Quote:
Originally Posted by geofitz13
How about making all federal employees, including all three branches of government, subject to Social Security. Scrap their overly generous retirement programs, and live like the rest of us. Then see what they call it.
|
As a retired federal employee, I'd like to point out that we were required to contribute a significant portion of our salary each and every payday to the federal retirement plan. It's an annuity. Anyone who socks away money throughout their entire career of multiple decades has the same expectation for a potentially "generous" outcome. We do not have access to Social Security benefits. And whether the program is "generous" is a matter of opinion.
Federal retiree benefits vary greatly depending on occupation, geographic location, educational level, length of tenure and other factors. Many federal retirees could not live comfortably in the Villages on their federal annuity alone.