On Fri, Feb 25, 2011 at 12:52 AM, Ian Skinner <h...@ilsweb.com> wrote:
>
> Yes, I did.

I don't think you did.

> Failed again.  My salary is higher then all those around me in the same
> position.

Must be the associate in the title.

> I was hired above minimum, meaning I started in the middle of the salary
> range for an Associate Programmer Analyst.  I am now nearly at the top
> of the range, one more raise will put me there.  That means that until
> and if I get a promotion to another job category, I can not get a
> raise.  But with the state hiring freeze that started this month, it
> could be several years before that happens.  Thus my salary may well
> stall while the value of my salary steadily declines do to inflation.

Time to get a promotion.

> Nope I do not.  It depends on how long I work.  To get full pay one must
> work for the state for 40 years.  So, I would have to work until the age
> of 80 to get that benefit.  If I retire at 65, I would get 60%.   I'll
> spare you the entire spread sheet I have to calculate all the possible
> permutations.

60% still a lot more than you will kick in.

> Is there a match for your 401k?  When I was in the private sector, I had
> a 75% company match on the first 6% contribution to my 401k.  And that
> company had a pension fully paid by the employer.  If that company had
> not been relocating to Florida in 2000, I would probably still be at
> that job.

That still doesn't bring the numbers up.

> Now I have a pension with a company match.  What is the big difference?
> Especially since the pension that you are bemoaning being paid the
> retires are from the retires contributions, a reasonable match very
> comparable to the private sector and the investments earned in the
> market on those monies.  If the state had not borrowed from the pension
> fund for past budget short falls, future taxes would not be required to
> pay for the retires.

That's bullshit and you know it. The pension system was a ponzi scheme
based on more workers paying in and people not living long. Now that's
reversed and the pyramid is upside down.

> Yes, I did.  That is why I said it cost me more for less coverage since
> I came to work for the state.

Do you still get health benefits after you retire or does it end with
employment like the rest of us?

> And the monies I pay into the pension are invested in the very same
> market as your 401k funds are.  If the government would keep their money
> grubbing mitts out of that pot then my future pension payout would come
> from my contributions and what it earned in the market.

Again pure BS. Your pension is guaranteed to return a certain rate no
matter how poorly your 401k performs.

> Why not, I'm paying for that benefit.

I'm paying just as much and getting much less.

> But no that was not the reason.

Again this isn't really about you, it's about the masses and your
personal situation doesn't matter for the big picture. It's

> And your taxes wouldn't if your politicians would not try to take the
> money *I* for which I worked hard.

You mean your free ride after you put in a do

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