Schaitberger Bankrupts Pension Fund

2006 Secret Amendment Cause of Massive Deficit

Harold “Shady” Schaitberger

The International Association of Firefighters (IAFF) executive board was rocked by news at its recent meeting that their pension system requires an immediate $2 million dollar bailout; one of possibly many, in order to remain solvent.

Plan documents show that liabilities have skyrocketed from $65,000,000 to over $87,000,000, an astonishing 33% increase.

At the same time, the funding target percentage has tanked in a single year from 84.25% to just 66%.

How and why?

Auditors discovered a secret pension enhancement, known as “Amendment 6”, created by Harold Schaitberger in 2006, which allowed for the collection of benefits at age 53 without an early retirement penalty.

Sources say it was enacted without the specific approval of the executive board after it was hidden in a committee report as a no-cost technical amendment.

They also report that the secret pension enhancement was apparently made retroactive to 2002, two years after Schaitberger was elected at, you guessed it, age 53.

Those with pension experience know that enhancements are seldom if ever retroactive, except in the world of Harold Schaitberger.

Such retroactivity could have allowed Schaitberger to receive tens-of-thousands of dollars of pension benefits improperly in what can only be described as a brazen money grab.

In addition, while receiving a current salary of approximately $330,000, plus expenses, Schaitberger has been double-dipping a $100,000 pension for twenty years which the 2006 secret amendment made much more valuable.

The executive board says they were not aware that Schaitberger has been double-dipping.

Now that they know, what will they do about it?

Schaitberger’s secret shenanigans have been exposed and the bill is due.

Who pays?

Why, IAFF members, of course.

Call/text your IAFF district official or email him to demand the corruption end now before our union is completely destroyed.

New York, New Jersey: jslevin@iaff.org

Iowa, Kansas, Missouri, Nebraska: mwoolbright@iaff.org (314) 393–9755

Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, Vermont: jcolbert@iaff.org (617) 307–8076

Delaware, District of Columbia, Maryland, Pennsylvania, Virginia, West Virginia: akpantelis@iaff.org (301) 674–3448

Minnesota, North Dakota, South Dakota, Wisconsin: tthornberg@iaff.org
(612) 290–8015 (Cell)

Alberta, British Columbia, Northwest Territory, Saskatchewan, Yukon:
mcarter@iaff.org

Alaska, Idaho, Montana, Washington: rwalsh@iaff.org
(509) 999–3090 (Cell)

Illinois, Indiana, Kentucky, Michigan, Ohio: msanders@iaff.org

(513) 260–2381 (Cell)

Colorado, Nevada, Oregon, Utah, Wyoming: rrahne@iaff.org
(303) 619–2462 (Cell) (303) 988–0177 (Home)

Arizona, California, Hawaii, New Mexico, Guam: flima@iaff.org

(213) 507–6317 (Cell) (213) 485–2091 Ext 1 (Office)

Canal Zone, Oklahoma, Texas: smcghee@iaff.org (918) 855–8228 (Cell)

Caribbean Area, Florida, Georgia, North Carolina, South Carolina: wdix@iaff.org (954) 444–8111 (Cell)

Manitoba, Ontario: fleblanc@iaff.org (613) 328–2195 (Cell)

Alabama, Arkansas, Louisiana, Mississippi, Tennessee: dtodd@iaff.org

(901) 386–3129 (Office)

New Brunswick, Newfoundland, Nova Scotia, Prince Edward Island, Quebec
dburry@iaff.org (709) 744–2709 (Home) (709) 689–7574 (Cell)

All federal fire fighters of the United States and Canada: jjohnson@iaff.org
(202) 360–1318 (Cell)

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5 Comments

  • Gregory says:

    Was he ever really a Firefighter? I doubt it very much. I knew I didn’t like him from the beginning if his first term. Vinny Bollon would never have allowed this to happen!

  • Larry Staples says:

    If the facts are true then he should resign.

  • Willi Gehl says:

    If the facts are true then he should have his balls cut off and stuffed into his mouth….resign????

  • Southwest IAFF Firefighter says:

    Resign…? He should be charged with constructive embezzlement and tried in the court of law, if the courts prove these allegations to be true he should face the consequences.

    Question: What’s difference between what Harold is to have allegedly done and what Bernie Maddoff did? Only the courts and forensic accounting can answer this question… and if true, there is no difference!

  • Star Witness says:

    To All: Sometimes people get away with and control things for so long, they never think they will get caught. Harold’s motto has alway been: “DO IT, UNTIL YOU GET CAUGHT!” I know this on a personal level as it related to me.
    In our society we see all too often, people that are corrupt and get away with things, until they finally get caught. In truth, in the end, they are bullies and crap their pants when they finally get caught. May God protect your IAFF members and union. Your men and women work so hard and do not deserve this type of representation. But, it is up to YOU to keep them accountable and honest. Respectfully. Linda

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