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Reply to "Federal pension jealousy "
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[quote=Anonymous][quote=Anonymous]The job security and work/life balance in the fed world offsets the perceived or even real difference in income in the private sector. I've been laid off twice over the last 22 years due to my companies being sold and was unemployed for almost 18 months in total and had to relocate each time. That lost income and the cost of relocating was huge. Few in the private sector have pensions though most have 401ks. [b]Pensions should not be richer for feds [/b]and should be based on the traditional formulas for years of service and salary. [/quote] Richer than what? Than the private sector, which doesn't usually have them?[/quote]
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