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Reply to "Federal job vs contractor job in mid-40s"
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[quote=Anonymous]I think the idea that there is no challenge in government work and you can’t take on new challenges is very narrow. Once you’re in a job, you can usually move pretty easily within the agency, and some jobs are far different than other jobs. Your pension would not be so fantastic if you only work another 15 years. It would be 1% of your high 3 multiplied by 15. So, at $150K that’s like 22.5K a year, not that bad, but not necessarily worth your 4.5% per year you’d contribute. Staying 30 years would give you $33K, but the real value coming mid career is in the healthcare and job stability. Stop making some ignorant judgment that federal work is somehow disinteresting and lacks challenge. Figuring out how to inch things forward in a heavy bureaucracy has its own form of challenge and you need to find value and accomplishment in doing more with less, and in the overall value of federal work. If you see no actual reason for it, or think it’s below you, stay private. You won’t be happy. [/quote]
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