A Spotlight analysis of retirement records, labor contracts and city payroll data explains why Miami firefighters are far more likely than other city employees to retire with six-figure pensions — and why those costs may continue to grow.
Tag: public employee pensions
Former City Attorney Sues Miami Over Disputed Pension Cap
Former Miami City Attorney Victoria Mendez argues a $100,000 pension cap adopted during Miami’s 2010 financial crisis became unenforceable after many of the emergency measures were struck down in court — a position the city’s civilian pension administrators say has left the retirement system underfunded by the City of Miami.
Inside City Hall: The Rise of Six-Figure Public Safety Pensions
As Miami officials ask voters to approve $450 million in borrowing for new police and fire facilities, a Spotlight analysis of retirement records reveals another major long-term public safety cost: The city’s police and fire retirement system paid out nearly $192 million last year in pension and cost-of-living benefits.
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