Larry Caldwell
Elite Member
I was trying to hold back but....i can't. Govt pensions........
20 year retirement but don't forget, i think they get credit if they were in the service. Go in at 17, retire at 37. Is this a great country or what? Maybe work in a little disability.
Our only hope is the many many trillions of dollars of unfunded pensions. Although the apparently limitless ability to print money seems to be a short term stop gap?
In Oregon there's no pension until you turn 65, though if you have 30 years in you can retire at, I think, 57. I know one woman who put in 38 years. The magic of compound interest and 38 years of contributions is giving her a pretty cushy retirement, particularly since her husband owns a successful small business.
My brother-in-law retired after 22 years in the Army on half pay, but kept on working.
I think cops and fire fighters have a special pension contract that lets them retire earlier.