Are you suggesting that federal workers should pay into a pension fund without getting it? Are you suggesting that that would put them on a level playing field with the dual-earner, family-friendly / absenteeism-friendly crony parents who inhabit most of the decent-paying jobs in the corporate world—the only ones with extra money to sock away in 401ks?
The dual-earner parents are the only ones who do not have to use their 401k money to cover rent between churn jobs since they have spousal income.
I don’t see the difference between the highly paid federal employees and the highly paid, womb-privileged corporate employees.
It is as easy to maintain a 401k over time if you are an above-firing crony parent in a corporate job, with ample spousal income, as it is to hold a job in a situation where you can take off frequent mornings, days, afternoons and weeks beyond PTO and preggie leave without meeting quotas.
Do those corporate employees pay into 401ks without getting anything out of it?
I don’t think so. I see them covering posh zip-code houses, mortgages on second homes, private schools for the kiddos, fine dining out every week and 9 two-week vavations for busy-working parents per year, plus PTO and pregnancy leave, while contributing to their 401ks without missing a small or large luxury.
Or, are you comparing apples and oranges?
Are you comparing dual-earner crony parents, who will have dual SS streams and other dual retirement income streams after they turn 65, to the MAJORITY, including the womb-productive citizens and noncitizens at the low end of the wage scale.
At the back end of life, they do not have the extra pension money from .gov, but their major household bills are paid by .gov all through their childbearing years. This is noncontributory, other than the sex and birthing that they give .gov.
They get free groceries, subsidized rent, monthly cash assistance, free electricity, nearly free daycare so that the single-breadwinner mommas can work part time to stay under the income limits for welfare program—plus yearly, sex-and-reproduction, tax-cash rewards from the US Treasury Department called refundable child tax credits up to $6,431.
Those mommas with .gov-financed monthly bills often spend their child-tax-credit cash,