Their retirement system is nothing like the private sector. A recent retiree at 55 or so, is making $45,000 a month, taxpayer money in retirement until the guy dies, 30 or 40 years from now!!!
Yeah, my community college in California is basically a “Nursing home with a Library.” All the college’s revenues go to straight over to funding retiree health benefits and pensions.
“Their retirement system is nothing like the private sector. A recent retiree at 55 or so, is making $45,000 a month, taxpayer money in retirement until the guy dies, 30 or 40 years from now!!! “
Exactly1 I’ve been harping on this for years:
Take ALL gov retirement benefits, roll them ALL into the “social security trust fund” and WE private sector persons get to retire BEFORE the public SERVANTS...not AFTER.