No government pensions.
No matching 401k.
You save what you want to save.
It’s public service, not a career.
Don’’t like it, get a real job.
The Government Monster needs to be reduced, that means FEWER GOVERNMENT EMPLOYEES.
I’m with Macoozie. Government jobs are not meant to be Cadillac jobs with Cadillac pensions. It is public service, not the Great Teat. I’m all for reining in pensions, promised or not. The promises were made in politicking, were they not? The politicians promised other people’s money. It’s not there.
Our anger is misguided when we see employees and pensioners as the bad guys.
In years past our Federal government spent a huge baby boomer surplus, which existed in the Social Security Trust Fund. IOUs replaced real money in the trust fund. When that fund goes bust, are Social Security Annuitants to blame? If you believe so, your anger is misplaced.
When a state or local government promises employees a pension to be funded with equal contributions from the employee and the government - but later the government decides not to contribute its promised share. Whose fault is when the pension fund gets in trouble. It's not the employee.
Private or public - a promise is a promise. If governments want to change or eliminate pensions - that's fine. However, let's not allow politicians to place blame on innocent parties when it's they and those administering pension plans who are responsible .