Vierkaesehochonline today!
Vierkaesehoch
Ocean Coast, Maine, USA
Oct 2019
369 Views
1 Comments

Here we go again...General Electric, and statist/privately funded ... pensions...

Some police/fire chiefs in Californicateya, even in tiny municipalities, if on the job long enough, can earn 2-300 large yearly. A life pension then can amount to almost half of that. And when the chiefy dies, wifey continues to collect. With only grammar school math, any Bozo on the bus can see how unsustainable that becomes, given current demographics, which is why such defined overly generous pension plans, once very common, are now rere. That is in the dreaded private sector. If one still pretends to work in the government/public sector, such pensions, once awarded to almost all, when vested, still exist, but are also becoming less common. Now such pretend workers must pay in their share, although this is typically much less than in the dreaded private sector, where workers self fund their own retirement plan, when they exist, with the employer sometimes kicking in a shilling or two yearly. Several US states are either in, or approaching, receivership/bankruptcy, largely due to pensions, but also to typical spend and tax government mentalities. Used to be that these plans were "justified" by claiming that employees in government "service", earned less than those in real productive jobs in private industry. Long no longer at all true. More voters and taxpayers need to know this, and work to have it all become much more fair.
Post Comment

Comments (1)

Vierkaesehochonline today!
VierkaesehochOP●Ocean Coast, Maine USA
Oct 20, 2019●682 Blogs●1,602 Comments
#1
Thanks, R. Must be auspicious viewing the world from the swamp. Didn't name a prime center Foggy Bottom for nothing. In my rants here, I've detailed all that our Brilliant President Trump has done, in three short years. No need to repeat, along with my rigorous dissertations on Trump Derangement-Hilary Deficit Syndrome. Simmer in it all, beginning in 2020. The after midnight hour on election day 2016 will then look like a walk in the park for your ilk. Enjoy.
Reply
Report
Post Comment - Let others know what you think about this Blog.

More Blogs... Read Next

JAPAN POPULATION DECLINE
The sky is falling... The sky is falling...
A ban on TikTok...
Blabbering blabber
Changing someones opinion... in CS
We lost another one...
More Blogs
Meet the Author of this Blog
Vierkaesehochonline today!

Vierkaesehoch

Ocean Coast, Maine, USA

Retired, but busy. Years left to enjoy. Handy, curious, multilingual (German, French, Spanish, learning Portuguese). Love animals. Live on a salt water ocean bay just south of Canada. Angling off the rocky beach. Mussels. Watching the oceans reclaim [read more]

About this Blog

by Vierkaesehoch
created Oct 2019
in Business Blogs
369 Views
1 Comments
Last Viewed: Apr 26
Last Commented: Oct 2019
Last Edited: Oct 2019
Vierkaesehoch has 682 other Blogs

Vierkaesehoch Blogs (682)

You read it here first.
On LENT......
Who knew? An equivalent to climate change?...
Being one of the world's littlest, big cheap guys....
And, since all good things come in threes....
Ah, yes, and those CS profiles without photos....
Red flag words, pics and phrases in the profile....
Red flag words and phrases in the profile....
Dzhokhor Tsarnaev....Recall, all, one of the ethnic Russian Chechen brothers ...
Two China virus points....
Dogs at the White House now gone....
Divide and conquer, except a little backwards...
The soaring rates of separation/divorce, in most places. ...
The 2 TRILLION dollar gift of unborn taxpayers in the newly ueber lib led USA....
The demise of local print media...
Gambling, under any other name...
How many times this....
The Potus in Exile's awesome speech.....
Supercalifragialisticexpialidocious---
Paleolithic, Neolithic, Jiveolithic......
More Blogs by Vierkaesehoch

Like this Blog?

Do you like this Blog? Why not let the Author know. Click the button to like the Blog. And your like will be added. Likes are anonymous.

Feeling Creative?

Create a Blog
Post Comment back to top
Report Blogs that break rules, are offensive, or contain fighting. Staff may not be aware of the Blog Abuse, and cannot do anything about it unless you tell us about it. click to Report Blog Abuse »
If one of the comments is offensive, please report the comment instead (there is a link in each comment to report it).