Tuesday, May 04, 2010

Government Workers Ride Into a Golden Sunset on the Backs of Taxpayers | Howard Jarvis Taxpayers Association

Government Workers Ride Into a Golden Sunset on the Backs of Taxpayers Howard Jarvis Taxpayers Association
"For those who work in the private sector, the dream of enjoying a comfortable retirement has become just that -- a dream.

The impact of the recession continues to be brutal, especially on older workers.

“More than seven-in-ten (72 percent) workers over the age of 60 who said they are putting off their retirement are doing so because they can’t afford to retire,” according to a recent survey by CareerBuilder.

In California, with unemployment and under employment totaling over 21 percent – only Michigan with its decaying auto industry is worse off – older people being forced to work longer may regard themselves as lucky just to have a job.

This is not a concern for those who enjoy the job security of working for California government.

The highest paid public workers in all 50 states -- some of whom are able to retire as many 15 years earlier than the private sector average with pensions nearing full time-pay -- continue to be shielded from the impact of our dismal economy by their sponsors in the state Legislature."

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