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!
My Dad retired at 55 YOA with 35 years of service with the City of Atlanta. He did not make 100% of his pay, but after a few years of COLAs he was making more. When he passed away in his 80’s he was making probably twice or more than his ending pay.
He worked in the Public Works department, streets, sidewalks, sewers, storm sewers, etc. Started as a laborer ended up as a work crew foreman.
BTW When he retired he was getting 13% on his CDs in 1982 and I was paying 16.25% for a mortgage. He would say he missed the days of getting that interest on his CDs and I would say I do NOT miss the 16.25% mortgage rate.
Another point: When I started work in 1973 fresh out of college, I made the same pay as him, $12,000 a year, while he had been working for 20+ years at that point. He said to go to “trade school”, but I ended being the “college boy.”
My son just graduated with his BS and he started work at about a 67% of what I make today. I wish him well, but I am afraid we are all in for some tough times.
When my Dad retired he hard worked outside most of his work years, it took a toll on him. He was not a parasite.