It's funny how government works, at all levels. Even though obama said last November that there would be no raises for federal employees, they are able to get around that and get them anyway. It's kind of like when congress refuses to approve an obama nominee, he just waits until congress goes on vacation and then he uses an executive order to do it, getting around the system.
I guess when it's ok for the president to be a crooked piece of shit, it's fine for everyone else too...
By Gerri Willis - FoxNews
Nearly 14 million Americans are desperate for work. The nation is 14 trillion dollars in debt. As we'll illustrate all week - the government is bleeding red.
Everyone is being forced to make sacrifices - everyone except federal workers. Keep in mind you and I pay for these workers.
The Wall Street Journal points out they didn't feel the recession the way the average private sector worker did. Amidst high-level of layoffs, it wasn't until the most recent months that government workers even saw pink slips.
Under the federal pay formula, employees are eligible for a regular pay raise every one-to-three years, depending on their seniority. When they get a raise they move up a "step" on the Federal pay scale,
A new report out today from the Congressional Research Service shows more than 77,000 federal workers drew higher salaries in 2009 than the governors of the states they worked in. It's not just pay - their benefits are out of this world.
The Journal says employees are entitled to a 5% match from the government to their retirement plans. The average private sector worker usually only gets 3% and once these workers retire at the ripe old age of 62 - they take home more than 1% of their three highest year's salary - times the number of years worked.
So let's do the math—if someone was making $80,000 a year, after 30 years, they get to live off of more than $26,000 a year - that's just their pension.
Read the rest at the link above...
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