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xmas74

(29,998 posts)
26. State gov equivalency
Tue Apr 2, 2019, 09:25 AM
Apr 2019

I'll receive a few hundred a month but nowhere near what is needed to survive. If I want to look at it as a silver lining I can 80 and out in a few years and find a different job to keep paying in to SS. I can also use my pension expense to invest and build a bigger nest egg until I retire from the second job.


I have a coworker turning fifty next year and she is going to 80 out. She breeds St Bernards and makes more money doing that then working but our job has decent benefits. She's breeding next year full time and has a horse she's using to stud. She said she will have the farm paid off, is working on a smaller lake cabin that will include solar and raised garden beds for her retirement home, etc. She acknowledges she will be one of the last of our generation who will be able to do this with a state job.

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Do you want to know if people have both (multiple jobs)? spooky3 Apr 2019 #1
Yes, I have one GP6971 Apr 2019 #2
I have a defined pension from one ex-employer and a defined sinkingfeeling Apr 2019 #3
Even with a defined benefit plan there is often not sufficient funds in retirement. Yonnie3 Apr 2019 #4
I have one from a company I worked for several years ago. SeattleVet Apr 2019 #5
I just have a 401k Massacure Apr 2019 #6
I have one, from a job in the 1970s. PoindexterOglethorpe Apr 2019 #7
I'll get 9k a year from JenniferJuniper Apr 2019 #8
I DID have one RussBLib Apr 2019 #9
$421.55 per month SoCalDem Apr 2019 #10
I have one from a big computer company that no longer exists MurrayDelph Apr 2019 #11
DB plans are now really a thing of the past. My company is an exception but it's because this is UniteFightBack Apr 2019 #12
I worked at my job for over 35 years mokawanis Apr 2019 #13
Both my wife and I do. And they are really good. GulfCoast66 Apr 2019 #14
no money handmade34 Apr 2019 #15
My husband has worked for a big oil company for 38+ years phylny Apr 2019 #16
I recently qualified for the survivor benefit mnhtnbb Apr 2019 #17
Your ending might be the beginning of another post. guillaumeb Apr 2019 #32
In a way we do. Cold War Spook Apr 2019 #18
I'm in the NC Local Government Retirement Plan Abnredleg Apr 2019 #19
Yes, I have one Trailrider1951 Apr 2019 #20
Mine hasn't changed since 2006. ananda Apr 2019 #21
8 yrs Teamsters, $150 for life with the first 4 yrs @ $391/mo. SammyWinstonJack Apr 2019 #22
I have two. llmart Apr 2019 #23
I said yes, BUT, with Trump changing the laws about employers giving buy-outs Coventina Apr 2019 #24
This isn't coming out the way I expected dumbcat Apr 2019 #25
I'm also retired civil service. Government employee pensions are among the best remaining. One of KPN Apr 2019 #28
State gov equivalency xmas74 Apr 2019 #26
I am retired from PA public schools Freddie Apr 2019 #27
I have and have been receiving benefits for doc03 Apr 2019 #29
Retired Fed under old Civil Service Retirement System... 50 Shades Of Blue Apr 2019 #30
I have a defined benefit exboyfil Apr 2019 #31
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