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And what about all of those government retirees? I know several government retirees (social security, land conservation to name just 2) that are just retired. At ages 58 and 60! They were pulling in some big bucks and are apparently retiring at almost full salary. How does this work anyway?

You nailed it right on the head. While SS is going down the tiolet and private companies are eliminating pension plans, more and more gubbermint workers are being offered and are retiring under lavish pension plans. Here in California they are giving away the farm to the public employee unions. Police, fireman, prision guards and park rangers can in some cases retire at age 50 with 90% of final salary plus medical for life. Other state empoyees can get up to 60 or 70% of salary. My brother is an engineer for the state and is planning on retiring in his early 50s. Will be interesting to see what happens down the road when John Q. Public gets notice from the SS Admin that he needs to work til age 75 just to be able to collect a pittance from SS, while his neighbor just retired at 50 to a life of leisure on a public pension. The freaking gubbermint is robbing us blind so it's workers can retire early!