Wacky Pension-Related Hijinks

By Steve Poftak
April 24th, 2007

Or maybe not so wacky.

The estimable adamg over at Universal Hub points out this interesting nugget in today’s Herald:

A veteran Boston police officer is expected to resign from the force after pleading guilty yesterday to charges he shot a fellow cop during an off-duty argument about whether he was too drunk to drive…he also indicated in court that he would turn in his badge after 27 years of service…entitling him to a city pension. [emphasis added]

Pensions have been on our mind for the past year. We’ve taken a long hard look at the cost of various loopholes and the expense of underperformance at many local pension funds. We have not, however, done anything to close the loophole allowing employees who shoot another employee to collect their full pension.