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The real issue is the growing imbalance in municipal finance between a shortfall of viable revenue sources and the perpetual rise in police and municipal employee salaries, health benefits, pensions and the routine payment of accumulated sick and vacation days upon retirement.
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He earned $67,772 in base salary and $67,000 in overtime, and collected nearly $100,000 in unused sick days and vacation time upon retirement, railroad officials said.
In his memoirs, entitled "A Certain Professor's Statement upon Retirement (from Kyōto Imperial University, December 1928)," he writes: My student days at the Fourth Higher School were the happiest of my life.
Upon retirement, he directed the Troopers Light Opera Company.
Upon retirement, the balance tips the other way.
Upon retirement, she volunteered with adults learning to read.
Upon retirement, he received the Distinguished Career Intelligence Medal.
Upon retirement, she became an Instructor at the American Red Cross.
The days are long gone when a college graduate could expect to go to work for a paternalistic employer and spend an entire career there, with a generous set of benefits and a comfortable pension upon retirement.
In many cases, the corporation can deduct retirement benefits, which are tax-free until the funds are distributed upon retirement.
Upon retirement, he moved to live in the coastal city of Tauranga.
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