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Maximum Carnage Week Game Thread
Comments
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What are the inaccuracies?doogie said:1. You didn’t offend me.
2. Your narrative if filled with inaccuracies.
3. I don’t get a pension.
4. Yes, I understand free choice and analyzing total compensation packages when taking a job.
5. Yes, I understand algebra story problems. -
You may understand algebra. In Oregon the teacher and government unions understood algebra. The politicians just understood that it would buy votes and the algebra wouldn't show up for a couple of decades so voila, public pensions that bore no relationship of what the public employee contributed.doogie said:1. You didn’t offend me.
2. Your narrative if filled with inaccuracies.
3. I don’t get a pension.
4. Yes, I understand free choice and analyzing total compensation packages when taking a job.
5. Yes, I understand algebra story problems.
We have the same problem with the current deficit spending and massive federal and state and local debt. It's now not even algebra it just basic arithmetic and we have plenty of leftards that don't do math and are proud of it, including the dazzler with his mythical MBA. -
I don’t live in Oregon and don’t follow their government compensation or pension rules.
You could be right.
I know federal pensions have been dramatically curtailed as have pensions for State of Washington employees. This happened about 20(?) years ago. Employee contributions deducted each month have increased as well.
The result is that employees are paying close to double for 50% - or less, in benefit when they retire -
Oregon has revised its pension system, so now more generous than the private sector which generally now has no pension system and the only employer contribution is a 401(k) match of say 50% of the employee contribution up to 6% of wages. So a $50,000 a year employee putting in 6% gets an employer match of $1,500. So still, much better pension system in Oregon for state employees. The old Tier 1 employees which could retire at a 100% of wages after 30 years with full medical are still working their way through the system. So, if a school teacher started at age 22 then retires at age 52 at full pay and medical. They are replaced by another 22 year old who retires in 30 years. Another 22 year old is hired. The original retiree is now 82 and the second retiree is 52. So, paying for three teachers for one job. It was basic algebra and we (not me) voted for this sh*t. Now its 2021 and we have Lock Down Nazi Kate Brown as governor who hates school kids and science.doogie said:I don’t live in Oregon and don’t follow their government compensation or pension rules.
You could be right.
I know federal pensions have been dramatically curtailed as have pensions for State of Washington employees. This happened about 20(?) years ago. Employee contributions deducted each month have increased as well.
The result is that employees are paying close to double for 50% - or less, in benefit when they retire -
I don’t think WA State retirees get medical either. I could be wrong.
Also, since the change, I don’t think you can get 50% of your pay in a pension if you worked continuously for 40 years in WA. but, I could be wrong in this, too -
Pension talk?
Couldn’t sound any more old, poor, and white -
Social construct affects us all. Now and well into the future.
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I'm surprised that's accurate for the state of WA but if true it's a start.doogie said:I don’t live in Oregon and don’t follow their government compensation or pension rules.
You could be right.
I know federal pensions have been dramatically curtailed as have pensions for State of Washington employees. This happened about 20(?) years ago. Employee contributions deducted each month have increased as well.
The result is that employees are paying close to double for 50% - or less, in benefit when they retire
Worker in California?
By Edward Ring
March 10, 2017
SUMMARY
"The average full career (30 years work) pension for a retired public employee in California was $68,673 in 2015, not including benefits. This is in comparison to the average pay (not including benefits) for an active full-time worker in the private sector in California, which in 2015 was $54,326, and to the maximum Social Security Benefit for a high wage earner retiring at age 66, which in 2015 was $32,244. Put another way, the average public employee retiree with 30 years of service collects a pension (not including benefits) that is 26% greater than the average pay for a non-retired full time private sector worker, and more than twice the maximum Social Security benefit."
Again, that's in comparison to the average income of that private sector employee. They simply can't afford to put away the millions into a 401k it would take to equal the public emplyee's pension. Also that private sector employee has to work many more years than the 25-30 a public employee gets to enjoy.
Very good and in depth analysis here...
https://californiapolicycenter.org/what-is-the-average-pension-for-a-retired-government-worker-in-california/
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You have no idea how different the situation is in Seattle. Flip it.LoneStarDawg said:Pension talk?
Couldn’t sound any more old, poor, and white -
Yes and they still can't hire qualified people. The pay is generally less than in the private sector often by a large amount. Kind of makes up for the benefits. Don't forget most bigger companies have pretty goo benefit packages. I paid a fair amount for my health care, dental etc. out of my check. Also my retirement was paid by me and also paid for by the city I was employed by not the state.RoadTrip said:
I'm sorry doogie if I offended you or anyone who worked hard for their pension. I don't believe they are good for our country as they are unsustainable. Why should the American taxpayers have to work well into their 70's to fund their own retirement as well as a government employee's retirement who only has to work 25 years? Do you have any idea how much money a private sector employee would have to put away into a retirement fund over 25 years to make $125,000 a year for the rest of their life and their spouses life for say 30 years of retirement? It's millions of dollars and the government employee now makes more money a year with gold plated benefits than the private sector employee before retirement. I'm not a fan of government and at least I'm still free to write that.doogie said:
How is a pension that a worker has contributed to with each paycheck over an entire career, “defrauding the American public”?RoadTrip said:
Brilliant but I already knew all of this and never believed one iota. If you didn't know all of this you were either ignorant and not very intelligent, you're an American hating Marxist, or, like many on this site, you have to love and support our? government because it's how you're making your living or you're actively defrauding the American public through your multi-million dollar government pension.huskyhooligan said:Excellent thread.
Full Thread sans Twitter at Not the Bee: https://notthebee.com/article/if-you-want-to-understand-why-people-are-vaccine-hesitant-you-need-to-read-this-megathread-right-now
