Law School

[yr]

My understanding is that government jobs generally have better benefits than do jobs in the private sector. Perhaps law is an exception, but otherwise I would object to  premise.

-1

Compared to a small heimeshe firm, government benefits are better. But I think most large corporation have pretty similar benefits to government with the exception of a DB pension. Most just have a matching contribution DC plan.

[skyguy918]

-1

Compared to a small heimeshe firm, government benefits are better. But I think most large corporation have pretty similar benefits to government with the exception of a DB pension. Most just have a matching contribution DC plan.

There are no absolute rules, but generally speaking (I'm not restricting myself to law here) the biggest benefit found in government vs private sector jobs is health insurance. Government jobs generally pay most, and sometime all, of the cost of health insurance, while private sector jobs do not. They may offer better or worse plans, and contribute some amount toward your premium, but they generally don't pay it outright.

How much value you get out of that benefit will certainly vary based on the 2 specific jobs you're comparing.

[henche]

There are no absolute rules, but generally speaking (I'm not restricting myself to law here) the biggest benefit found in government vs private sector jobs is health insurance. Government jobs generally pay most, and sometime all, of the cost of health insurance, while private sector jobs do not. They may offer better or worse plans, and contribute some amount toward your premium, but they generally don't pay it outright.

How much value you get out of that benefit will certainly vary based on the 2 specific jobs you're comparing.

My health care premium will be ~10k for 2016.

[Dan]

there are government employees and there are government employees. The guy who works minimally, with no professional pride for 30 years in order to spend the rest of his life sitting on a rocking chair on his front porch reading the paper is arguably wasting 30 years with no real fulfilling goal.
The guy who works pushing paper for 30 years so that when he gets home at 6 pm he doesn't have to think about work at all, and can have dinner with his family and go learn, and when he is 55 he can go back to kollel, spend time with his kids etc with no parnassa worries has one of the most fulfilling existences known to man.
As one of those in the second category, who had recently retired from a NYC job told me (as he sat down in the bais medrash for first seder), for thirty years I could have been comatose at my desk and no one would have cared. But now I am so alive!

Not sure I buy into that. Surely there are jobs where you can be fulfilled for 30 years and have accomplished something with that immense amount of time while still being able to be with your family and learn.

[Dan]

My health care premium will be ~10k for 2016.

Wow, are they covering anything?

[Ergel]

Wow, are they covering anything?

Of course. His premiums would be ~$25-30K otherwise

[skyguy918]

Not sure I buy into that. Surely there are jobs where you can be fulfilled for 30 years and have accomplished something with that immense amount of time while still being able to be with your family and learn.

Sure, and there are government jobs that fit that bill as well. The whole premise is flawed. Besides, this discussion has more to do with the person than the job.

[Dan]

Of course. His premiums would be ~$25-30K otherwise

My family's premiums beg to differ.

[skyguy918]

My health care premium will be ~10k for 2016.

Right, contrasted with $200 for the whole year (which is actually for some optional rider or something) for health insurance, and ~$1500 per year for union dues that provide dental/optical/prescription coverage. This is for a NYC school employee, but you'll find a similar situation for many government jobs.

[henche]

Of course. His premiums would be ~$25-30K otherwise

+1, a partner told me he pays 30k for family.

My family's premiums beg to differ.

I got no answer. 

[Dan]

I belong to a group of small businesses in CLE. I pay less than $1K/month for the whole family with a $1,500 individual/$3K family deductible.
Used to be half that before ObamaCare came and it went skyrocketing

[CS91]

I pay less than $1K/month

So is Henche. 10k for the year works out to $833 per month.

[dealfinder85]

I belong to a group of small businesses in CLE. I pay less than $1K/month for the whole family with a $1,500 individual/$3K family deductible.
Used to be half that before ObamaCare came and it went skyrocketing

i pay $2750 for the year for a family. but its a high deductible plan.
 the other plan is $6540.

[jj1000]

Would that include the oldest profession?

I'd say farming/hunting helps provide food for people and that benefits society. Or are you saying there was something before that?

[thaber]

Not sure I buy into that. Surely there are jobs where you can be fulfilled for 30 years and have accomplished something with that immense amount of time while still being able to be with your family and learn.

Of course,  although you usually can't retire at 55 unless you find a fulfilling government job,  school teacher,  police officer could be if you want them to. My point is that it's far from a pathetic existence, even if it's not something you or I or most of the ambitious DDF crowd would choose

[Dan]

So is Henche. 10k for the year works out to $833 per month.

Except his is being subsidized by his employer. Mine is not.

[AJK]

I pay no monthly premium, I pay no copay, and I pay no deductible.

[Aaaron]

I'd say farming/hunting helps provide food for people and that benefits society. Or are you saying there was something before that?

Lol.  Think about something else, also biblical, as early as the first half of sefer bereishis...

[AJK]

I'm hoping he was being intentionally thick...

[Dan]

I pay no monthly premium, I pay no copay, and I pay no deductible.

See, now that's a healthcare benefit.
The rest is Henchebabble.