Re: “Late pay raises spike Washington pension benefits” (TNT, 4-7).
I served as the Lakewood fire chief when three chief officers retired in early 2010, as recently highlighted by Associated Press reporter Mike Baker. However, several key pieces of information were left out of the article.
For instance, Greg Hull was entitled to a retirement benefit equivalent to 81 percent of his final salary (2 percent calculated for each of his 40.5 years of service). When reporting his pension amount, Baker fails to mention that Hull purchased additional retirement credits through a state program when he retired, spending more …