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Subject:  Re: Retirement savings benchmark Date:  1/21/2013  9:45 AM
Author:  ferjen Number:  71274 of 88005

Most defined benefit pension plans are designed to pay 70 to 80% of gross pay after deducting full retirement Social Security payments usually after 30 years service.

Small pension usually means you retired early or with less than 30 yrs service.

In Florida, 48% max. after working 30 years min....and no COLA...
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