Other feds just very depressed?

[Anonymous]

I’m at the IRS and haven’t been depressed until today. We have a very good commissioner who has a term that ends in 2027 and he’s grown our staff, improved our performance and generally improved morale. Today Trump tweeted that he is nominated a new commissioner who didn’t go to college, was an auctioneer and congressman with no accomplishments, and has spent the last couple of years working in a strip mall promoting fraudulent tax schemes. I’ve gone from completely fine to very worried, as have all of my colleagues.

[Anonymous]

AFUERA

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:No matter how you feel about potential fed layoffs, try to have at least an ounce of empathy. These are real human beings whose job put food on the table and a roof over the head of their families. Worry about losing your job is very stressful and I'm sure there are many people who are planning their kid's holiday around possible layoffs. Yes, there's waste in the government but our government is also part of a larger employment infrastructure that has a ripple effect across other sectors. It's bad karma to gloat over someone else's misfortune. Losing your job is nothing to joke about.

Any fed made good money. They should have investments to ride through the layoff, change career, or retire unless they upgraded their life and got used to the new one. I invested my money on very low income, at times below minimum wage pay, and don't give a hoot about being laid off. That feds can get my minimum wage job and do what I did - invest some money and retired early. Surely someone eligible to a Fed job has the skills.
I never had stability at work - no contract, no benefits, rarely on time checks, checks that bounced, checks that were short, no punch in machine, no breaks in 10-12 hour shift, no holidays, no paid training, money sharing if an employee was added.
On a fed income, it would have taken only few years to invest into financial freedom unless some emergency wiped it all out. Many chose not to do that. It's a choice most often than not. I never had a chance to rely on my employer. Feds clearly learned to rely on theirs and here we are.

That begs the question: if being a Fed is as great as you seem to think it is, why aren't you a Fed?

Not a Fed, but have lots Family and friends. Must be pretty good, b/c they never leave until retirement, where they start pulling that rock solid pension w/health insurance. Think of the amount of capital it would take to generate 100K pension (guaranteed by the US Treasury) plus health insurance and a lot of other stuff I don’t even know about. Being a Fed is the best.

Then why haven't you tried to become a Fed if it's so great?

B/c too old, and did not consider when I was young. So I am almost 60, and still out there humping in the private sector.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:No matter how you feel about potential fed layoffs, try to have at least an ounce of empathy. These are real human beings whose job put food on the table and a roof over the head of their families. Worry about losing your job is very stressful and I'm sure there are many people who are planning their kid's holiday around possible layoffs. Yes, there's waste in the government but our government is also part of a larger employment infrastructure that has a ripple effect across other sectors. It's bad karma to gloat over someone else's misfortune. Losing your job is nothing to joke about.

Any fed made good money. They should have investments to ride through the layoff, change career, or retire unless they upgraded their life and got used to the new one. I invested my money on very low income, at times below minimum wage pay, and don't give a hoot about being laid off. That feds can get my minimum wage job and do what I did - invest some money and retired early. Surely someone eligible to a Fed job has the skills.
I never had stability at work - no contract, no benefits, rarely on time checks, checks that bounced, checks that were short, no punch in machine, no breaks in 10-12 hour shift, no holidays, no paid training, money sharing if an employee was added.
On a fed income, it would have taken only few years to invest into financial freedom unless some emergency wiped it all out. Many chose not to do that. It's a choice most often than not. I never had a chance to rely on my employer. Feds clearly learned to rely on theirs and here we are.

That begs the question: if being a Fed is as great as you seem to think it is, why aren't you a Fed?

Not a Fed, but have lots Family and friends. Must be pretty good, b/c they never leave until retirement, where they start pulling that rock solid pension w/health insurance. Think of the amount of capital it would take to generate 100K pension (guaranteed by the US Treasury) plus health insurance and a lot of other stuff I don’t even know about. Being a Fed is the best.

Feds hired in the last 25 years don’t get 100k pensions.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:No matter how you feel about potential fed layoffs, try to have at least an ounce of empathy. These are real human beings whose job put food on the table and a roof over the head of their families. Worry about losing your job is very stressful and I'm sure there are many people who are planning their kid's holiday around possible layoffs. Yes, there's waste in the government but our government is also part of a larger employment infrastructure that has a ripple effect across other sectors. It's bad karma to gloat over someone else's misfortune. Losing your job is nothing to joke about.

Any fed made good money. They should have investments to ride through the layoff, change career, or retire unless they upgraded their life and got used to the new one. I invested my money on very low income, at times below minimum wage pay, and don't give a hoot about being laid off. That feds can get my minimum wage job and do what I did - invest some money and retired early. Surely someone eligible to a Fed job has the skills.
I never had stability at work - no contract, no benefits, rarely on time checks, checks that bounced, checks that were short, no punch in machine, no breaks in 10-12 hour shift, no holidays, no paid training, money sharing if an employee was added.
On a fed income, it would have taken only few years to invest into financial freedom unless some emergency wiped it all out. Many chose not to do that. It's a choice most often than not. I never had a chance to rely on my employer. Feds clearly learned to rely on theirs and here we are.

That begs the question: if being a Fed is as great as you seem to think it is, why aren't you a Fed?

Not a Fed, but have lots Family and friends. Must be pretty good, b/c they never leave until retirement, where they start pulling that rock solid pension w/health insurance. Think of the amount of capital it would take to generate 100K pension (guaranteed by the US Treasury) plus health insurance and a lot of other stuff I don’t even know about. Being a Fed is the best.

Not really, normally DCUM looks down on Feds for the low pay. (And I am one, I don’t look down on it, but that’s the usual sentiment here).

[Anonymous]

Think of the amount of capital it would take to generate 100K pension (guaranteed by the US Treasury)

Most pensions are not 100K. I have been a GS-15 for many years, FERS, and my estimated pension is less than half of that.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:No matter how you feel about potential fed layoffs, try to have at least an ounce of empathy. These are real human beings whose job put food on the table and a roof over the head of their families. Worry about losing your job is very stressful and I'm sure there are many people who are planning their kid's holiday around possible layoffs. Yes, there's waste in the government but our government is also part of a larger employment infrastructure that has a ripple effect across other sectors. It's bad karma to gloat over someone else's misfortune. Losing your job is nothing to joke about.

Any fed made good money. They should have investments to ride through the layoff, change career, or retire unless they upgraded their life and got used to the new one. I invested my money on very low income, at times below minimum wage pay, and don't give a hoot about being laid off. That feds can get my minimum wage job and do what I did - invest some money and retired early. Surely someone eligible to a Fed job has the skills.
I never had stability at work - no contract, no benefits, rarely on time checks, checks that bounced, checks that were short, no punch in machine, no breaks in 10-12 hour shift, no holidays, no paid training, money sharing if an employee was added.
On a fed income, it would have taken only few years to invest into financial freedom unless some emergency wiped it all out. Many chose not to do that. It's a choice most often than not. I never had a chance to rely on my employer. Feds clearly learned to rely on theirs and here we are.

That begs the question: if being a Fed is as great as you seem to think it is, why aren't you a Fed?

Not a Fed, but have lots Family and friends. Must be pretty good, b/c they never leave until retirement, where they start pulling that rock solid pension w/health insurance. Think of the amount of capital it would take to generate 100K pension (guaranteed by the US Treasury) plus health insurance and a lot of other stuff I don’t even know about. Being a Fed is the best.

Feds hired in the last 25 years don’t get 100k pensions.

My mom still thinks this, and thinks we're eligible after 20 years, because she worked for the feds for 2 years after college in the 70s and it was a sweet deal then. It's SO annoying. She said "I don’t see why someone who started working at 21 couldn't retire at 41" and I had to explain in detail how the pension works now: how 20 years is just for military/law enforcement, we now have minimum retirement age and the pension itself is smaller, nowhere near $100k. Also, it's a lot harder to walk into a permanent fed job right out of college these days compared to 1975!

[Anonymous]

Anonymous wrote:

Think of the amount of capital it would take to generate 100K pension (guaranteed by the US Treasury)

Most pensions are not 100K. I have been a GS-15 for many years, FERS, and my estimated pension is less than half of that.

I'll be lucky if my pension is 30k/year. And that's before taxes are taken out.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Think of the amount of capital it would take to generate 100K pension (guaranteed by the US Treasury)

Most pensions are not 100K. I have been a GS-15 for many years, FERS, and my estimated pension is less than half of that.

I'll be lucky if my pension is 30k/year. And that's before taxes are taken out.

It should be $0.

[Anonymous]

You realize that for those of us on the new FERS system that we actually are likely to end up paying “more” into the system than we ever get out if you consider compound interest we could be earning if invested independently? Yea. I would prefer no pension and to take that money, so it’s not something some of us even WANT.

[Anonymous]

Anonymous wrote:I’m at the IRS and haven’t been depressed until today. We have a very good commissioner who has a term that ends in 2027 and he’s grown our staff, improved our performance and generally improved morale. Today Trump tweeted that he is nominated a new commissioner who didn’t go to college, was an auctioneer and congressman with no accomplishments, and has spent the last couple of years working in a strip mall promoting fraudulent tax schemes. I’ve gone from completely fine to very worried, as have all of my colleagues.

Hi Coworker. Agreed it is quite glum today. I know we have some really good leadership and hope that can keep progress happening.

[Anonymous]

Anonymous wrote:

Think of the amount of capital it would take to generate 100K pension (guaranteed by the US Treasury)

Most pensions are not 100K. I have been a GS-15 for many years, FERS, and my estimated pension is less than half of that.

For context for PPs, a GS-15 step 5 in DC area is like ~180k. The retirement calculation is 180,000 x .1 x 30 = 54,000

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:No matter how you feel about potential fed layoffs, try to have at least an ounce of empathy. These are real human beings whose job put food on the table and a roof over the head of their families. Worry about losing your job is very stressful and I'm sure there are many people who are planning their kid's holiday around possible layoffs. Yes, there's waste in the government but our government is also part of a larger employment infrastructure that has a ripple effect across other sectors. It's bad karma to gloat over someone else's misfortune. Losing your job is nothing to joke about.

Any fed made good money. They should have investments to ride through the layoff, change career, or retire unless they upgraded their life and got used to the new one. I invested my money on very low income, at times below minimum wage pay, and don't give a hoot about being laid off. That feds can get my minimum wage job and do what I did - invest some money and retired early. Surely someone eligible to a Fed job has the skills.
I never had stability at work - no contract, no benefits, rarely on time checks, checks that bounced, checks that were short, no punch in machine, no breaks in 10-12 hour shift, no holidays, no paid training, money sharing if an employee was added.
On a fed income, it would have taken only few years to invest into financial freedom unless some emergency wiped it all out. Many chose not to do that. It's a choice most often than not. I never had a chance to rely on my employer. Feds clearly learned to rely on theirs and here we are.

That begs the question: if being a Fed is as great as you seem to think it is, why aren't you a Fed?

Not a Fed, but have lots Family and friends. Must be pretty good, b/c they never leave until retirement, where they start pulling that rock solid pension w/health insurance. Think of the amount of capital it would take to generate 100K pension (guaranteed by the US Treasury) plus health insurance and a lot of other stuff I don’t even know about. Being a Fed is the best.

Feds hired in the last 25 years don’t get 100k pensions.

It has been longer than that. The guaranteed pensions stopped for folks hired after 1983. Those people don't get SS unless they had another job for 40 quarters outside the government. The rest of us pay SS, have the TSP(401K) and a much smaller pension.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Think of the amount of capital it would take to generate 100K pension (guaranteed by the US Treasury)

Most pensions are not 100K. I have been a GS-15 for many years, FERS, and my estimated pension is less than half of that.

I'll be lucky if my pension is 30k/year. And that's before taxes are taken out.

It should be $0.

Why?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:No matter how you feel about potential fed layoffs, try to have at least an ounce of empathy. These are real human beings whose job put food on the table and a roof over the head of their families. Worry about losing your job is very stressful and I'm sure there are many people who are planning their kid's holiday around possible layoffs. Yes, there's waste in the government but our government is also part of a larger employment infrastructure that has a ripple effect across other sectors. It's bad karma to gloat over someone else's misfortune. Losing your job is nothing to joke about.

Any fed made good money. They should have investments to ride through the layoff, change career, or retire unless they upgraded their life and got used to the new one. I invested my money on very low income, at times below minimum wage pay, and don't give a hoot about being laid off. That feds can get my minimum wage job and do what I did - invest some money and retired early. Surely someone eligible to a Fed job has the skills.
I never had stability at work - no contract, no benefits, rarely on time checks, checks that bounced, checks that were short, no punch in machine, no breaks in 10-12 hour shift, no holidays, no paid training, money sharing if an employee was added.
On a fed income, it would have taken only few years to invest into financial freedom unless some emergency wiped it all out. Many chose not to do that. It's a choice most often than not. I never had a chance to rely on my employer. Feds clearly learned to rely on theirs and here we are.

That begs the question: if being a Fed is as great as you seem to think it is, why aren't you a Fed?

Not a Fed, but have lots Family and friends. Must be pretty good, b/c they never leave until retirement, where they start pulling that rock solid pension w/health insurance. Think of the amount of capital it would take to generate 100K pension (guaranteed by the US Treasury) plus health insurance and a lot of other stuff I don’t even know about. Being a Fed is the best.

The ignorance is astounding, even for a Trump voter.