welfare vs wages

[dellinger63]

Originally Posted by GenuineRisk

So a 60K salary is "rich" to you? Because 44K plus health care adds up to a mid-60s salary (estimate a third more for health care and Social Security costs- much of which the employing company gets to deduct).

Seventy percent pension would mean a collector would be living on about $30-35K a year in retirement. You consider this overly lavish?

60K is not rich and I think is fair pay, it's also a far cry from minimum wage and with healthcare added I would definitely consider it middle class.

When the $30-$35K comes from the taxpayer, then yes I consider it lavish. Drawing from the employee's 401K, I consider livable with Medicare and SS added. I also call it self-reliant and not taxpayer subsidized.

Illinois and many other states don't have a problem with payroll it's pensions that have been neglected/pilfered and mismanaged at no fault of the taxpayer yet guess who's on the line?