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Yes, and the “cost of living” increases have to stop. It was an insane idea to put into effect a law which would untimately enable government retirees to draw more than they earned while working. THAT MUST BE CHANGED!

I agree 100%. Also they need to raise the retirement age to these gov't employees to at least 62 if not 65.

Gov't employees if they have their time in retire at age 53-54-55 with 85-90% of their pay that's insane. Within a few years time Cola's get them over their working pay

But yet the gov't now is telling me I cannot get my SS until age 68 or 69.

A fire chief in my town retired at age 54, get's his full gov't pension and then got another job as a state fire marshall. I about had a cow over that one.

I don't begrudge anyone a decent salary but these conditions are crazy.

Gov't employees if they have their time in retire at age 53-54-55 with 85-90% of their pay that's insane.

Not So

Employees hired before a certain date in the 80s stayed in the old system
Yes they could retire at 55 but at about 50-60% depending on how many years in service

New hires after that date came under Social Security and were allowed to invest a certain portion of their salary in several different investment plans such as Government Securities--stocks etc __The government matched their savings I think up to 5% so they are not retiring and getting Social Security at 55