To get an $80,000 per year pension you'd need to have been a top end appointee, SES, or General grade officer for at least 3 years plus have most of your life spent in a federal position ~ which places you among the very few.
Remember average entry into federal service is at age 35!
It's far more likely that a pensioner with $80k would have worked for a state or couny highway department ~ and is probably barely literate.
OH did I say $80,000 per year pension, try $120,000 per year pension for 20 years of doing nothing at a government job. $120,000 is many millions worth per year in many foreign countries (compare living expenses you can live like a king for only a few us dollars in many countries).
http://www.foxnews.com/opinion/2012/03/02/government-employees-true-1-percent/
How did America become broke and insolvent? How did we build up an unimaginable $115 trillion in debt and unfunded liabilities? How did we allow the American Dream to become a nightmare?
The truth is that government employees are the true 1%. We have far too many of them (21 million), many of them are paid too much, and their union demands are straining taxpayers to the breaking point.
They have become a privileged class that expects to be treated superior to the taxpayers — the same folks who pay their salaries and pensions. But it is their obscene pensions that are the big problem moving forward for America.
How would you like to retire with $6 million? $8 million? $10 million? All you have to do is become a government employee to hit the jackpot.
You dont believe me? Do the math.
I recently talked with a retired New York City toll taker. His salary averaged about $70,000 per year over 20 years. But in his last few years he worked loads of overtime and added in accumulated sick days to get his salary in those final years up to $150,000.
His pension is based on his final years’ salary. This is a common pension-padding ploy.
He bragged that he will now get a taxpayer funded pension of $120,000 a year for the rest of his life. Hes only 50 years old.
The average 50-year old male has a life expectancy of almost 80. With automatic cost of living increases, thats a bill to taxpayers of $5 million for the next 30 years —for not working. THREE TIMES WHAT HE EARNED WHILE WORKING.
And, of course, were also paying his medical bills.
No country, no budget, and no taxpayers anywhere in the world can afford this. Ask Greece.