Diamond Litty
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Carolyn Timmann’s $738,000 Pension Scheme

Martin County, Florida | March 1, 2024

Many predict that Carolyn Timmann has already decided that her $429,129 Pension cash bonus is not enough money and will, like Public Defender Diamond Liddy, use her political position to break her contract for a 5 year pension bonus to take an 8 year pension cash bonus of approximately $738,000 and increase her monthly pension from $7,051 to approximately $12,853! Read more about Pension Plotter Diamond Litty’s $1.2 Million pention heist here.

“Sneaky Politician Carolyn Timmann is greedy. How many gourmet meals, luxury cars, and vacation homes does one person need or can even use?” asks Dave Jaye, Researcher.

Carolyn Timmann, Republican Martin County Clerk is a Triple Dipping Queen: taking a $155,777 salary[1] plus approximately $62,000 in benefits and a $429,129 pension cash bonus[2] at the same time to do the same job! Carolyn Timmann is not paying 3% of  her salary ($4,673) into the Florida Retirement System like every other Florida Public Employee shifting her personal responsibility to taxpayers. See:https://tripledippers.org/fl-statewide-2022-april-29305-tripledippers/

Sneaky Republican Politician Carolyn Timmann didn’t tell voters in 2020 that she signed a contract on January 13, 2020, to retire on January 31, 2025, when Carolyn Timmann will collect a $429,129 pension cash bonus (form below). But Carolyn Timmann is not going to retire on January 31, 2025. Timmann will either accept her $429,129 pension cash bonus or apply for an $738,000 eight year pension bonus.

Florida Politicians can apply for special permission to collect a pension cash bonus and break their contract promise retire which every other Public Employees must do as a condition to collect a pension.cash bonus. After taking the pension cash bonus, Carolyn Timmann will still not pay 3% of her salary into the Florida Retirement System for as long as she holds that Political Office.

Citations:

[1] http://edr.state.fl.us/content/local-government/reports/finsal23.pdf

[2] https://tripledippers.org/fl-statewide-2022-april-29305-tripledippers/

As a Cherry on the top, Carolyn Timmann first started working for the Clerk’s office in 2013 and will be cashing out possibly 15 years or more of unused vacation, sick and personal days at her highest pay, not the pay when days off were earned—taking more money from Taxpayers and artificially boosting her final year’s pay on which Carolyn Timmann’s pension is based on.

The average Martin County Resident makes $20 an hour $41,691 a year[1] and  must work over 10 years to make Carolyn Timmann’s Retirement Cash Bonus of  $429,129 and work over 17.5 years to make Timmann’s expected $736,000 pension cash bonus. 

[1] https://www.ziprecruiter.com/Salaries/-in-Stuart,FL

Will Carolyn Timmann promise, in writing not to apply for a 8 year pension cash bonus of over $738,000 an be satisfied with her $429,129 Pension Cash bonus? How much, if any of Carolyn Timmann’s taxpayer paid pension will she promise, in writing to donate to charity?

DROP Triple Dippers like Carolyn Timmann pay nothing of her taxpayer paid salary into the Florida Pension. But Taxpayers pay 21.13% of her salary[1] to the Florida Retirement system and 7.65% Social Security = 228.73 % of Timmann’s salary $155,777 = $44,754 a year and climbing higher each year! https://www.myfrs.com/FRSPro_ComparePlan_Contri.htm

The statewide list of 29,719 Florida Triple Dippers by name, employee, fake retirement date, pension cash bonus and pension cash bonus date is here.   

How much of the taxpayer paid $738,000 pension cash bonus, if any, will Timmann promise, in writing, to give to charity?  Only 40% of Martin County High Schools student pass math and only 50% pass reading and only 32.3% of  are College Ready[2]. The average tutor salary in Martin County is $20 an hour.  Carolyn Timmann’s outrageous $738,000 pension bonus would be better spent on providing 36,900 tutor hours[3] to Marin County Students.

Giving Politicians and Bureaucrats a paycheck and a pension at the same time to do the same job has led to $39 Billion in unfunded Florida Retirement obligations, a $1,725 liability for every man, woman and child in Florida!

https://thecapitolist.com/frs-double-dip-retirement-expansion-will-make-it-harder-for-private-sector-to-compete-with-state/

[1] https://www.dms.myflorida.com/workforce_operations/retirement/employers/contribution_rates

[2] https://www.usnews.com/education/best-high-schools/florida/districts/martin-school-district/martin-county-high-school-5256

[3] https://www.indeed.com/career/tutor/salaries/stuart–fl