Got a pension? What is it in comparison to your last paycheck?

[Pub-911]

Originally Posted by DaveWA

With these income and retirement issues, I am always surprised about the regular beatup on government worker pensions. If only we could put that energy into to getting all workers a reasonable retirement income.

There is nobody else here but us. We are the ones who pay for everything. As consumers, we pay for the golden parachutes of corporate and financial titans. As taxpayers, we pay for the retirement benefits of lawmakers and long-term civil service types. The only real difference anymore is that benefits are more widely and evenly distributed among public sector. workers.

[oldsoldier1976]

Originally Posted by DaveWA

Wikipedia shows US public sector employment is around 15% of the workforce, european countries are 25-30%. Most European countries have much better retirement incomes , both public and private, but still seem to function.
Since the 70s, most income growth in the US has gone to the 2 top income quintiles while the bottom 20% has hardly moved. If you want to look at gold plated retirements, try CEOs of private sector companies irrespective of their performance or their companies. And with the tax concessions, tax payers pay for a fair part of them as well.
With these income and retirement issues, I am always surprised about the regular beatup on government worker pensions. If only we could put that energy into to getting all workers a reasonable retirement income.

If only people would!!!!!!!!!!!!