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Strategies & Market Trends : John Pitera's Market Laboratory
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To: PJr who wrote (17962)3/17/2016 10:27:41 PM
From: Elroy1 Recommendation

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Blasher

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Since about 1985 Federal employees DO pay into Social Security at the same rate as everyone else. In addition, they also pay a portion of their salary toward their Federal pension.

Ok, so cancel the "Federal pension" idea, keep them in Social Security like the rest of us, and if the Federal employees want to pay for some private retirement plan, let them go ahead and do so with some private company where the obligation to meet the plan's needs rest with the private company and NOT the government.

Same for state and local employees.

What's the logical argument explaining why government employees (Fed and State and Local) should get government guaranteed pensions (even if they contribute toward them) while non-government employees do not? What's so special about being a government worker rather than a private industry worker?
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