I think targeting your anger towards public union employees is missing the point. The public employee worker bees are not the problem. Until 10-15 years ago private employers offered similar benefits to private sector, non-union, employees.[/quote]
I’m not sure where you mean in the last 10-15 years. This sounds like something from another era, like the 1950’s or 1960’s. I’m not saying defined benefit pensions weren’t more common 10-15 years ago, but they couldn’t have been as rich as what we see in government.
Seriously, there were private employees getting 2.5% for every year worked starting at age 55 as recently as 15 years ago? Maybe at the Big 3 auto makers but how about in this part of the country? Every place I’ve worked going back to the 1980’s it’s been IRA or 403B or 401k usually with a modest employer match.
