HsiaoChu
Recycles dryer sheets
- Joined
- Feb 26, 2010
- Messages
- 389
I'm betwixt here and wonder if all you people who retired or will retire from that ubiquitous Megacorp might answer a question.
I'm a public school employee who has been in the business almost 40 years. I will get a good pension of about 70-75% of the highest three years, but I will have to pay for my own healthcare. I got Social security too, and that kicks in next May, when I will retire from the public system.
Now...... There are many people who wish to strip the public employees, who dutifully educated their youngins and in the early years made very little money to do it, of their pensions because they don't want to deal with defined benefit plans. These people say that the corporate world doesn't provide pensions anymore, and that they don't provide healthcare.
However...... On this forum, I have repeatedly heard of people retiring from Megacorp with nice pensions and even life-time healthcare. My sister in law will retire in about 15 years and works for mega-bank-corp. Even now at 10 years younger than me, she makes double my salary, and will have a pension that is higher than anything I ever made. And it was only very recently that mega-bank-corp removed her fully paid health care for life.
Which is it?
Z
I'm a public school employee who has been in the business almost 40 years. I will get a good pension of about 70-75% of the highest three years, but I will have to pay for my own healthcare. I got Social security too, and that kicks in next May, when I will retire from the public system.
Now...... There are many people who wish to strip the public employees, who dutifully educated their youngins and in the early years made very little money to do it, of their pensions because they don't want to deal with defined benefit plans. These people say that the corporate world doesn't provide pensions anymore, and that they don't provide healthcare.
However...... On this forum, I have repeatedly heard of people retiring from Megacorp with nice pensions and even life-time healthcare. My sister in law will retire in about 15 years and works for mega-bank-corp. Even now at 10 years younger than me, she makes double my salary, and will have a pension that is higher than anything I ever made. And it was only very recently that mega-bank-corp removed her fully paid health care for life.
Which is it?
Z