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re: I've got a tough one on a job opportunity

Posted on 8/18/22 at 12:37 am to
Posted by GeauxTigers123
Member since Feb 2007
3105 posts
Posted on 8/18/22 at 12:37 am to
Also isn’t vesting on PERS 8 years?
Posted by Weekend Warrior79
Member since Aug 2014
20812 posts
Posted on 8/18/22 at 11:30 am to
quote:

Would the new job take away time with your kid? If so, I'd pass. You've only got a few more years of quality time where they are living at home. Might be worth it once they move out though.

This would be my biggest factor. What the work-life balance? On-calls, travel for work, weekends, holidays, PTO...
Posted by BadatBourre
Member since Jan 2019
1224 posts
Posted on 8/18/22 at 12:50 pm to
Stay where you are. We already have enough employees in the state system that can't make decisions for themselves.
Posted by weurf3
nola
Member since Jun 2004
1223 posts
Posted on 8/18/22 at 2:07 pm to
45k to 75k? 220k to 250k?

World of difference.
Posted by NEMizzou
Columbia MO
Member since Nov 2013
1372 posts
Posted on 8/18/22 at 4:41 pm to
It probably isn't an issue or you'd run, but I have a friend who worked in a state agency pretty high up here in MO, and when a guy with a blue tie got elected, she was out of a job. Now a guy with a red tie is in the job (and likely will be for awhile, but you never know) and she has the job back, but if you're only working at the leisure of someone who may or may not get re-elected, I'd stay where I was at.
Posted by Bard
Definitely NOT an admin
Member since Oct 2008
57985 posts
Posted on 8/18/22 at 7:55 pm to
quote:

It probably isn't an issue or you'd run, but I have a friend who worked in a state agency pretty high up here in MO, and when a guy with a blue tie got elected, she was out of a job. Now a guy with a red tie is in the job (and likely will be for awhile, but you never know) and she has the job back, but if you're only working at the leisure of someone who may or may not get re-elected, I'd stay where I was at.



If that were here in Louisiana, I would say that's an Unclassified position. Those are positions under an elected official which have no civil service protections, they pay more but you very literally serve at the pleasure of the elected official.

Classified positions pay less but you aren't the spoils of war. Hiring means you have to have qualifications for the position (generally) and there has to be a paper trail of cause for firing someone.

I have no idea how it works in MO though.
Posted by jeffsdad
Member since Mar 2007
24142 posts
Posted on 8/19/22 at 5:55 am to
quote:

Also, remember that since the state (assuming Louisiana) does not pay into Social Security so while your check will be bigger, you'll be subject to the windfall elimination when you retire (even if you already have all your quarters paid into SS).


This! can hit you like a ton of bricks.
Posted by baldona
Florida
Member since Feb 2016
23432 posts
Posted on 8/19/22 at 7:30 am to
quote:

Free Tuition for Dependents (I have a middle schooler)


Are you working for a private college or university? I don’t quite understand this?

If you are saying you are going to stay working at 1 school because it’s free tuition I sure as hell wouldn’t plan on my kid going there personally. Especially if you have multiple kids, the chances of that are slim to none multiple kids go there.
Posted by CheesyF
Member since May 2017
504 posts
Posted on 8/19/22 at 8:13 am to
Surely you have carry at the PE firm? Has to be worth something, no?
Posted by Bard
Definitely NOT an admin
Member since Oct 2008
57985 posts
Posted on 8/19/22 at 10:23 am to
quote:

This! can hit you like a ton of bricks.


And it makes no sense.

I could get my quarters in and then go to jail for 20 years. Once I got out, I get the full SS benefits available to me.

If I have my quarters but then work for the state for 20 years (ie: participating in the economy), I get stiffed somewhere along the lines of 50%.

I know Graves has been working to get this addressed but it's an uphill battle because the whole idea seems to be to penalize states harshly enough to create enough outcry to force them to participate in SS.
Posted by anc
Member since Nov 2012
20417 posts
Posted on 8/19/22 at 10:46 am to
quote:

Are you working for a private college or university? I don’t quite understand this?



Yes. We can choose from about 600 schools. Its a heck of a benefit. Some good ones on the list as well. Baylor, Tulane, Samford, etc.

LINK
Posted by JDPndahizzy
JDP
Member since Nov 2013
6918 posts
Posted on 8/19/22 at 10:52 am to
I know quite a few government folks that left government and made way more money in the private sector. This may be the first time I hear about it reversed.

What do you do? What kind of director?
Posted by Gabapentin
Member since Mar 2022
374 posts
Posted on 8/19/22 at 2:09 pm to
(no message)
This post was edited on 1/6/23 at 10:08 pm
Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
136284 posts
Posted on 8/19/22 at 2:39 pm to
Ah, govt employment. More pay, better retirement.
Posted by tigerfoot
Alexandria
Member since Sep 2006
60741 posts
Posted on 8/19/22 at 5:04 pm to
30k a year is a nice bump. By the time your kid heads to school you could more than make up for tuition.

Not to mention advancement. And Pension.

It is really a no brainer if you ask me, unless the 30k is only like a 10-20 percent bump.
Posted by GeauxTigers123
Member since Feb 2007
3105 posts
Posted on 8/20/22 at 9:52 am to
quote:

better retirement.


You say this in all the threads (and historically you were correct), but now a days a lot of state pensions and the federal pension are not near as high of a percentage as they used to be.
Posted by FLObserver
Jacksonville
Member since Nov 2005
15852 posts
Posted on 8/20/22 at 10:54 am to
quote:

now a days a lot of state pensions and the federal pension are not near as high of a percentage as they used to be.
Should have been this way decades ago. A lot of these Pensions are not well funded and usually get pushed to the tax payer to pay for the short falls.
Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
136284 posts
Posted on 8/20/22 at 12:23 pm to
quote:

You say this in all the threads (and historically you were correct), but now a days a lot of state pensions and the federal pension are not near as high of a percentage as they used to be.


Well, not sure about that. Govt needs to move to a 401K style, the current system is unsustainable for the taxpaying public, which I know they don't care about.
We live near Frankfort, my wife knows a lot of state workers from her time as a lobbyist, and many of them retired between 40-50 years old, and went right back to their jobs and started a second pension. Most of them have vacation homes somewhere else in the south.

Govt pay and benefits are way better in many sectors now than private, and that wasn't the case 50 years ago.

But, I didn't mean to rain on your opportunity, get what you can.

I try to keep my frustration with our govt to the OT/PT threads, so sorry about this one.
This post was edited on 8/20/22 at 12:25 pm
Posted by BearsFan
Member since Mar 2016
1286 posts
Posted on 8/20/22 at 1:54 pm to
they arent what they used to be
This post was edited on 8/20/22 at 1:54 pm
Posted by baldona
Florida
Member since Feb 2016
23432 posts
Posted on 8/20/22 at 8:59 pm to
quote:

Yes. We can choose from about 600 schools. Its a heck of a benefit. Some good ones on the list as well. Baylor, Tulane, Samford, etc.


I’m not saying that’s a bad list, but it’s mostly colleges most people have never heard of.

Your kid could go to an in state school with a partial scholly and cost you $20k total in tuition.

Certainly worth keeping as a consideration but I’m not sure it’s a major benefit.
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