Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Red in Blue PA

Need to find out what bonuses, when paid and when gov money went in.

The government however issued far more then 18 B in bonuses to government employees - anyone upset about that?


5 posted on 01/30/2009 11:57:20 AM PST by edcoil (Hey, I found my round-tuit, guess I'll go to work now.)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: edcoil
Hmm, $18 billion in federal employee bonuses.

Let's say we had 3 million federal employees. That would be 18,000,000,000/3,000,000 pr 18,000/3, or 6,000 per federal employee.

That's not exactly the kinds of bonuses those bankers got!

BTW, whatever part of his federal pay a federal employee might get as a "bonus", it's still gotta' be under the federal employee paycap.

Then, there's this trick. The reason they give someone a "bonus" is because that's a one time payment. It doesn't count in your retirement computation. The federales don't have to pay TSP on it either.

Bonuses for mid-level federal employees are designed primarily to cheat them out of retirement credits.

214 posted on 01/30/2009 2:20:55 PM PST by muawiyah
[ Post Reply | Private Reply | To 5 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson