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View Diary: Obama budget raises federal worker pension contributions but cuts pension payouts (82 comments)

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  •  You don't get it but you will soon. Add you (0+ / 0-)

    pension and benefits, you did not make so much less, you just received deferred compensation but the good news is that unless our government goes bankrupt(and some local government have, all government is not created equal) you will not lose your pension and healthcare the way so many have when their companies stole the planned retirement.  

    •  I am so sorry that you are angry. . . (1+ / 0-)
      Recommended by:

      . . .  I am not so sure that I will not lose everything. The pay I lost because of my choice will not be compensated by a pension (which has already been cut once).  And I am to old to compensate.    I cannot justify what has happened to you, but I did not cause it either.  Your anger is tiring and misdirected.

      Money ain't free speech and it won't buy you love.

      by waztec on Sun Apr 14, 2013 at 08:56:40 AM PDT

      [ Parent ]

      •  An example: (0+ / 0-)

        My son's girlfriend works in the private sector doing the same job I did, albeit hers was on a smaller scale.  She makes (after you adjust for inflation) about 35% more than I did.

        Money ain't free speech and it won't buy you love.

        by waztec on Sun Apr 14, 2013 at 09:03:54 AM PDT

        [ Parent ]

        •  Does she get a pension and healthcare and all the (0+ / 0-)

          time off that you get as a public employee?  Here is a NY Times comparison.  Enough said...

          Public sector versus private sector

          I am not angry but you are, if you feel that you are so underpaid and mistreated, quit and go to the private sector....I guarantee that there will be 1000 people vying for your job, maybe more.

          •  She gets great benefits (0+ / 0-)

            Ok, I think you are right.  I'll quit-soon.  But I will not seek a job with an employer.  I have been told  that I can make a great deal of money self employed, because my expertise is in demand and I out competed my private sector competitors in college.  I suppose you will still be mad, though.  I think private sector treatment of employees is abysmal.  We agree.  I wish I could help.  I see my sons suffer and it guts me. We are on the same side.

            Money ain't free speech and it won't buy you love.

            by waztec on Sun Apr 14, 2013 at 09:20:20 AM PDT

            [ Parent ]

            •  We are on the same side. My point is that people (0+ / 0-)

              in the private sector are in a GREAT deal of pain, the job insecurity is one of the most painful things out there, I watch people go from job to job, especially young people.  It used to be 2 years was considered standard for a job change, now 6 months is more common....and if you miss a step, you could end up in an abyss.  If you decided to consult, just a word of advice, not as easy as it used to be, the lean times are leaner and miss a step and you are off the list.  I have a friend that has done it successfully, the secret, work for insurance companies and their law firms, they have VERY deep pockets but actually getting paid is almost a FULL time job.

              •  My sons hurt-they hurt!. . . (0+ / 0-)

                . . one has worked 20 jobs since high school.  He is always promised full time work and always ends up working just a few hours part time.  The other works two jobs, one with a few benefits the other without.  He is always working.  They are in their thirties and I still help them keep their 15 year old cars running.  I love my sons and it makes me physically angry that they suffer.  As I said. . .The same side.

                Money ain't free speech and it won't buy you love.

                by waztec on Sun Apr 14, 2013 at 09:35:04 AM PDT

                [ Parent ]

          •  It's a little different for Federal Workers... (0+ / 0-)

            If you look at the report prepared for the CRS entitled "Federal Employment: Pay and Pension Increases since 1969," the wages for Federal Workers rose 428%, while average income in the private sector rose 632% between 1969 and 2010. For the same period, the CPI-W rose 477%. So, Federal pay increases didn't even keep pace with inflation.


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