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To: Poundstone
As a federal employee, I completely disagree with this bogus "study." We don't make big bucks in the federal government, I assure you. Believe me, the taxpayers are getting their money's worth!

That's bullcrap. Federal pensions are fantastic. Same for medical

44 posted on 05/19/2006 5:12:30 PM PDT by dennisw
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To: dennisw
The way the federal pension system works out the employees pay for their own pensions.

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.

55 posted on 05/19/2006 5:20:05 PM PDT by muawiyah (-)
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To: dennisw

Federal pensions used to be fantastic, under the old CRCS plan. The current FERS is nothing to crow about.


204 posted on 05/19/2006 8:04:32 PM PDT by SoftballMominVA
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