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<blockquote data-quote="DirtyDawg" data-source="post: 1330306" data-attributes="member: 9113">I don&#039;t know of any private sector jobs that offer pension plans that will pay me many times over my vested contribution.&nbsp; Why do public servants expect a golden parachute retirement plan?A majority of the companies that I deal with on a daily basis have halted 401k matching contributions, or eliminated the plan completely.&nbsp; Many of these same companies have been forced to cut worker pay and lay-off employees.&nbsp; Starting next year, I&#039;m hearing insurance costs will increase between 35% and 50%!&nbsp; Companies in the past that have paid 100% of their employee costs are now left with no other option than to pass these cost increases along to their employees.Explain to me again why state employees deserve a golden parachute retirement pension plan that pays several times over the participant&#039;s individual contribution.</blockquote>

[QUOTE="DirtyDawg, post: 1330306, member: 9113"] I don't know of any private sector jobs that offer pension plans that will pay me many times over my vested contribution. Why do public servants expect a golden parachute retirement plan? A majority of the companies that I deal with on a daily basis have halted 401k matching contributions, or eliminated the plan completely. Many of these same companies have been forced to cut worker pay and lay-off employees. Starting next year, I'm hearing insurance costs will increase between 35% and 50%! Companies in the past that have paid 100% of their employee costs are now left with no other option than to pass these cost increases along to their employees. Explain to me again why state employees deserve a golden parachute retirement pension plan that pays several times over the participant's individual contribution. [/QUOTE]

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