Tuesday, August 18, 2009

Today's debate: 'Double dipping' -- Public sector 'retirees' draw a pension -- and a paycheck


'Double dipping' -- Public sector 'retirees' draw a pension -- and a paycheck
"Taxpayers, younger workers suffer when pensioners go back on payroll.

Consider this career choice faced by tens of thousands of teachers, police officers and other government workers across the USA:
Work past the age when you can collect a guaranteed pension (often 50 or 55), or retire that year and come back to your old desk or one nearby to collect the pension and a crisp new paycheck to boot.
Collecting both checks is a no-brainer, and in most states it's also legal. This 'double dipping' is financed by the 100 million private-sector workers who have no such option themselves,
and in several states they've started expressing some well-placed anger."

In the "Two America's" of today, we in the private sector tighten our belts so the public sector employees can let out their belts.

How long will we let this continue?

How long will the young americans be silent?

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