A Boring Dystopia

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The new middle-class retirement plan: Working into old age (www.cbsnews.com)

submitted 4 months ago by [email protected] to c/[email protected]

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[–] [email protected] 29 points 4 months ago (1 children)

I quit my corporate middle management job a few years ago and went to work for my local municipality. I make less money but should be able to retire at 62 with about 50% of my highest three year base pay coming to me as pension. I will still qualify for full SSI benefits (provided that's still a thing). My wife will continue to get half of my pension if I die first, and vice-versa since she's also a city worker. I feel like we're a lot better off now than we were before.

[–] [email protected] 20 points 4 months ago (1 children)

People underestimate govt jobs because nobody ever got rich doing them so everyone thinks the pay is shit. Its actually pretty good, benefits are good, its really hard to get fired if you genuinely try to do the job well, and usually a pretty strong union presence.

[–] [email protected] 2 points 4 months ago

Don’t forget pandemic, war, or economy proof. Services are needed no matter what’s going on.