- eAlmanac | A Unique Online Reference Source - http://www.ealmanac.com -

 

Double Dip (Employment)

Posted March 2, 2011 @ 9:59 pm In Numbers,Two | No Comments


How It's Used

“States are cracking down on a controversial practice that lets government workers collect pension benefits while continuing to work for a salary. The practice—called 'double dipping'—lets tens of thousands of state and local workers retire, collect pension benefits and then keep working, often at the same job.”—Dennis Cauchon, “States Eye Cycle of Retiring, Rehiring,” USA Today, July 17, 2008.“A Fabrizio poll for Citizens for Limited Taxation discovered that the average Massachusetts voter believes that 41 cents of every state tax dollar are wasted. Coincidentally, that's the share of the state budget funded by the income tax. One big drain is a pension program that doles out billions each year to double-dipping pensioners and state workers retiring at taxpayer expense in their late 40's or 50's.”—unsigned editorial, “Boston Tax Party,” The Wall Street Journal, August 5, 2008, p. A18.

Links

Related on eAlmanac
Double-Dip Recession

Beyond eAlmanac
Wikipedia article on "Double Dipping"



Article printed from eAlmanac | A Unique Online Reference Source: http://www.ealmanac.com

URL to article: http://www.ealmanac.com/4064/numbers/double-dip-employment/

Return to article

Copyright © 2012 eAlmanac. All rights reserved.