Amethyst
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- Dec 21, 2008
- Messages
- 12,708
Under the "old" Civil Service Retirement System, I have always paid 7 % of pre-tax salary (except for a while when it was 7.5%) toward a defined benefit pension. I have never paid toward Social Security, so wouldn't qualify for SS, unless I work at something else for 10 years after retiring.
Without comparing pension benefits, how much (percentage of pre-tax pay--no need to reveal the actual amount unless you want) do folks in other pension plans actually pay toward your pension? Does anyone get a pension for "free"? (i.e. you serve for 20 or 30 years, your employer gives you an annuity in thanks for your service)
Amethyst
Without comparing pension benefits, how much (percentage of pre-tax pay--no need to reveal the actual amount unless you want) do folks in other pension plans actually pay toward your pension? Does anyone get a pension for "free"? (i.e. you serve for 20 or 30 years, your employer gives you an annuity in thanks for your service)
Amethyst