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Do you have a defined pension plan?
Yes
No

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I get a $450 month pension from a job I held 1971 to 1983.....and was able to start collecting on 2 years ago at age 60....

Pays the utilities.... or pays the health care..which ever way you want to look at it...

My other job after that had a pension (from 1983-1990) but in 1990, they converted it to 'cash value' and stuck it in my 'new' 401K. The tax laws changed in 1990.

So, yes, I 'have' a pension.....but it was earned back in the 70s/early 80s.....

The other one disappeared, and 95% of my retirement income comes from investments.....

And this year, I start on SS.....which is just like a pension but even better than many since it is inflation adjusted!

t.
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And this year, I start on SS.....which is just like a pension but even better than many since it is inflation adjusted!

t.


You too?

First direct deposit on 10/06.

Churchy
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Me too. First payment in July.
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And this year, I start on SS.....which is just like a pension but even better than many since it is inflation adjusted!

I'm eligible at the end of 2009. DW is eligible at the end of 2010--just in time to help pay the higher taxes when the Bush tax cuts expire. That way we won't have to cut down on our spending and cause restaurant servers and craftsmen and the other lower-income people we spend money on to suffer.

--fleg
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Me too. First payment in July.

Congratulations.

We gotta get an Old Farts board with one ironclad rule. Leave your politics at the door or get booted. There are enough PA lite boards at TMF already.

Churchy
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"Leave your politics at the door or get booted."

The best treatment for trolls is still to ignore them.
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"Leave your politics at the door or get booted."

The best treatment for trolls is still to ignore them.


There you go again with the radic-lib penchant for ad hominem attacks on poor, defenseless conservatives. ;^)

Churchy
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Churchy, I can tell. You are mortally wounded by the ad hominum attacks.

Hopefully all that blood is not making a mess.
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Churchy, I can tell. You are mortally wounded by the ad hominum attacks.

Yup. I'm at Death's door as I write this.

Churchy
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We gotta get an Old Farts board with one ironclad rule.

There is a Geezers Board already.

Birgit
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As I retired cop I realize that I am fortunate. My pension gross is 68% of my final year's salary. By the time you subtract deductions that I no longer have (SS, unemployment, the 8.5% that I paid into the pension, union dues) my retirement net is just about the same as it was when I was working. It will last my lifetime and if I were married, would pay a slightly reduced benefit (50% of my final salary) to my spouse for life.

Cap
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It will last my lifetime and if I were married, would pay a slightly reduced benefit (50% of my final salary) to my spouse for life.

So what are you doing this weekend?

;-)
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So what are you doing this weekend?

Hmm, let's see.

What celebrity or public figure do you most resemble?
Julia Roberts. No, Julliette Binoche. No, more like Catherine Zeta-Jones. Or maybe Hilary Swank. Well, you get the idea.


Umm, driving up the turnpike...? ;)
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