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Those pensions were a big draw back when one made much less working for the Government than they did in the private sector. Now, the reverse is true.
Zanchief, many state and federal employees contribute nothing to their retirement. It's solely an entitlement.
Lyion wrote:What I'm not for are government unions having higher pay, less accountability, and cadillac pensions funded by the taxpayers and agreed to by politicians who could care less about the costs and are solely trying to lobby for more power. I chuckle that people are angered that Microsoft might lobby, but are fine with Calpers spending 10s of millions on political candidates and causes.
Lyion wrote:It's solely an entitlement.
Lyion wrote:•State Pension. Teachers belong to the Wisconsin state pension plan. That plan requires a 6.8% employer contribution and 6.2% from the employee. However, according to the collective-bargaining agreement in place since 1996, the district pays the employees' share as well, for a total of 13%.
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