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If the general population were numerate enough, and there was enough transparency, there were would be riots in the streets over the NPV of retirement packages
by balderdash 4y ago
If the general population were numerate enough, and there was enough transparency, there were would be riots in the streets over the NPV of retirement packages for public sector employees, these people are getting packages that are worth $2m,$5m,$10m at retirement (which could be 50ish!)
- Spivak 4y agoIt’s good stuff. I turned it down because the work bored me to tears but I could have made $150k/yr and retired at 52 for $120k/yr for life. If anyone wants in on it, IT at a large public sector university.
- danaris 4y agoSo...you're suggesting people should riot so they can get that, too, right? Not so they can tear other people down to only get the same pittance they do? The public sector employees getting generous retirement packages are not the enemy. They are not the reason the rest of us are getting pissed on and told it's raining. That's the very wealthy and the politicians they've bought.
- balderdash 4y agoBoth actually, many public sector employees are grossly overpaid, and private sector employees should get real pay rises/protections.