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Friday, June 4th, 2010 04:30 pm
Who are America's fastest-growing class of millionaires? They are police officers, firefighters, teachers and federal bureaucrats who, unless things change drastically, will be paid something near their full salaries every year--until death--after retiring in their mid-50s. That is equivalent to a retirement sum worth millions of dollars.
/.../
So when you hear that government workers now make, on average, 30% more than private sector workers, you are not getting the full story. Government workers make more than twice as much as private sector workers, on average, when you include the net present value of their pensions.

И к тому же:

Saturday, June 5th, 2010 02:50 am (UTC)
the same way, probably, as Soviet planners calculated proper salaries for engineers, or doctors, or karate instructors