SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Booms, Busts, and Recoveries

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Haim R. Branisteanu who wrote (72825)3/16/2010 9:52:33 AM
From: Snowshoe  Read Replies (1) of 74559
 
>>Other abuses detailed in the book include widespread "double-dipping." Public employees can start collecting their full pensions while returning to their old job as consultants.<<

I double-dipped, but it's not necessarily the gold mine it's made out to be. The problem is that you pay a LOT of taxes.

OTOH, my reason for quitting government employment early was to avoid having all my eggs in one pension basket. Just in case my state goes broke, I want direct control over most of my retirement funds.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext