Straight-80 Paycheck for PP01

[Acquired Taste]

I wasn’t one of the top OT guys in the area, and when I retired the federal salary cap was slightly under 200k, so I never crossed the 400k mark, but I did go over 300k my last seven years on the job. My pension is around 120k so I can’t complain. That pension is what made the whole thing worth it.

How is your pension almost 120k if the salary cap was ~200k and 25 years of service gets you 39%? That would be ~80k. Are you including the ss supplement in that? Did you do vision 100?

 

[Nothanks]

How is your pension almost 120k if the salary cap was ~200k and 25 years of service gets you 39%? That would be ~80k. Are you including the ss supplement in that? Did you do vision 100?

He said 35 years. Probably vision 100. No one here can last 35 years in this profession anymore. People aren’t built the same

 

[32andBelow]

He said 35 years. Probably vision 100. No one here can last 35 years in this profession anymore. People aren’t built the same

I could do 35 years easy. Maybe you are weak

 

[Nothanks]

I could do 35 years easy. Maybe you are weak

Have fun. No need to

 

[32andBelow]

Have fun. No need to

I think the most I can do is 28 cus of the law. I’m sure it’ll be changed by then.

 

[Phillytroll69]

I wasn’t one of the top OT guys in the area, and when I retired the federal salary cap was slightly under 200k, so I never crossed the 400k mark, but I did go over 300k my last seven years on the job. My pension is around 120k so I can’t complain. That pension is what made the whole thing worth it.

Do you think a fight to include ot in pension would be worthwhile

 

[32andBelow]

B

Do you think a fight to include ot in pension would be worthwhile

i think increasing tsp match to all hours and premiums worked is a better fight. Or a match above 5%

 

[Redacted]

Do you think a fight to include ot in pension would be worthwhile

I think it’s a really slippery slope. For one you’re then making a “successful career” more reliant on working an absolute ton of overtime during your high 3, which, depending on your facility, could make for even more have-or-have-not divides. Some facilities (like it or not) will have a ton and would set people’s retirements insurmountably more than others. Obviously that works both ways where you have people working tons of overtime and not being rewarded for it. More important to me would be increasing the rate it’s paid at (which increases lifetime earnings, helping time in market), and having overtime contribute to the rate at which you earn leave (so that when you work overtime, you then get to have more time away from the facility elsewhere).

I say this as someone who definitely doesn’t work as much overtime as someone like Dank but who does average about 300 hours of assigned OT a year. I don’t really want to have to do that or more in my final 3 years

 

[blarg]

I think it’s a really slippery slope. For one you’re then making a “successful career” more reliant on working an absolute ton of overtime during your high 3, which, depending on your facility, could make for even more have-or-have-not divides. Some facilities (like it or not) will have a ton and would set people’s retirements insurmountably more than others. Obviously that works both ways where you have people working tons of overtime and not being rewarded for it. More important to me would be increasing the rate it’s paid at (which increases lifetime earnings, helping time in market), and having overtime contribute to the rate at which you earn leave (so that when you work overtime, you then get to have more time away from the facility elsewhere).

I say this as someone who definitely doesn’t work as much overtime as someone like Dank but who does average about 300 hours of assigned OT a year. I don’t really want to have to do that or more in my final 3 years

I agree here, even though it would be nice to have a massive pension. Forcing you to have the shittiest years of your career at the end would be... not great. But it works for fire fighters and stuff? Still torn on it.

That said, making overtime affect our pension would require Congress, whereas I believe getting paid more for overtime (anything greater than the 1.5x minimum) could be changed in the contract alone and thus be much easier to accomplish.

 

[Gauff]

I agree here, even though it would be nice to have a massive pension. Forcing you to have the shittiest years of your career at the end would be... not great. But it works for fire fighters and stuff? Still torn on it.

That said, making overtime affect our pension would require Congress, whereas I believe getting paid more for overtime (anything greater than the 1.5x minimum) could be changed in the contract alone and thus be much easier to accomplish.

Both are worth pursuing and counting OT towards our retirement definitely doesn't force you to work your ass off right before retirement, but would still likely add to your pension. All pay should count to our high 3 though.

Yes the 2x pay or more would be easier though