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To: Jack Russell who wrote (26180)9/18/2005 11:09:49 PM
From: tsigprofit  Respond to of 48467
 
yeah, that's my point Jack. I think we agree this time <G>



To: Jack Russell who wrote (26180)9/18/2005 11:21:56 PM
From: Baton  Read Replies (2) | Respond to of 48467
 
Jack: You might look at it through different eyes. You decide to work for the state, city or county govt in some capacity as say a teacher or health worker, whatever. You are paid less than the private sector, but that is made up with good benefits including a retirement plan. For 30 years you match your employers contributions and after 20 years your nest egg grows and you stop with other retirement plans, 401K's etc. However, 2 years before you retire, you start hearing how it's not working out... money is not there...you can't retire yet and when you can it's for about half of what you were counting on. You fulfilled your part of the bargain, but your employer did not. This is happening to many state and county employees as well as to those in the private sector. Are you saying it's just $hit outa luck?
Baton