Plebe
La verdad no peca pero incomoda
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http://www.tennessean.com/story/spo...ves-personal-property-tyler-summitt/89317990/
I'm not that familiar with standard operating procedures for publicly funded state retirement systems, but can someone tell me if this is normal for a state's taxpayers to be on the hook for supporting a retiree's child for so many decades beyond the retiree's death?
The relevant excerpt from the article:
I'm not that familiar with standard operating procedures for publicly funded state retirement systems, but can someone tell me if this is normal for a state's taxpayers to be on the hook for supporting a retiree's child for so many decades beyond the retiree's death?
The relevant excerpt from the article:
Tyler Summitt also was designated by his mother to be a non-spouse beneficiary of her state pension. When she retired, Pat Summitt opted to collect a monthly benefit of $14,460, or $173,520 annually in 2012. That benefit, with an annual cost-of-living adjustment, is now collected by Tyler Summitt for the rest of his life. Pat Summitt could have opted instead to collect $21,141 per month, or $253,632 annually, without choosing a beneficiary, and the payments would have ended upon her death.