Daniel Goure claims that federal government.
Author | Levine, Leonard F. |
Position | Readers' Forum - Letter to the editor |
In the article "Federal Agency Insourcing: Why Government Costs So Much," Daniel Goure claims that federal government workers "enjoy a range of benefits far in excess [of] their private sector counterparts." And he lists a number of benefits which are either inaccurate or misleading. The retirement benefit for current employees are composed of three parts: Social Security, which is no different than anyone else paying into the system; Thrift Savings Plan, which is the equivalent of the 401 (k) plans; and the Federal Employee Retirement Systems (FERS itself), which is half of the old Civil Service Retirement System (CSRS). On the Thrift Savings Plan, one should note that this is the equivalent of a 401 (k) plan and...
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