I am just saying don't criticize a tax increase when that tax increase was passed to help your family so that your pension wasn't cut. I never said the practices were fraud. My example is completely legal and is pretty much the standard play book used by employees. Allowing that loophole is the fault of the legislature not the employees. However, employees that exploit that loophole should not be criticizing a tax increase that makes this continued practice possible.
I do not begrudge anyone their pension. What I do begrudge is people who work the system and end up collecting a pension that has an annual payout that far exceeds their average working salary. I just wonder if this loophole was closed and a pension was based on your average pay during your 30 years of service instead of your final pay (you know like private sector employees who self-fund their retirement) what would be the reaction.
I do not begrudge anyone their pension. What I do begrudge is people who work the system and end up collecting a pension that has an annual payout that far exceeds their average working salary. I just wonder if this loophole was closed and a pension was based on your average pay during your 30 years of service instead of your final pay (you know like private sector employees who self-fund their retirement) what would be the reaction.
