Would you guys get mad at me if I bragged...

[flex]

...about how big my pension checks will be?

I went down to the pension office today to see how much my monthly checks would be if I retired at 54 (in 18 months) and at 56.

[alzi]

Not mad. Just jealous. lol

[MWOS]

Yes. Because my pension is not going to be there when I'm allowed to retire. And since I don't pay into social security, I'll be totally fucked

[pantsparty]

Next you'll be telling us about your guaranteed life insurance! For only pennies a day!

[scotty]

Nope. I think it's a good thing if you're taken care of.

[alzi]

May 29, 2012 18:16:40 GMT -5 MWOS said:

Yes. Because my pension is not going to be there when I'm allowed to retire. And since I don't pay into social security, I'll be totally fucked

Don't worry, there won't be Social Security by then either

[MWOS]

May 29, 2012 18:18:48 GMT -5 alzi said:

May 29, 2012 18:16:40 GMT -5 MWOS said:

Yes. Because my pension is not going to be there when I'm allowed to retire. And since I don't pay into social security, I'll be totally fucked

Don't worry, there won't be Social Security by then either

Come retire in my Cardboard Box Community!

[flex]

May 29, 2012 18:18:48 GMT -5 alzi said:

May 29, 2012 18:16:40 GMT -5 MWOS said:

Yes. Because my pension is not going to be there when I'm allowed to retire. And since I don't pay into social security, I'll be totally fucked

Don't worry, there won't be Social Security by then either

I say PHOOEY to "no Social Security by ....". I heard that when I was a kid in the 60's, and it's still around. I should be getting around $1,600 in Social Security after 65.

Anyway, if I retire after 1/1/14 I'll get $4,600 monthly for the rest of my life. $5,600 if I wait until 1/1/16. And about $6,672 if I wait until 58. ;D

I was going to retire before I move to Oregon in Spring 2014, but now I think I'll try to tough it out on a "normal" salary until January 2016.

[Deleted]

No! Brag away!

[pantsparty]

Wow, social security is awesome! I want it!

[scotty]

Dude. That is awesome.

[flex]

So after 65 I'll get my SS, in addition to my pension.

[flex]

May 29, 2012 18:27:44 GMT -5 @cse1960 said:

You earned it sister. I'd hang on to get maybe that first increase in pay, perhaps the second; but not so long that they could somehow eff with the contract and reduce the benefits before you retire.

Do you get social security on top of this? Man!

Multiple-employer contributions are way more protected than single employer. I'm in solid with this pension. I've been a member for 27 years now, plus working as a rep has increased my contributions.

And yes, I'll get SS on top of this--if the good Lord wills that I live that long. : )

[flex]

May 29, 2012 18:27:44 GMT -5 @cse1960 said:

You earned it sister. I'd hang on to get maybe that first increase in pay, perhaps the second; but not so long that they could somehow eff with the contract and reduce the benefits before you retire.

Do you get social security on top of this? Man!

And that's why I really want to tough it out until 2016. That extra $1K is so tempting. And if I can hang in there until 2018, that'll be even better. We'll see. : )

[janiejones]

That's awesome!!

[flex]

May 29, 2012 18:34:16 GMT -5 Jenniebeeb said:

Woo Hoo Flexie - that is AWESOME! I think I'd also try to tough it out until 1/1/16, doesn't seem like too much more time for a little more benefit

At least if you enjoy your job...might not be worth it if you hated your job I suppose.

Even if I hated my job, AND I knew there was a better day coming, I'd totally be willing to stick it out.

[RobotLegs]

Daaaang! Wait it out, for sure.

[lightbulbsun]

wow, that's awesome. wait it out.

Based on my projected retirement savings, I won't be able to retire until 2055

[wise_rita]

May 29, 2012 18:22:37 GMT -5 flex said:

I say PHOOEY to "no Social Security by ....". I heard that when I was a kid in the 60's, and it's still around.

You cannot possibly compare then and now! The old folk tsunami wasn't imminent in the future of the 60's. Today, it is.

Medicare is really what's going to drain the US, so the sky isn't falling because of Social Security.

It's easy to be so positive and hopeful when you'll get yours, but future generations won't.

This sounds seriously snarky but I mean it in the least snarky, serious way possible.

[GibsonGirl128]

What the heck do you DO?

Whatever it is, can someone loan me their time machine so I can go back and start doing it when I was 21 so I could be retired right now?