kyounge1956
Thinks s/he gets paid by the post
- Joined
- Sep 11, 2008
- Messages
- 2,171
Continuing on from my previous poll, (which I accidentally put in the wrong forum) what is the maximum percentage per year of service paid by your public pension system. Please, only vote in the poll if you are currently working, or have worked in the past, for local, state, or federal government, including military.
A SCERS pension can be up to 2% per year of service, for employees with 30 years or over age 65 at retirement. Various combinations of age & years of service can also receive 2% per year. For example, I plan to retire at age 57, by which time I'll have 28 years of service, but I'll be eligible for 2% per year any time after I turn 55, because of the number of years I've worked for the City.
A SCERS pension can be up to 2% per year of service, for employees with 30 years or over age 65 at retirement. Various combinations of age & years of service can also receive 2% per year. For example, I plan to retire at age 57, by which time I'll have 28 years of service, but I'll be eligible for 2% per year any time after I turn 55, because of the number of years I've worked for the City.