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To: Twotone

The minute they started pulling down 150k salaries and retiring at 55 with 100% pensions, they became parasites.
They are driving the rest of us broke with their power to tax and spend.


6 posted on 03/29/2010 10:00:36 AM PDT by Oldexpat
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To: Oldexpat
The minute they started pulling down 150k salaries and retiring at 55 with 100% pensions, they became parasites.

I'm a government employee, could you please point me to where I might find one of those pensions?

I can retire at 62 just like anyone else, and my "pension" consists of a 401(k) and 3% of my "high three" years.

14 posted on 03/29/2010 10:03:48 AM PDT by Terabitten ("Don't retreat. RELOAD!!" -Sarah Palin)
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To: Oldexpat
Sure woulda' liked one of those 100% pensions ~ but they don't offer them in the federal government. Most you could get was 80% of high 3, and usually that means 75% Max, and usually less.

I do believe you are confounding the term "full pension" with "100%".

A "full pension" is the one the law provides for the number of years worked, the basis upon which the payment is computed, and other factors such as separate contributions (something available to federal employees ~ just pay in more and you get out something doggone close to T-bill interest rates ~ this, btw, used to be the federal pension system. Wasn't until Roosevelt that the federal government even had something like a recognizable retirement system for its workers.)

State and local government pensions have no relationship whatsoever with the federal government system.

20 posted on 03/29/2010 10:08:31 AM PDT by muawiyah ("Git Out The Way")
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To: Oldexpat
“The minute they started pulling down 150k salaries and retiring at 55 with 100% pensions, they became parasites.”

Can you tell me what government jobs are getting that kind of pay? (100% pensions????)

The only ones I can think of are the ELECTED officials and their direct appointees!

26 posted on 03/29/2010 10:13:35 AM PDT by ROLF of the HILL COUNTRY (It's the spending, Stupid!)
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To: Oldexpat

“The minute they started pulling down 150k salaries and retiring at 55 with 100% pensions, they became parasites.
They are driving the rest of us broke with their power to tax and spend.”

This. End of thread.


30 posted on 03/29/2010 10:18:46 AM PDT by Anti-Kenyan
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