Orange_Vol1321
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- Dec 4, 2012
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Do away with ALL defined benefit retirement packages with the exception of military members that have actually been in combat zones. Give them all a card with 1-800 FIDELITY and a 401(k).A few things can help reduce government employment, and I am saying this as an executive in a government agency.
Comprehensive government wide staffing study. Determine how many people are needed to actually do the job. Shed dead weight through attrition/early retirement offers.
Mandatory retirement dates.
Any "physical" type job requires a medical clearance. Can't keep it? Bye.
Modernize. Automate as much as possible.
Reclassify employees out of bargaining unit positions. (bonus: crush the federal unions with extreme prejudice.)
Get fired from the government? You cant get rehired. I'm terminated an employee while they are in jail and I found out they have been fired twice before..
Lower/limit/remove government red tape = increase efficiency (unions hate that word efficiency)
Analyze what federal unions are proponents for. If it isn't safety related, do the opposite.
We all have 401K's now. The pension only folks, oddly enough, are still here (they are like 70 years old) but slowly fading out. Our pensions (FERS) are (for non Air Traffic Control and LEO) 1% per year of your top 3 salaries. I believe there are plans to make that "top 5" salaries. The majority of folks only pull 20-30k in a pension and rely on their 401ks. Doing away with it all would be phased in and take decades to see any real results. I'd probably be dead by then.Do away with ALL defined benefit retirement packages with the exception of military members that have actually been in combat zones. Give them all a card with 1-800 FIDELITY and a 401(k).