"It's nice work if you can get it. And if you get it, won't you tell me how."
These lyrics from George Gershwin's 1937 hit seem apropos when it comes to working for the federal government.
In yet another story of public sector opulence, hundreds of thousands of core public sector employees are collecting $6 billion in severance packages even while they remain in their jobs.
According to CBC News, the payouts are part of the Harper government's move to scrap a long-standing public service perk that gives federal workers severance pay when they quit or retire.
As a means to fulfill their obligations from previous collectively bargained agreements, however, the government has agreed to compensate all existing public servants for all of the severance they have accumulated to date at the rate of one week's wages for each year of employment.
Government officials say the average payout to date has been roughly $20,000, but the highest-paid government executives and military brass could beRead More »from Public sector employees to collect $6 billion in ‘severance’ while remaining on the job