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Political Discussion
Reply to "Why are you against federal worker pay freeze?"
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[quote=Anonymous]The old federal government pension system was very generous. While there are still many people in the government who fall under that old system (mostly Baby-Boomers) there are many of us who don't. We have a very, very modest pension system and what is like a bad 401K plan. A hugh cost to the government is paying the retirement benefits those employees who receive the old generous pension benefits. The money we are paying into the pension system is being used to fund the pensions paid out under the old system. The idea that federal employees get great benefits is outdated. We don't. The benefits are good, but they are not any better than those someone at a large company would receive. I think it is unfair to continue to freeze the wages of the current workforce so the the debts owed to the prior workforce can be paid.[/quote]
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