Tag Archives: pension

Elsewhere In The World: Distrusting Fisherman Buried Life Savings Eaten By Worms

Chinese Fisherman Has Buried Life Savings Eaten By Worms Let this be a lesson to all you wannabe hustlers with money stashed in your shoe box… Via Yahoo! UK A pensioner who didn’t trust his local bank to look after his life savings chose to bury the money in the ground – only for most of it to be eaten by worms. Poor Wu Chen, 67, stashed the cash in a carrier bag five years ago, feeling sure it would be safe. But when he recently came to make a withdrawal he found that insects had been feasting on his funds and there wasn’t a lot left. Mr Chen didn’t tell anyone when he squirreled away the 35,000 RMB (£3,627) in a plastic bag, placing it in a hole in Deyang, in south-west China’s Sichuan Province. He said: “It was my pension fund payment and all of the savings I’ve had from working as a fisherman all my life.” That’s a sad way to lose what amounts to about $5,000 in U.S. dollars. Shoulda put the money in a real safe, playa! Image via Yahoo!

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Elsewhere In The World: Distrusting Fisherman Buried Life Savings Eaten By Worms

People Ain’t Isht: Pervy NYPD Cop Fired For Secretly Taking Raunchy Pics Of Woman After She Was Sexually Assaulted Sues Department For Pension Gwap!

What the HELL makes this fool think he deserves some money?? Fired Pervert NYPD Cop Sues Department For Pension Money Via NYDailyNews A former detective who was canned for allegedly taking sexually explicit photos of rocker David Bowie’s stepdaughter after she had been raped — and a photo of another, topless woman in police custody — is suing the New York Police Department to get his pension. Richard Vecchio claims he would have racked up over 20 years on the job had he not been fired for official misconduct. “His retirement benefits should not have been diminished in any way as a result of that termination,” his suit in Manhattan Supreme Court states. And Vecchio is suing even though a state appellate court last year upheld the NYPD’s decision to fire him for “the criminal offense of official misconduct.” The charges that Vecchio “violated several provisions of the Patrol Guide by, among other things, improperly taking and possessing nekkid photos of an arrestee and a sex assault victim are supported by substantial evidence,” the court ruled. There was no immediate comment from the NYPD. Vecchio was told to turn in his gun and badge in 2004 after prosecutors accused him of taking 15 nekkid pictures of then 25-year-old Stacia Lipka, whose mother was Bowie’s ex-wife. #CreepLife The photos of Lipka were taken at a Staten Island hospital room. Vecchio and his partner, Detective John Holbert, were investigating Lipka’s sex attack. Vecchio was also accused of snapping lewd photos of then 20-year-old Kristina Sellers after she had been stopped because police thought she left the scene of a 2003 accident. She was later cleared of that. The sick snaps were later found in Vecchio’s locker at the 123rd Precinct along with an freaky magazine, a bottle of whiskey, and pictures of Britney Spears. Vecchio was acquitted in a bench trial, but his two accusers went public and sued. The city wound up settling, paying $80,000 to Lipka and another $70,000 to Sellers. Meanwhile, the NYPD fired Vecchio in September 2008 after he was found guilty of 11 out of 19 disciplinary charges and partially guilty of four others in a departmental trial. Vecchio appealed. But it wasn’t until April 2012 that the appellate division ruled on the case and upheld all but two of the charges for which he was found guilty. The audacity of this thirsty a$$hole! He gets “pension” every time he gets to breathe air with his freedom still intact. Images via AARON SHOWALTER/NYDaily Continue reading

More on State Pensions

http://www.youtube.com/v/TvNIL-jsyW4

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Author: Veronique de Rugy Here is a piece I wrote for Reason.com on state pensions. I look at three common misconceptions and illustrate them with examples from three states: New Jersey, Connecticut, and Ohio. Here’s the bottom line: We can argue endlessly over when the pension plans will run out of cash, or what the true value of the unfunded liabilities is. We can even debate what the true meaning… Broadcasting platform : YouTube Source : The Corner Discovery Date : 11/03/2011 18:00 Number of articles : 2

More on State Pensions

Russian Man Single-Handedly Builds Underground Subway System

Everybody is into rail these days; it is the greenest way to get around next to a bike. Leonid Mulyanchik has been into it for years since before the Berlin Wall fell, since before the first Macintosh, building “his own private underground Metro railway system.” English-Russia says that he has been doing it with his pension, that it is all legal and approved and that he is still at it. Gizmodo c… Read the full story on TreeHugger

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Russian Man Single-Handedly Builds Underground Subway System