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Reply to "How much of a salary bump would you need to leave the gov?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]What benefits are you concerned about? [/quote] OP here. TSP matching is 5%. What they're setting aside for the pension is about 12%. There's about 4 weeks of AL and about 2.5 weeks of SL, worth another 12.5%. The portion of my health insurance that's covered is huge, especially considering that my premium does not increase per person under the family plan. I can't expect to find that in the private sector - each additional family member would be extra. So, if a private sector job offers 3% 401(k) matching, 2 weeks paid leave, and covers a similar portion of your health insurance, then you're looking at loosing 9% in annual retirement contributions and 5-6% in the cashed out value of your leave plus whatever more you'd have to pay for health insurance. So, what I'm struggling with is that even if I'm offered 15% more than what I currently make, I may not actually break even. [/quote] What agency are you in? Or are you in some different part of the federal gov? Where are they setting aside 12% for pension?[/quote]
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