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Time to To Rethink Civil Service Pensions, when civil service first started it was a secure job but a low paying one. However what most jobs failed to have is a pension after 20 years of employment. Today a Civil Service Worker gets a full benefit package Plus Major medical.A great Hospitalization Plan plus 2 Weeks Paid Vacation ..
They can start at 18 years old retire at 38 years of age and with the life span of 80 years old today can work for 20 years but collect for 50…That’s outrageous!
With overtime civil servants make as much as professional Collage Graduates. Yes times are tough and we can no longer as Taxpayers pay for this excess.
The pensions were made back in the day when the interest rate was 18%,and you were able to double invested money in 3 years However today its 1% a far cry from yesterday high interest dividends
The only one crying today is the beleaguered Taxpayer.Pensions must be reduced or eliminated as it is now its breaking each and every municipality.,We must get rid of them..
MOSES LERMAN BLOG ADMINISTRATOR & EDITOR
I personally would like to take this opportunity to thank my entire loyal fan base.. Moses Lerman