February 13, 2014
There are lots of things that need reform in the Memphis pension system and we have talked about the need for going to a defined contribution system rather than the current defined benefit system. Hopefully we will get there if the Mayor and the City Council do the right thing.
However I have often spoken about the need for line of duty disability reform. The Memphis pension board regularly approves applications for line of duty disability applications and has ten times more former employees on line of duty disability than Shelby County government or the MLGW. (These people on line of duty disability get 60% of their final average salary for their lifetime tax free).
Now I find out from Jeni Diprizio (a great reporter for Channel 24) that last month (January 30, 2014) Jason Webb applied for and received approval for a line of duty disability at a yearly disability payment of $34,103.28, tax free for life. Here is the City of Memphis pension board agenda in January.
Who is Jason Webb? Here is the channel 24 article about him. According the Jeni Diprizio the line of duty disability application was approved because Mr. Webb said that he had PTSD (post traumatic stress disorder) as a result of the Lester Street killings.
Let me know what you think about this line of duty disability giant hole in our City of Memphis pension system. Through this hole we are pouring out over $12 million dollars per year, ten time as much as Shelby County government and the MLGW.