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The focus on 401ks has destroyed the retirement for millions of Americans over the last generation.
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<blockquote data-quote="brett636" data-source="post: 2359758" data-attributes="member: 249"><p>It varies from one area of the country to another because there are several different pension funds covering different parts of the country. Upstate posted the requirements for his pension, but mine is a bit different. Here pension credits are earned based on the number of weeks that you have worked, and you can work just one day and get credit for the entire week. I need a minimum of 45 weeks of pension credit for that year's of service to count, and we have a 25 and out option with a minimum retirement age of 50. My pension also maxes out at 35 years of credit which would pay $3800 a month currently.</p></blockquote><p></p>
[QUOTE="brett636, post: 2359758, member: 249"] It varies from one area of the country to another because there are several different pension funds covering different parts of the country. Upstate posted the requirements for his pension, but mine is a bit different. Here pension credits are earned based on the number of weeks that you have worked, and you can work just one day and get credit for the entire week. I need a minimum of 45 weeks of pension credit for that year's of service to count, and we have a 25 and out option with a minimum retirement age of 50. My pension also maxes out at 35 years of credit which would pay $3800 a month currently. [/QUOTE]
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The focus on 401ks has destroyed the retirement for millions of Americans over the last generation.
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