed was just doing the math as if she was in the pension system for her first 18 years on the board. The math was most likely correct, and I trust him on that.

He wasn't necessarily wrong in his math, but he was just plowing forward as if Gail did not explicitly state that she was not in the pension system. Bob Snow gets an article (above and beyond the typical Letters to the Editor all citizens get) all to himself in the paper (even though he hasn't been a Melrose resident in a long time) whenever he wants it. It is his duty to look into these things and determine the factual nature of the bull he decides to post before yelling fire in a crowded theater and strolling away. He could have called the pension board and looked into this or asked Gail herself. He didn't, and now Melrose Messages determines that his first word on the subject is the gold standard and ignores Gail's response indicating that he was incorrect.

It is a bad way to do things. Confirmed shouldn't have been doing the math at all, because Bob Snow should have done a tiny bit of research before spouting off using his unearned and abused reach provided to him by the local paper.

Re: Infurna's million-dollar payday...Hope you read this in last week's papers.

It's clear that your problem is with Bob Snow. I get that, but why jump all over someone who has presented accurate and factual information about how pensions are calculated? Seems to me he was just trying to correct some of the misstatements and misunderstandings from previous posts.

There are a lot of people who don't read that useless rag of a local paper, myself included, and I don't see Infurna's statement anywhere on the online version either. I also don't see Confirmed casting any aspersions on Infurna. All he/she did was provide accurate information about how pensions are calculated. What's wrong with that? Maybe if you have an issue with Snow you should take it up with Snow.

Re: Infurna's million-dollar payday...Hope you read this in last week's papers.

According to MGL Chapter 32, any full time (20 or more hours per week) employee MUST join the pension system. Any part time employee who was employed prior to 2009 had the option to join or not.

Re: Infurna's million-dollar payday...Hope you read this in last week's papers.

Now I See
It's clear that your problem is with Bob Snow. I get that, but why jump all over someone who has presented accurate and factual information about how pensions are calculated? Seems to me he was just trying to correct some of the misstatements and misunderstandings from previous posts.

There are a lot of people who don't read that useless rag of a local paper, myself included, and I don't see Infurna's statement anywhere on the online version either. I also don't see Confirmed casting any aspersions on Infurna. All he/she did was provide accurate information about how pensions are calculated. What's wrong with that? Maybe if you have an issue with Snow you should take it up with Snow.
I generally agree with that, but if Confirmed really cared he could have looked up that you could opt out of the pension system prior to 2009, instead of saying he wasn't sure since he decided he would be the edification police on this topic.

Because he failed to do that, "Knowledge" erronously posts that people are 100% unable to opt out of the retirement system as if it were absolute fact.

This is how Melrose Messages ends up believing dumb conspiracy theories all the time. It is half baked "truths" presented purportedly without bias that get turned around by other posters with an axe to grind and here we are.

The facts of this are... Bob Snow abused the power of his column to put out factually inaccurate information. Gail is NOT going to receive a pension so all of Confirmed math was in vain. There is no giant conspiracy.

Re: Infurna's million-dollar payday...Hope you read this in last week's papers.

And this is why my previous comment was relevant:

"If no one with first hand knowledge has corroborated your theory, then I don't really see the need for you to scream fire in a crowded theater."

Seems she won't be getting that million-dollar payday now that we've heard her side of the story.

Let's delete this misleading thread and move on.

Re: Infurna's million-dollar payday...Hope you read this in last week's papers.

Clown Patrol
What a joke this string, and this entire site is. It started out by copying and pasting a hit piece the biggest Fraud in the history of Melrose, Bob Snow, put out on Gail Infurna...claiming the alderman hooked her up with a pension for life. As with all Snow's garbage it was completely false. The lemmings all fell in line and then the truth came out...and you pathetic losers tried to change the purpose of the string into an educational piece on City Pensions. I am amazed at how f*cking stupid the whiners on this website are. The bozos lost again. You were wrong. It was great seeing you all show up at the alderman's meeting a few weeks ago to taste some more bitter defeat. Unfortunately a clown car isn't quite big enough for this crowd. I'm designating a clown bus...and Monica is the driver. Honk, Honk, everyone climb aboard.
Thank you. You tend to post some unproductive comments here and there, but this one sums up my feelings about this issue as well.

Re: Infurna's million-dollar payday...Hope you read this in last week's papers.

Pretty simple. Snow's article was right in theory. Infurna attempted to fleece taxpayers by buying back her time to get back into the pension program, but her laziness cost her big time! If she could have, she would have and we'd be pumping tens of thousands of our dollars into a worthless slobs retirement for years to come for all of 20 months as interim mayor.

Re: Infurna's million-dollar payday...Hope you read this in last week's papers.

Insiders Club
Pretty simple. Snow's article was right in theory. Infurna attempted to fleece taxpayers by buying back her time to get back into the pension program, but her laziness cost her big time! If she could have, she would have and we'd be pumping tens of thousands of our dollars into a worthless slobs retirement for years to come for all of 20 months as interim mayor.
Provide proof that she tried to buy back or knock it off. You've got nothing but your own conjecture.

Re: Infurna's million-dollar payday...Hope you read this in last week's papers.

Bob Snow
How ironic that the theme of Rob Dolan’s farewell speech was: “Keep investing in yourselves.” He and the Board of Aldermen could have done the right and incredibly cost-effective thing for the taxpayers and city employees by creating an open election for our next mayor.

When Dolan chose not to resign before January 8, aldermen Mike Zwirko, John Tramontozzi, Gail Infurna and Monica Medeiros invested in themselves by seeking to become president of the board and interim mayor for the next two years. That ballot went four rounds with this foursome voting for each other until it came down to Infurna and Tramontozzi. How impacting was the outcome?

On April 2, 2012, Dolan and the aldermen voted life pensions for all city employees – aldermen included -- after just 10 years service. The city’s retirement regulations require at least age 55 to begin receiving a pension for employees with less than 20 years service. With 20 or more years, one can begin collecting at any age. All city pensions are calculated by the average of any top-3 consecutive years’ salary with age and years of service then applied for a final annual percentage. Those calculation charts are available on the city’s website. (Teachers and administrators are part of a separate and totally independent retirement system – MTRS.)

Just coincidentally, Dolan resigned as mayor in his 20th year of city service, all as an elected official – 16 as mayor and four as a part-time alderman. He is eligible to begin collecting a life pension and health benefit from the Melrose taxpayers anytime. If he waits, for example, until age 55, he gets \\\$37,500.00 plus the \\\$18,000.00 health benefit for life. At age 60, \\\$50,000.00 a year plus health for life. At age 65, \\\$62,500.00 plus health for life.

Age 65 is the highest on the age-calculation column, making the prize for Infurna a whopper – and a black-and-white example of “unfunded pension liability.” Just coincidentally, Infurna completed her 20th year as an alderman with a salary of \\\$4,000.00 a year. In two years as mayor at \\\$125,000.00 annually and last year as alderman, she will get \\\$254,000.00. Her top-3 average will thus be \\\$84,600.00 with 22 years service. And just coincidentally, she will be 65 years old. That all calculates to a \\\$46,566.00 a year pension for life the day after she leaves City Hall.

If Infurna collects for 20 years, that’s almost a million dollars plus health insurance for two years of full-time work. It all reflects unfunded pension liability: the ability for taxpayers and current city employees to support future retirees and benefits with disproportionate contributions by current employees, especially the part-timers and short-termers. The average retirement contribution by all city employees hired after 1979 is about 8 percent of gross annual income. Call it 10 percent for example sake.

Infurna made 80K over 20 years as aldermen, contributing a total of about \\\$8,000.00 toward retirement. In two years as mayor, she will contribute about 25K from her \\\$250K salary -- a total of \\\$33,000.00 in total retirement contributions over 22 years. She will collect a pension of over 46K in just her first year of retirement. That means she draws on other employee contributions thereafter. Taxpayers and future retirees will have to fund future retirements if or when that well runs dry, i.e unfunded.

While the retirement board manages a portfolio of maximum return for employee contributions to keep the system funded for long-term sustainability, no return on investment can remotely sustain any system with amounts withdrawn like Infurna. Not to mention the ethical questions about why she should benefit so much more than the average city employee.

The ongoing elephant in the room now is Tramontozzi, a full-time attorney who also takes the 18K health benefit as alderman while proclaiming himself ready to be mayor right after Dolan resigned. He held out to that last possible opportunity to be mayor before switching his vote for Infurna. Why? Stay tuned for that that likely payback.

“Keep investing in yourselves,” our former leader decried. Gotta wonder what Infurna’s theme will be.
Dolan could keep his Melrose pension, but more likely he would roll it over to his new job in Lynnfield so he would be entering there with 20 years of service and max out his retirement on their backs ultimately not costing Melrose anything.

Re: Infurna's million-dollar payday...Hope you read this in last week's papers.

That is correct. Don't forget that the year to year percentage increases are graduated - smaller in the earlier years, and growing larger by far in the last ten, and especially the last five. My memory is that the increases are 2.5% per year over the last five before maxing out. The entire payout would come from Lynnfield.

I'm not sure how the health care thing will work. I'd guess he'll maintain his Melrose coverage rather than swap to Lynnfield's and then have to reenroll here - provided there is provision for reenrollment in that case.

Re: Infurna's million-dollar payday...Hope you read this in last week's papers.

If the Doughboy transfers his retirement to Lynnfield he is he not a retiree, and he is definitely not an employee of Melrose. I would think that he would have to take Lynnfield's healthcare plan, or his wife's if she has a plan.

Re: Infurna's million-dollar payday...Hope you read this in last week's papers.

Dumb
Insiders Club
Pretty simple. Snow\'s article was right in theory. Infurna attempted to fleece taxpayers by buying back her time to get back into the pension program, but her laziness cost her big time! If she could have, she would have and we\'d be pumping tens of thousands of our dollars into a worthless slobs retirement for years to come for all of 20 months as interim mayor.
Provide proof that she tried to buy back or knock it off. You've got nothing but your own conjecture.
Simply ask a couple of her best friends if that's true or not. Or, maybe ask the Interim Mayor and she'll give you an honest answer about how she didn't find much resource in HR!

Re: Infurna's million-dollar payday...Hope you read this in last week's papers.

Insiders Club
Dumb
Insiders Club
Pretty simple. Snow\\\'s article was right in theory. Infurna attempted to fleece taxpayers by buying back her time to get back into the pension program, but her laziness cost her big time! If she could have, she would have and we\\\'d be pumping tens of thousands of our dollars into a worthless slobs retirement for years to come for all of 20 months as interim mayor.
Provide proof that she tried to buy back or knock it off. You\'ve got nothing but your own conjecture.
Simply ask a couple of her best friends if that's true or not. Or, maybe ask the Interim Mayor and she'll give you an honest answer about how she didn't find much resource in HR!
So I'm reading this as you have no proof, then? Cool. Keep at it then, dude. Everyone will just know you are wildly speculating.

Re: Infurna's million-dollar payday...Hope you read this in last week's papers.

OK, he says 82. That means he was nine years old when WW II ended.

It's the internet, Jake.

Re: Infurna's million-dollar payday...Hope you read this in last week's papers.

Maybe I missed it, but I can't find a single post where he said he fought in WWII. He would have been about 17 at the end of the Korean War (1953). Unlikely, but possible, I guess. More likely was Vietnam. The first US Combat unit arrived there in 1965, but US advisors were sent there beginning in about 1955. So between 1955 and 1975 he would have been between 19 and 39.

He's 11 years older than me, and I got there in 1967. In 1967 I was 19, a PFC and had a year time in service, but most of the NCO's and officers were older than that when they were sent.

There are plenty of guys my age and older whose typing skills, as well as grammatical skills, are horrendous. Yeah, it's a little distracting and can be annoying to a grammar Nazi, but how about cutting the guy a little slack? I'm just hoping I make it to 82.

Re: Infurna's million-dollar payday...Hope you read this in last week's papers.

Gotta Love it. The guy who retired on a Public Pension complains about the interim mayor being able to collect a public pension some day. And he lives in New Hampshire!

Re: Infurna's million-dollar payday...Hope you read this in last week's papers.

Snow job
Gotta Love it. The guy who retired on a Public Pension complains about the interim mayor being able to collect a public pension some day. And he lives in New Hampshire!
The bitter crank bench is getting dangerously thin.