Quote:
Originally Posted by Ponygirl
Thank you. No way a federal employee makes more in retirement than while working
There is a computation looking at the last three years and time served which could never equal more than earned while working
And the new social security law that was passed allows previous federal employees to collect ss on wages earned prior to time working for feds
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Not true. On an annual basis, not yet. But, on a cumulative basis, I have made more money in retirement than I made as a Federal employee. I was a Federal employee for 35 years and made about $1.8 million. But, as a retiree for about 20 years, my total pension income is approaching $2 million so far. Now, I am collecting a spouse SS benefit, which means that I will greatly exceed my Federal employee income. I don't need this money, but that is the law, and one reason we have a national debt of $36 trillion.