Anonymous wrote:Not a Fed, but have lots Family and friends. Must be pretty good, b/c they never leave until retirement, where they start pulling that rock solid pension w/health insurance. Think of the amount of capital it would take to generate 100K pension (guaranteed by the US Treasury) plus health insurance and a lot of other stuff I don’t even know about. Being a Fed is the best.Anonymous wrote:Anonymous wrote:Anonymous wrote:No matter how you feel about potential fed layoffs, try to have at least an ounce of empathy. These are real human beings whose job put food on the table and a roof over the head of their families. Worry about losing your job is very stressful and I'm sure there are many people who are planning their kid's holiday around possible layoffs. Yes, there's waste in the government but our government is also part of a larger employment infrastructure that has a ripple effect across other sectors. It's bad karma to gloat over someone else's misfortune. Losing your job is nothing to joke about.
Any fed made good money. They should have investments to ride through the layoff, change career, or retire unless they upgraded their life and got used to the new one. I invested my money on very low income, at times below minimum wage pay, and don't give a hoot about being laid off. That feds can get my minimum wage job and do what I did - invest some money and retired early. Surely someone eligible to a Fed job has the skills.
I never had stability at work - no contract, no benefits, rarely on time checks, checks that bounced, checks that were short, no punch in machine, no breaks in 10-12 hour shift, no holidays, no paid training, money sharing if an employee was added.
On a fed income, it would have taken only few years to invest into financial freedom unless some emergency wiped it all out. Many chose not to do that. It's a choice most often than not. I never had a chance to rely on my employer. Feds clearly learned to rely on theirs and here we are.
That begs the question: if being a Fed is as great as you seem to think it is, why aren't you a Fed?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Think of the amount of capital it would take to generate 100K pension (guaranteed by the US Treasury)
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.
I'll be lucky if my pension is 30k/year. And that's before taxes are taken out.
It should be $0.
Anonymous wrote:Anonymous wrote:Not a Fed, but have lots Family and friends. Must be pretty good, b/c they never leave until retirement, where they start pulling that rock solid pension w/health insurance. Think of the amount of capital it would take to generate 100K pension (guaranteed by the US Treasury) plus health insurance and a lot of other stuff I don’t even know about. Being a Fed is the best.Anonymous wrote:Anonymous wrote:Anonymous wrote:No matter how you feel about potential fed layoffs, try to have at least an ounce of empathy. These are real human beings whose job put food on the table and a roof over the head of their families. Worry about losing your job is very stressful and I'm sure there are many people who are planning their kid's holiday around possible layoffs. Yes, there's waste in the government but our government is also part of a larger employment infrastructure that has a ripple effect across other sectors. It's bad karma to gloat over someone else's misfortune. Losing your job is nothing to joke about.
Any fed made good money. They should have investments to ride through the layoff, change career, or retire unless they upgraded their life and got used to the new one. I invested my money on very low income, at times below minimum wage pay, and don't give a hoot about being laid off. That feds can get my minimum wage job and do what I did - invest some money and retired early. Surely someone eligible to a Fed job has the skills.
I never had stability at work - no contract, no benefits, rarely on time checks, checks that bounced, checks that were short, no punch in machine, no breaks in 10-12 hour shift, no holidays, no paid training, money sharing if an employee was added.
On a fed income, it would have taken only few years to invest into financial freedom unless some emergency wiped it all out. Many chose not to do that. It's a choice most often than not. I never had a chance to rely on my employer. Feds clearly learned to rely on theirs and here we are.
That begs the question: if being a Fed is as great as you seem to think it is, why aren't you a Fed?
Feds hired in the last 25 years don’t get 100k pensions.
Anonymous wrote:Think of the amount of capital it would take to generate 100K pension (guaranteed by the US Treasury)
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.
Anonymous wrote:I’m at the IRS and haven’t been depressed until today. We have a very good commissioner who has a term that ends in 2027 and he’s grown our staff, improved our performance and generally improved morale. Today Trump tweeted that he is nominated a new commissioner who didn’t go to college, was an auctioneer and congressman with no accomplishments, and has spent the last couple of years working in a strip mall promoting fraudulent tax schemes. I’ve gone from completely fine to very worried, as have all of my colleagues.
Anonymous wrote:Anonymous wrote:Think of the amount of capital it would take to generate 100K pension (guaranteed by the US Treasury)
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.
I'll be lucky if my pension is 30k/year. And that's before taxes are taken out.
Anonymous wrote:Think of the amount of capital it would take to generate 100K pension (guaranteed by the US Treasury)
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.
Anonymous wrote:Anonymous wrote:Not a Fed, but have lots Family and friends. Must be pretty good, b/c they never leave until retirement, where they start pulling that rock solid pension w/health insurance. Think of the amount of capital it would take to generate 100K pension (guaranteed by the US Treasury) plus health insurance and a lot of other stuff I don’t even know about. Being a Fed is the best.Anonymous wrote:Anonymous wrote:Anonymous wrote:No matter how you feel about potential fed layoffs, try to have at least an ounce of empathy. These are real human beings whose job put food on the table and a roof over the head of their families. Worry about losing your job is very stressful and I'm sure there are many people who are planning their kid's holiday around possible layoffs. Yes, there's waste in the government but our government is also part of a larger employment infrastructure that has a ripple effect across other sectors. It's bad karma to gloat over someone else's misfortune. Losing your job is nothing to joke about.
Any fed made good money. They should have investments to ride through the layoff, change career, or retire unless they upgraded their life and got used to the new one. I invested my money on very low income, at times below minimum wage pay, and don't give a hoot about being laid off. That feds can get my minimum wage job and do what I did - invest some money and retired early. Surely someone eligible to a Fed job has the skills.
I never had stability at work - no contract, no benefits, rarely on time checks, checks that bounced, checks that were short, no punch in machine, no breaks in 10-12 hour shift, no holidays, no paid training, money sharing if an employee was added.
On a fed income, it would have taken only few years to invest into financial freedom unless some emergency wiped it all out. Many chose not to do that. It's a choice most often than not. I never had a chance to rely on my employer. Feds clearly learned to rely on theirs and here we are.
That begs the question: if being a Fed is as great as you seem to think it is, why aren't you a Fed?
Feds hired in the last 25 years don’t get 100k pensions.
Think of the amount of capital it would take to generate 100K pension (guaranteed by the US Treasury)
Anonymous wrote:Not a Fed, but have lots Family and friends. Must be pretty good, b/c they never leave until retirement, where they start pulling that rock solid pension w/health insurance. Think of the amount of capital it would take to generate 100K pension (guaranteed by the US Treasury) plus health insurance and a lot of other stuff I don’t even know about. Being a Fed is the best.Anonymous wrote:Anonymous wrote:Anonymous wrote:No matter how you feel about potential fed layoffs, try to have at least an ounce of empathy. These are real human beings whose job put food on the table and a roof over the head of their families. Worry about losing your job is very stressful and I'm sure there are many people who are planning their kid's holiday around possible layoffs. Yes, there's waste in the government but our government is also part of a larger employment infrastructure that has a ripple effect across other sectors. It's bad karma to gloat over someone else's misfortune. Losing your job is nothing to joke about.
Any fed made good money. They should have investments to ride through the layoff, change career, or retire unless they upgraded their life and got used to the new one. I invested my money on very low income, at times below minimum wage pay, and don't give a hoot about being laid off. That feds can get my minimum wage job and do what I did - invest some money and retired early. Surely someone eligible to a Fed job has the skills.
I never had stability at work - no contract, no benefits, rarely on time checks, checks that bounced, checks that were short, no punch in machine, no breaks in 10-12 hour shift, no holidays, no paid training, money sharing if an employee was added.
On a fed income, it would have taken only few years to invest into financial freedom unless some emergency wiped it all out. Many chose not to do that. It's a choice most often than not. I never had a chance to rely on my employer. Feds clearly learned to rely on theirs and here we are.
That begs the question: if being a Fed is as great as you seem to think it is, why aren't you a Fed?
Anonymous wrote:Not a Fed, but have lots Family and friends. Must be pretty good, b/c they never leave until retirement, where they start pulling that rock solid pension w/health insurance. Think of the amount of capital it would take to generate 100K pension (guaranteed by the US Treasury) plus health insurance and a lot of other stuff I don’t even know about. Being a Fed is the best.Anonymous wrote:Anonymous wrote:Anonymous wrote:No matter how you feel about potential fed layoffs, try to have at least an ounce of empathy. These are real human beings whose job put food on the table and a roof over the head of their families. Worry about losing your job is very stressful and I'm sure there are many people who are planning their kid's holiday around possible layoffs. Yes, there's waste in the government but our government is also part of a larger employment infrastructure that has a ripple effect across other sectors. It's bad karma to gloat over someone else's misfortune. Losing your job is nothing to joke about.
Any fed made good money. They should have investments to ride through the layoff, change career, or retire unless they upgraded their life and got used to the new one. I invested my money on very low income, at times below minimum wage pay, and don't give a hoot about being laid off. That feds can get my minimum wage job and do what I did - invest some money and retired early. Surely someone eligible to a Fed job has the skills.
I never had stability at work - no contract, no benefits, rarely on time checks, checks that bounced, checks that were short, no punch in machine, no breaks in 10-12 hour shift, no holidays, no paid training, money sharing if an employee was added.
On a fed income, it would have taken only few years to invest into financial freedom unless some emergency wiped it all out. Many chose not to do that. It's a choice most often than not. I never had a chance to rely on my employer. Feds clearly learned to rely on theirs and here we are.
That begs the question: if being a Fed is as great as you seem to think it is, why aren't you a Fed?
B/c too old, and did not consider when I was young. So I am almost 60, and still out there humping in the private sector.Anonymous wrote:Anonymous wrote:Not a Fed, but have lots Family and friends. Must be pretty good, b/c they never leave until retirement, where they start pulling that rock solid pension w/health insurance. Think of the amount of capital it would take to generate 100K pension (guaranteed by the US Treasury) plus health insurance and a lot of other stuff I don’t even know about. Being a Fed is the best.Anonymous wrote:Anonymous wrote:Anonymous wrote:No matter how you feel about potential fed layoffs, try to have at least an ounce of empathy. These are real human beings whose job put food on the table and a roof over the head of their families. Worry about losing your job is very stressful and I'm sure there are many people who are planning their kid's holiday around possible layoffs. Yes, there's waste in the government but our government is also part of a larger employment infrastructure that has a ripple effect across other sectors. It's bad karma to gloat over someone else's misfortune. Losing your job is nothing to joke about.
Any fed made good money. They should have investments to ride through the layoff, change career, or retire unless they upgraded their life and got used to the new one. I invested my money on very low income, at times below minimum wage pay, and don't give a hoot about being laid off. That feds can get my minimum wage job and do what I did - invest some money and retired early. Surely someone eligible to a Fed job has the skills.
I never had stability at work - no contract, no benefits, rarely on time checks, checks that bounced, checks that were short, no punch in machine, no breaks in 10-12 hour shift, no holidays, no paid training, money sharing if an employee was added.
On a fed income, it would have taken only few years to invest into financial freedom unless some emergency wiped it all out. Many chose not to do that. It's a choice most often than not. I never had a chance to rely on my employer. Feds clearly learned to rely on theirs and here we are.
That begs the question: if being a Fed is as great as you seem to think it is, why aren't you a Fed?
Then why haven't you tried to become a Fed if it's so great?