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Originally Posted by Heaven
Right, but whatever you do, don't accept a healthcare or government job with a salary-overtime-paid holiday-healthcare-sick leave plan-life insurance plan, because you will be held in contempt by your unemployed neighbors.
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The contempt comes from the way government employees milk the system, and expect us in the private sector to pay for it. Overtime, special law enforcement details and unused sick time and vacation days are counted when figuring a NH state employee's retirement pay. Because the retirement system counts an employee's three highest-paid years, not five, employees can jam a lot of overtime and saved sick and vacation pay into their last three years to pad their pensions.
Some retire with a pension that exceeds their base pay. Source:
Union Leader.
You don't see that in the private sector. But it's expected as a government employee. In the private sector, you have to pay for your retirement by saving in a 401K, with a piddly 2%-4% company match. You have to pay a significant percentage of your health care insurance. You can't bank more than x days of vacation + sick leave. And you don't get no pension after 20 years no matter what your last 3 years of pay is.
Government employees should be treated the same. No more taxpayer pension payouts for life. And start paying for your health care, if you're not already.