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RE: Reflecting on retirement (or not)
Hey, if I got paid the same as the private sector I would be more than happy to manage my own retirement investments. The problem is, public employees don't. The typical gap is anywhere from 25% to 30% less in wages for the same job. People who don't get a pension consider that before they criticize.
0E-8 BEE
You must be in a backwater IT market, here in Seattle area private companies pay at least double of what public IT people get paid and that is before considering stock options
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Yeah, you have to take into account total compensation, not just one thing. I think state employees typically get better health benefits too (or at least cheaper ones). In my previous private sector job, I was paying more than 10% of my salary for health insurance (for family, not individual). This varies a lot based on employer though.
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