Quote:
Originally Posted by dbotsfordtat
Not true, the military gets that deal after 20 years, sooner if medically retired. I am not sure, but I believe municipal employees get a similar deal. Also, I have heard the term double dipper applied to Florida state employees, where they retire from a position such as Fire Chief after a certain number of years and are rehired the following day in the same or similar position, they then receive retirement pay and salary for the position. My father-in-law is retired UP and making out like a fat rat, before 65. Plenty of people living the good life besides UAW members.
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I'm all for that actually. Most military don't make enough money to begin with and if they served their country for 20 years, then they deserve a decent retirement.
The problem with GM is that you have more GM retirees then you do have employees. How can GM possibly afford to keep doing that?