Contact: Dave Jaye, Researcher | 586-488-5177 | dave.jaye55@gmail.com

Fake Retirements give 394 Retired Florida Public Employees over $51 Million in pension cash bonuses as these bureaucrats actually retire in November 2022.

The Highest Pension Cash Bonus Payout this month is $690,870 and OVER HALF will collect over $100,000 with an average of $130,030.26.

“Although they never really retired, tens of thousands of Public Employees and Politicians just file paperwork pretending to retire but keep on working and pocket Billions in salaries and around $4.63 Billion in pension payments at the same time to do the same job and are the only Florida Public employees who don’t pay 3% of their salary into the Pension System,” stated Dave Jaye, Researcher, https://tripledippers.org/  “No Retirement Party, No Speeches, No Gold Watch, and No break in Employment!  This scheme to rip off taxpayers was approved by every Florida Government Entity from Mosquito Districts to Cities, Counties, Schools, Universities, the State Legislature and Governor.  These Public Employees in conjunction with their supervisors are perpetrating fraud. The Public Manager or Politician simply signs off on the Fake retirement. If the paperwork is in order that’s good enough. Even though the public employee and Politician never really left their job.

No private company allows such abuses. Add the Cherry on the top – these Triple Dippers are cashing out their unused days off at their final highest salary, not the salary when the days were earned taking more money from taxpayers and artificially increasing the final year’s pay on which their pensions are calculated. Collecting a paycheck and a pension at the same time, Triple Dippers can afford to delay Social Security which then increases 8% per year to age 70. That’s about a 40% increase in Social Security payments!  Triple Dippers is formally called the Deferred Retirement Option Program (DROP).