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To: Obama_Is_Sabotaging_America
FAT CAT PENSION liabilities,

Yep. They only have to work 20 years and they can collect a full pension. If they got their job at 18, they can retire at 38. They get that fat cat pension for the next 50 or so years!
They're on retirement benefits twice as long as they worked.

Government jobs are a scam. They've become the public masters, and the taxpayers have become their "servants".

45 posted on 12/22/2012 6:21:14 PM PST by concerned about politics ("Get thee behind me, Liberal")
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To: concerned about politics

20 years and a full pension? No, I think you have postal workers confused with cops, firemen and soldiers and the 20 yrs/half pay for life equation is gradually changing for them too.


75 posted on 12/23/2012 3:45:26 AM PST by skepsel ("Whole lotta things I ain't never done, ain't never had too much fun" C. Cody)
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To: concerned about politics

Your ignorance is blinding. I’ve been a city letter carrier for 22 years, will not be eligible to retire until age 65. I am 49 years old . You do the math.

Civil Service Retirement Plan was ended in 1983. All other employees are under the Federal Employees Retirement System. FERS is a 401, with one exception; employers matching 1% went out the window 3 years ago. my retirement is what I contribute plus whatever interest it earns; as of my year-end statement, it stands at 2.11%.

As for taxpayers being our servants, the USPS doesn’t use tax dollars. The money comes from the products we sell. If you don’t want to “subsidize” the USPS, there is two simple steps; don’t buy any postage, and PULL DOWN YER FRIGGIN’ MAIL BOX! A whizz like you ought to be able to figure them thar ‘structions out.

Oh geez, my IQ is plummeting.


88 posted on 12/23/2012 6:14:48 AM PST by SgtBob (Freedom is not for the faint of heart. Semper Fi!)
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