FEDERAL WORKERS PAY NOTHING
AND TO TOP IT OFF THE FEDERAL GOVERNMENT DOES NOT PAY ANYTHING INTO AN ACCOUNT EITHER, THEY JUST PAY THEM OUT OF CURRENT TAXES WHEN THEY ETIRE
it like this- if i told you to give me all your retirement money, and i spend it all, and tell you i will pay your retirement out of my paychecks when you retire
federal workers have a TSP plan to which they contribute (like a 401K)
In fact having bumped up to the debt ceiling Timmy Geithner uses part of the TSP fund to run the government, I believe, an end run around getting Congress to raise the debt ceiling
And this is the second time this year the government “borrowed” the federal pension funds to run the govt
Of course they “promise” to pay it back
what is the number....like 60% of American homes have someone getting some govt money?...
democracy can not continue when people know they can vote themselves in more loot...
so that leaves the rest of the workers paying for all..
.the return of Robin Hood is upon us....