
Newspapers throughout the nation sporadically print back page stories about government employees who retire after 20 years with full benefits and pensions (generally east coast states). These same people then go to work for another municipality and after 3 to 5 more years they collect another full pension, resulting in taxpayer’s footing the bill for billions of additional pension dollars. On top of that, these same governments are not funding the pensions while handing out huge increases in long-term retirement benefits; instead, they are stealing the money to cover their bloated budgets. This process is a national disgrace with horrendous implications on the economy regardless of your views on government’s place in society.
2 comments:
Apparently, we're working for no one but them.
A full pension for five years of work sounds outlandish. Especially when the sole qualification is between the second cousin of the mayor.
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