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Replies to #1103 on Ring of Fire
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randygee

10/04/06 6:03 PM

#1104 RE: Burk #1103

you must have a really nice pension...I'm in a state pension system; I have 14 years in and 11 to go to retire with a lifetime medical and a pension I can collect 100% of at 55...I'll actually be here 25 years at 52, but the pension is reduced 1/4 of 1% per year for every year before 55....

the calculation takes your number of years divided by 60 x the average of your three final years salary...I'm only thinking 45,000 annually:(
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FreeMarkets

10/04/06 7:26 PM

#1108 RE: Burk #1103

OT: No doubt. Those will be gold mines. I think people underestimate those jobs, especially for older workers. The ROI is huge when you throw in the pension.