Dreams really do come true … for government workers supported by your tax dollars.
The Heritage Foundation released a paper analyzing data from 2006 to 2009 on federal employee compensation. Compare this to your compensation and benefits. Federal employees:
– Average 22 percent more per hour
– Get both defined contribution pension benefits and thrift saving plan
– Can retire at age 56 with full benefits after 30 years
– Get benefits are worth $32,115 versus the private-sector average of $9,882
– Get job security with unemployment going from 2 percent to 2.9 percent while the private-sector climbed from 4.2 percent to 10.6 percent
– Leave their jobs at one-third the rate of private-sector
– Pay is set by Congress under a wage-fixing pay scale based on seniority, not performance
There you have it – big government, big pay, big benefits and no accountability for performance. Wow.
We should all be so lucky. But we aren’t. The federal compensation approach must end now before each one of us has to support two government workers. They’re getting way too heavy to carry anymore.