8:34 am, April 18, 2014

FederalNewsRadio.com - Purpose of Comments statement Click to show

Hubbard Radio, LLC encourages site users to express their opinions by posting comments. Our goal is to maintain a civil dialogue in which readers feel comfortable. At times, the comment boards following articles, blog posts and other content can descend to personal attacks. Please do not engage in such behavior here. We encourage your thoughtful comments which:

  • Have a positive and constructive tone
  • Are on topic, clear and to-the-point
  • Are respectful toward others and their opinions

Hubbard Radio, LLC reserves the right to remove comments which do not conform to these criteria.

  • 15
       

  • Purpose of Federal Pension
    Old Bunny
    I always thought that one of the reasons we had a nice pension was to discourage us from making hay while the sun shines or being tempted to give ourselves out to the highest bidder for our perceived or acutal influence. If you think the civil service is getting bent and corrupt now, wait until the retirement gets less favorable.
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • Pension Buyout
    NumberJunky
    I would not mind having my Defined Benefit pension bought out in favor of higher contributions to my Defined Contribution (TSP) plan. I think i can get a better return on my investment than the government can and have a better retirement in turn. Congress and the Whitehouse, take note, you have a contract with your employees, whether it is written or not, and changing those terms will not go over well with us. Also, make sure you abide by the same rules you lay out for us. You are not royalty, you are not special. You had best make sure your own closet is clean before you go looking in mine. Rest assured, I will be looking at yours if you mess with mine. have a great day!
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • Pension Buyout
    zak6482
    I think this would be a terrible idea for those of us that served as we get credit for our service. No one in the civilian world offers that kind of deal and I think we would lose a lot of veterans in the process. I agree that some of us could do better with our investments but I figure that's what TSP/IRAs are for. I like the idea of having a pension (small as it is anyhow) that will always be there just in case the worst happens and my investments don't perform as well as needed. This is still based on the idea of pay differences with the outside world that simply isn't there. I took a pay cut when I came into federal service. TSP and pension benefits were the only thing that brought my pay back into line with what I made before.
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • And yet there is no discussion of removing restrictions
    Just me
    First, allow me to state that I "get it." I understand that everyone is going to have to give something up. I understand that some of us will be sacrificing more than others, because "fair" is a four letter word. I also understand that these things will happen whether I like it or not, and that I have a choice... to leave or to stay based on how things develop. Now, please, allow me to state my objections. I have always thought that one of the reasons federal service is compensated as it is, is that the federal government is one of the more restrictive employers when it comes to outside employment and other activities. Agencies have the unilateral right to deny an employee permission to take outside employment as a condition of employment. Further, many federal employees are prohibited from taking outside work, in their chosen career field, during the term of their employment and for as much as five years after separation. Federal agencies may proscribe what an employee may do or say outside the workplace, (when not in a duty status). They may limit or prohibit employees from friendship or association with persons it deems to be inappropriate (security risk, conflict of interest, and etc.) Many of these restrictions do NOT apply to the private sector. Yes, I understand that public service is a "public trust." The question here, however is that these are (in my opinion) a loss of privilege or right which will now have no counterbalancing offset or benefit. Should not these restrictions be revised, rewritten, or abolished entirely to restore balance to the equation? If we are, indeed, going to base everything on what the private sector does, then federal employees should have the same rights and privileges that employees in the private sector do. This means that the government should LOSE it's right to dictate any activity occurring outside duty hours. If a conflict of interest arises DURING duty hours, then by all means pursue it... but requiring feds to be bound by the restrictions described, while taking away benefits intended to compensate for these restrictions, appears to be the first step in rendering service into servitude.
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • Word!
    Old Bunny
    Outstanding, Just me.
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • No COLA for CSRS?
    Joe
    The article said: Bring federal pensions in line with private sector.The recommendation includes moving from a high-three to a high-five calculation of retiree benefits. The commission wants to bring the pension program more in-line with private sector programs, defer cost of living adjustment (COLA) for retirees in the current system until they are 62 and adjust the ratio of employer/employee contributions so they are equal. The savings target over 10 years would be $70 billion. Since FERS retirees already don't get any COLA until age 62 looks like the same rule will apply to CSRS.
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }