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The Competition
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Retirement information meeting
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<blockquote data-quote="vantexan" data-source="post: 2319031" data-attributes="member: 24302"><p>On the TP it was the five highest paid years before the pension was terminated in 2008, averaged together, then 2% of that times the number of years worked at least 1000 hrs, up to a maximum 25 years. Thus the most you can get is 50% of highest annual average, taken at full retirement age which is 60. You can take it earlier, but each year you do is a 3% reduction, with 55 being the earliest age and 15% less. Can anyone tell I really, really wanted to make sure I could escape this place as soon as possible?</p></blockquote><p></p>
[QUOTE="vantexan, post: 2319031, member: 24302"] On the TP it was the five highest paid years before the pension was terminated in 2008, averaged together, then 2% of that times the number of years worked at least 1000 hrs, up to a maximum 25 years. Thus the most you can get is 50% of highest annual average, taken at full retirement age which is 60. You can take it earlier, but each year you do is a 3% reduction, with 55 being the earliest age and 15% less. Can anyone tell I really, really wanted to make sure I could escape this place as soon as possible? [/QUOTE]
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