**That is the problem of all the liberal states. NY, NJ, IL, MA, CT, RI all have these retired state employees collecting pensions for 30+ years in retirement.**
That’s a bit unfair....as a retired teacher, from CT, I *paid* into the retirement fund for 33 years. I paid taxes on the money put in; and state income taxes again, on the pension. And so it goes. The State did not hold its end of the bargain, and did/does not pay their mandated share into the retirement fund. CT’s unfunded liabilities is staggering.
https://ctmirror.org/2016/05/16/report-ct-4th-worst-in-unfunded-pension-liabilities-per-teacher/
It may not be “fair” that the state of CT did not maintain their/your pension fund. All politicians CAN NOT BE TRUSTED.
My only point was it is a fact that these states will not be able to pay their retirees based on the amount of money coming in. It is like a pyramid scheme. Eventually, it will run out. Just like Social Security.
FYI, I have a brother and sister in law who both work/worked for the Federal government. My sister in law fully retired @ 49 years old. My brother could retire if he wanted to.
One of the other traders in the office has a wife who works in the Mass school system. She is a special education administrator on the north side of Boston. She makes $95K.