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Author: cabinsmama Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 310986  
Subject: Re: Parents as Role Models for Financial Matters Date: 4/6/2012 11:29 PM
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I'm trying to figure out where this overtime for public employees is...I've never seen it in NC, and I'm a 2nd generation public employee, married to another one. After being hired into management, I didn't even get comp time. As for inflating earnings the last few years before retirement, good luck with that...with budget cuts, I kept the same salary for 3 years--they stopped COLA, longevity, and merit raises a long time ago.

DH kicks in his 8% contribution into the pension plan every month like he has for 34 years,(as I did) and the 20+ hours a week he works over the first 40 hours goes towards comp time he never has time to use.

Our pensions might be fixed, but our insurance costs aren't, and I expect that to go up every year (with the coverage going down if that's the changes made to the plan) while the pensions stay the same.

I don't think I bamboozled right...

cm, ret.
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