Could This Happen Here?
Frankly, we're surprised it hasn't yet:
At least some Boston city employees who expected to receive their first paycheck of the month on Thursday will now not be paid until after the holiday weekend, according to a member of the City Council.
Sam Dillon, president of the Boston firefighters' union, said he heard from some members who were not paid. He wants an investigation and is asking the city to pick up any overdraft fees incurred by employees.
City employees were sent a memo stating, "We are aware that the availability of funds may be impacted by different banks' processing schedules" related to the holiday. "Most of the deposits went through yesterday," Mayor Michelle Wu said on Friday. "Some even came through earlier today."
Yeah, and some didn't.
Everyone does Direct Deposit now. The last guy we remember not having it retired two years before we did. And if you have Direct Deposit, you probably have some automated payments set up for various bills - gas, electric, mortgage, car, etc.
And now you're on the hook for bounced checks?
Has the FOP ever considered a remedy for this? We were never one to live check-to-check, but some aren't as lucky as we were with a decent financial plan, no crushing student debt and a cushion we built up over time.
Labels: FOP, money questions
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