Kriste Kibbey Etue

The embattled director of the Michigan State Police stands to lose about $161,903 if she is forced out before March 1, 2018 due to a lucrative state police program in which she is enrolled.

Col. Kriste Kibbey Etue, director of the Michigan State Police, is in the fifth year of enrollment in a program called the Deferred Retirement Option Plan (DROP), which allows officers to accrue early pension benefits alongside their regular paycheck for up to six years. According to the Michigan Office of Retirement Services, Etue enrolled in DROP on March 1, 2012.

If Etue can last the full six years, the program will pay 100 percent of her estimated pension benefit for the full six years that she receives on top of her regular salary. If she leaves now after just five years in the program, she’ll get 90 percent of her full pension benefit for five years.

Based on Etue’s 2016 salary of $155,000 and her 30 years of service, she is eligible to collect an estimated pension of $93,000 a year. If she remains on the payroll until March 1, 2018, she could retire with 100 percent of the DROP program reward, which would be six years multiplied by $93,000. If she leaves before March 1, 2018, she’ll get 90 percent of her $93,000 annual pension multiplied by five years. The difference is about $161,903.

Stay Engaged

Receive our weekly emails!

The DROP program is essentially a form of pension double dipping created in 2004 to prevent experienced officers from taking advantage of early pension benefits authorized by previous legislatures. Those benefits have created a situation in which many officers retire with full pensions in their 40s, sometimes going on to a second career elsewhere.

The Michigan Legislative Black Caucus has demanded the immediate resignation or termination of Etue after she posted a meme on Facebook critical of NFL players who kneel during the national anthem. The caucus met with Gov. Rick Snyder on Tuesday.


Related Articles:

Use Extra Community College Money to Lower the Income Tax

State Police Pay 43 Officers Over $300k Each To Not Retire

MSU Drops Algebra From Graduation Requirements

Wayne State Drops Math Requirement, May Add Diversity Requirement

No Conspiracy Behind Cheap Gas Prices, Just Good Old Supply and Demand

Stay Engaged

Simply enter your email below to receive our weekly email:

Facebook
Twitter

Renting out the family summer cottage is a common practice in Michigan, and with today’s technologies, it’s easier than ever, empowered by services like AirBnB, HomeAway, VRBO and more. These short-term rentals mean vacationers can find a place much more easily and inexpensively, while owners can earn some extra money. It seems like a win-win. Not everyone agrees. Some in the accommodations and tourism industries aren’t happy with the increased competition and are advocating for limiting people’s rights to rent out their homes. Some homeowner associations are pushing back as well. And while cities like Detroit and Grand Rapids have mostly embraced home sharing, some local governments have restricted and even banned the practice.

Related Sites