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Default Overreacting government

Keyser Söze wrote:
On 12/15/15 9:15 PM, Califbill wrote:
True North wrote:
On Tuesday, 15 December 2015 18:09:00 UTC-4, Califbill wrote:
Keyser Söze wrote:
On 12/15/15 1:15 PM, Mr. Luddite wrote:
On 12/15/2015 1:02 PM, Justan Olphart wrote:
On 12/15/2015 9:23 AM, True North wrote:
Keyser Söze
- show quoted text -
"Why are you whining about government employment? Weren't you a
government employee most of your working life? Wasn't your wife? Didn't
your wife get health plan benefits from an employee union? You're biting
the hands that fed you, eh?"


The John got his......to 'ell with anyone else.

What did John get that you didn't?


John didn't "get" anything. He earned it, based on the contract he
had for his service.

Sorta like a union.



John's problem is that he resents other government employees who get
benefits.


I have a problem with a lot of government employees pensions also. Spend
20 years in the military, transferred around the world, maybe shot at, and
you get 50% of your last years salary. Spend 4 years in Congress, and high
pay and get retirement of 100% for life. Be a public employee in at least
California and you get 3% per year of your last years gross. Includes
vacation pay that is accrued, overtime, etc.

Wozers.... we are only entitled to 2% for each year and they figure out
your average salary from your last five years to base your pension on.
No wonder y'all can live so high on the hog.


No, the government employees are living high. Most making more than their
normal annual salary these days. The cities are bankrupt, the taxpayers
are hurting. My city is a rich city and we still have $120 million in
unfounded pension liability. We might be able to pay it, but Stockton,
etc. are bankrupt now, and could not raise enough dinero to pay the bills.
Who is going to supply the money? Calpers even over rates the returns they
expect.


My local union's pension fund doesn't allow unfunded pension liability.
No pension plan should allow it.


But government does. Hell SS and Medicare are both unfunded.

 
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