Ddjjaa:I have run across plans like this. On the positive side you can calculate retirement age (assuming continuous service) by adding 85 to your starting age and dividing by two. Usually requisites like this are limited to Defined Benefit Plans.In the real world of today however, there are few Defined Benefit Plans. And that number is decreasing (a result of increasing job mobility). But to address your question, yes the plans exist. They are company-specific. Your HR 'toadies' can tell you if you are affected. Hope this helps.Incidentally, no disrespect is intended by referring to the HR people as 'toadies'; it just slipped out.--WauseonFox--
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ra