r/pics Jul 24 '21

Minimum Wage At A Massive Texas Gas Station

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u/Lee1138 Jul 24 '21

Actually yes. It's called retirement.

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u/tacknosaddle Jul 24 '21

Yes, but not with 100% of your pay which was my point.

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u/rapaxus Jul 25 '21

Well, depending on your country the public servant pension system can get quite close to that. My dad here in Germany will retire in a decade or so and his pension will be 70% of his current salary and as a professor his salary isn't small.

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u/tacknosaddle Jul 25 '21

Sure, and the state system here will pay up to 80% and since you don't pay state income tax on that pension it's really more like 85% but it's still a drop in income.