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To: muawiyah

Aside from the military I don’t think anyone deserves a taxpayer funded retirement after only 20 years of employment. Sure the govt should contribute just like the private sector. We cannot afford these massive pensions especially the double dip kinds.


166 posted on 05/30/2011 7:40:07 PM PDT by driftdiver (I could eat it raw, but why do that when I have a fire.)
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To: driftdiver
Since nobody is getting a "double dip" pension, and 20 years only gives you a partial pension under any conditions (other than total disability incurred in the line of duty and you're a cop or fireman), what is your complaint really?

A 20 year retirement under the FERS system will give you about 20% of your high 3. Under CSRS that'd be about 30%, but you wouldn't get Social Security.

But the question was about what you think a FULL BLOWN PENSION might be. If you want to say 20% is FULL BLOWN, go ahead and say that.

167 posted on 05/31/2011 2:55:00 AM PDT by muawiyah
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To: driftdiver

“Aside from the military I don’t think anyone deserves a taxpayer funded retirement”

I agree. The thing is USPS employees do not receive taxpayer funded retirements - they are part employee funded and part of it is the benefits package they were offered when they hired on, which also is not taxpayer funded. There is no golden parachute type of retirement as many seem to believe.


174 posted on 05/31/2011 7:57:36 PM PDT by Heart of Georgia
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