When I first started working for the State of Michigan, the pay was below industry standards but the benefits were great.\u00a0 Unfortunately, you needed to work there for 10 years before you would be fully vested in their pension program.\u00a0 And of course, after 10 years you were pretty much established and were inclined to stay.<\/p>\n
But, about 20 years ago, the State eliminated the pension in favor of a 401K.\u00a0 This meant that new hires could take their money and run when ever they felt like it.\u00a0 So instead of having a career job, the State became a place where people worked until they could find something better.\u00a0 As a result, prime employee moved on to better jobs and the seconds remained at the State.\u00a0 Thus the expression “Good enough for government work.”<\/p>\n","protected":false},"excerpt":{"rendered":"
When I first started working for the State of Michigan, the pay was below industry standards but the benefits were great.\u00a0 Unfortunately, you needed to work there for 10 years before you would be fully vested in their pension program.\u00a0 … Continue reading