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If you're at a point where the money isn't as important as stability it could be worth it. As a close relative of mine who was a lifelong state bureaucrat put
by dsfyu404ed 8y ago
If you're at a point where the money isn't as important as stability it could be worth it. As a close relative of mine who was a lifelong state bureaucrat put it "you have to rape a kid to be fired but you'll keep your pension unless you video tape it" which based on other things that happened in his department over the years is an exaggeration but not a big one. I'd definitely consider working for the government after my house is paid off.
- sokoloff 8y agoFunny you mention that. Once money is no longer an issue, I'd consider going to work for a university. Many of the same benefits (and drawbacks). A few years ago, I seriously considered working for EdX as I believe in the mission, but all the EdX positions that were open were MIT employees (amazing benefits, fixed [and uncompetitive] salary structure) and we had two young kids at home so it wasn't the right time to consider that.
- saiya-jin 8y agoDarn that's sad. Once money is not a primary issue, I would much prefer working 80%, or 60%, whatever compared to just gaining more stability. Pushing papers, playing politics, losing touch with progress in real world (affecting employability), that's a bad direction in any age.
- chrisseaton 8y agoI don't know... having the threat of having a pension removed sounds like yet another terrible thing about working for the government. My private sector pension is my property, in a managed fund. The company can't do anything to it.
- dsfyu404ed 8y agoThe implication was that if your pension is removed it's a non-issue because the state is providing you food and shelter on their own terms.
- chrisseaton 8y ago> you'll keep your pension unless... In the government you can lose your pension. In the private sector you can't. In both cases you have state benefits. How's that a benefit of being in government?
- dsfyu404ed 8y agoBy "on their own terms" I meant prison. Like if you do something bad enough to lose your pension it's because you did something so bad that you're going to jail for the rest of your life.
- chrisseaton 8y agoI still don't get it. Even if I go to prison I don't lose my private sector pension. Government pensions are worse because they have the option of removing them. They can't do that in private sector because it's not part of any contract or company control - it's a trust.
- pnutjam 8y agonot all pensions are judgement proof