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TeamMisha t1_j0t58vf wrote

Reply to comment by George4Mayor86 in 250,000 NYC municipal retirees face controversial switch to privatized health insurance by mowotlarx

I would argue the public sector needs to move more like private: better pay, 401k match for retirement, and decent benefits. Pensions are/were a financial disaster and not good for the taxpayer. It is archaic rules holding the PS back, young hires want flexibility not "you must be here for X years", weird seniority rules, and "its gonna take us 8 months before you actually start". And I can't forget the 5 day in office rule by Adams being a major roadblock right now.

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biggreencat t1_j0uwurm wrote

this is an oft repeated trope, "young hires want flexibility." they want pay. having to play a shell game to get benefits is not flexibility

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TeamMisha t1_j0wwbp8 wrote

I mentioned pay as well for that reason. Personally I think I'd rather be in the private sector making more net income but paying for benefits. When you are young your risk factor is very low, you don't need a fancy insurance plan. We have a marketplace system at my company and bronze plans are between $10-$40 per pay check, very cheap, yet I'm not burdened by PS vesting rules and hiring practices in the event I want to change jobs. I do not believe that in the current system, the PS can possibly beat the income you'd gain by changing jobs every 3-5 years which is becoming more common now vs. stay at one company for life.

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Plays_On_TrainTracks t1_j0uz23z wrote

It makes sense for some more physical jobs as long as you can keep the insurance when you retire. My government job doesn't let me keep the vision, hearing and dental coverage we have after retiring, which are the three things that deteriorate for most employees due to the job and are a fortune to fix.

Being able to retire at 55 is still great considering most office based employees are going to work till a minimum of 62.

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