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re: Break it down - your finances
Posted on 4/30/15 at 9:56 am to Croacka
Posted on 4/30/15 at 9:56 am to Croacka
retirement.
Apparently after 15 years you are usually at 100k or above and can leave to go private and the private firm will pay you to "buy" the rest of your term (15 years) so you start getting full pension. You work private for 10 years, then go back to state with
1. Full state pension at 100k
2. Private retirement fund + savings from that 10 years of salary
3. New state salary + benefits + not having to do any real work
and people wonder why the government is going broke
Apparently after 15 years you are usually at 100k or above and can leave to go private and the private firm will pay you to "buy" the rest of your term (15 years) so you start getting full pension. You work private for 10 years, then go back to state with
1. Full state pension at 100k
2. Private retirement fund + savings from that 10 years of salary
3. New state salary + benefits + not having to do any real work
and people wonder why the government is going broke
This post was edited on 4/30/15 at 9:57 am
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