To say that Deferred compensation is reason for public sector employees' willingness to work for lower wages is a joke when you look at what those "civil servants" make for the little work they do.
And, yes, this even applies to the military, police, firefighters, and others who "serve and protect"...just not for all the same reasons.
No country can afford o continue paying out over half of every civil budget to people who once worked for a public entity...it's hard to fill a pot-hole today when the money has already been paid out to support the guy who filled it in twenty years before. Further, it's absurd to pay "deferred compensation" to employees who "retire" in mid life or before and immediately double dip themselves into competition with civilians who need the income to eat.
When civil "servants" (and entrenched mega unions)are willing to play by the same rules as the rest of us, I'll listen to the wails of victimhood.
Maybe.
I know lots of "retired" gruberment workers in their 50s and early 60s who work for fun, because they're getting a check in the mail, and take the work away from people who need to work to put food on the table.