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Reply to "Other feds just very depressed?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote]Think of the amount of capital it would take to generate 100K pension (guaranteed by the US Treasury)[/quote] 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.[/quote] I'll be lucky if my pension is 30k/year. And that's before taxes are taken out.[/quote] It should be $0. [/quote] But why should it be $0? It was a part of the salary/benefits advertised to take our job. Feds do pay into it (increasingly for newer hires). Do you wish that other workplaces would offer $0 toward retirement benefits that were promised at the time of hiring? My DH is private sector and gets employee stock in addition to his 401k. Are you upset that he is given stock as part of his compensation or is that type of benefit ok because he works for a large company and only the private sector employees deserve anything nice?[/quote]
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