Unions are awesome arent they. I always imagined union rail workers already made pretty good bank.
They do.
And railroad pensions are privately funded. No public money. As a rail worker, you pay a lot of money into that pension fund, for you and your spouse, as you both get a pension check if you make full retirement
30 years, or more, of service…….60 yes old…..150% of your salary.
IE: engineer makes $130k(avg). Hits the numbers. He and his wife are bringing in $195k a year.
But they also know that most of them don’t get to enjoy a lot of it because they count on them dying.
I worked with a guy that did 35 years. Didn’t make it 3 months.