Excessively generous. The "serf" class gets nothing like it.
Macabe will just get another plum job from the RATS and have to wait but he will get the full pension in time.
Am hoping he will go to prison, and so therefore won't need a pension.
Federal pensions were funded by higher than usual payments from the employees and were entirely solvent when the phase-out began under Reagan. Nor are they higher in payouts than many others. SS was never intended to be a pension so that is not a correct comparison.
The average federal pension six years ago was not quite $33,000 extrapolating from that it is on the order of $45,000 today in other words the same as the mean household income. The average retirement income for private sector employees was allegedly about $31,500 or around $42,000.
Those at the level of McCabe (I would estimate his would be on the order of $140-150,000 given his pay grade if he takes it as an individual w/o putting his wife on it.) There are only a few who have his pay-grade in the fed/gov. Highly placed private business men (at his pay-grade) often get much more as well as Golden Parachutes. Even if they ran the business into the ground.