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2026-03-31 19:58:39 UTC
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Hoarse e-Books on Nostr: nprofile1q…8yz28 The disincentives have been piling up for a while. For instance, ...

The disincentives have been piling up for a while. For instance, up until 2013, a fed was required to contribute 0.8% (i.e., .008) of their gross pay each pay period toward their retirement pension. Congress jacked that up to 3.1% for 2013 hires & then 4.4%(!) for anyone hired starting in 2014.

That’s not money paid into a 401k (rather, the USG version, TSP). And it doesn’t mean those newer employees get bigger pensions. It’s just a big haircut on a gov’t salary.