Yet another way to look at it is lower expectations for work performance along with more security of employment along with lower pay and guaranteed pensions. S

Yet another way to look at it is lower expectations for work performance along with more security of employment along with lower pay and guaranteed pensions. Seriously, many public pension schemes are absolutely ridiculous. People shouldn't retire after 20-25 years of work and be defacto millionaires with lifetime pensions on the backs of tax payers. The system really can't support that scheme as is becoming painfully clear.