That's bullcrap. Federal pensions are fantastic. Same for medical
If I took every penney I'd paid into CSRS or FERS over the years and did nothing but invest it in T-bills, I'd have a higher pension today.
That, BTW, is one of the biggest errors made by the fellows at CATO Institute ~ they forgot about who pays for those pensions.
Federal pensions used to be fantastic, under the old CRCS plan. The current FERS is nothing to crow about.