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I agree with wpetio.
The assertion that public workers do not make as much as those
working in the private sector is a myth. In a recent article The
Economist (an international news magazine) referenced a study that
showed that the average state and local employee in the United States
has an income that is 34% higher than in the private sector and
benefits that are 70% higher.
Public sector workers are almost never fired. They are paid based on
seniority rather than performance.
As part of their contract, public workers in Oregon typically get step
increases in salary every year until they reach the top of their
pay scale. Pay raises that government workers get as a result of
collective bargaining every two to three years are typically in
addition to this. In many cases government managers get the
same benefits they negotiate with government unions.
Many government employes in their early to mid 50's are able to
retire after thirty years of service collecting pensions of between
70% and 100% of their final salaries. To fund such pensions in the
private sector would require a fund of between $1,000,000 and
$2,000,000 effectively making these people "pension millionaires."
As a result of these generous pensions many government retirees
will eventually collect more in pension payments than they earned
while working.While collecting their pension many of them will get
new jobs in state and local governments, often in the same agencies they retired
from, and "double dip," enabling them to be paid both a wage and a
pension at the same time.
We can not afford this system.
posted 2 years, 11 months ago
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