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Tuesday, May 24, 2011

More Than 1/2 Million Feds And Postal Workers Ready To Retire

More than half-a-million full-time career feds and postal workers could retire right now. The Washington Post reports the eligible workers represent about a quarter of the 2.4 million permanent full-time employees collecting government or postal paychecks. It isn't likely that they'll all retire at once. But unions and federal workers say that they're more likely to consider retiring if proposals to increase payroll deductions for pension funds make it to law.

1 comment:

Anonymous said...

And your point is?! They make more than the rest of us working while being retired - plus the added cost of hiring replacements! I see no savings in this plan.