One day when there just arent enough taxes or govt effectively loses ability to collect there are going to be millions of former gov’t employees learning the hard way what those of us in the private (productive) sector already know....when the money is gone its gone
I almoat kinda look forward to that day and the end to the idea that 20 years working for govt entitles you to other people’s money for the rest of your life
“I almoat kinda look forward to that day and the end to the idea that 20 years working for govt entitles you to other people’s money for the rest of your life”
I just hope I live long enough to see California go bankrupt and all these bloodsuckers find out that “their pot at the end of the rainbow” is now full of just IOUs.
I know personally, “public servants” who are rabid about how their “contributions to society,” are of such value, that their pensions are inviolate, and taxes must be raised, in necessary, to carry them to their graves in the style to which we allowed them to become accustomed.
20 years to get retirement, ah no, not in CA. PERS gives you a retirement at 5 years.