“I resent double dippers, I don’t mind the military one bit however.”
No such thing. No one gets paid two pensions for the same job. Go ahead and tell us who gets two pensions for the same job. Go ahead, we’ll wait.
Been trying to figure that one out too. No one where I work seems to know either. It involves paying back your military time and giving up your military retirement and no one wants to take that chance.
While his statement is inaccurate, I understand the point he is trying to make.
I have a friend who was drafted into the Army and spent his 2 years in Germany roughly around 1967 - 1969. Came to work for my company and retired after 30+ years.
Following his retirement in Dec. 2004 or 05, he subsequently moved to Florida and eventually went to work for the TSA.
Because the TSA is a Govt. agency, he is acquiring a pension that will also include the two years he spent in the Army.
There is not one company in the private sector that will include prior employment into their pension plan unless that employee was VESTED into their plan before termination.
The same thing applies to teachers. My BIL was able to "buy back" the non vested time he spent as a teacher here in Michigan after he was rehired in an Oakland County school district after being a self employed psychologist for almost 30 years and will guarantee him a higher pension payment as well as healthcare.
let’s see, military for 20 years, start pulling in the pension while you are working a GS 9 job, then retire and get your GS 9 government retirement, is that what you meant? Now do you see?
Maybe I’m just jealous and wish I had stayed in the military and started pulling in retirement money in my 40s and then got another government job so I could have a big safety net at the taxpayer’s expense I don’t know
There was a time some people could “double”, even “triple” dip. Federal law doesn’t allow federal double dipping any longer.
There are some of us who will end up with about 40 years employment between military and federal service who still have no promise of any retirement, except from what God Himself provides. We live paycheck to paycheck and over the course of 10 years have saved up enough to last us 1-6 months of adversity.
Obama has already eaten that up.
I rely on God for provision of security through faith in Christ. This furlough was intended to cause evil, but through faith in Him, has promoted perseverance.
Thank you Lord.