The state of Texas says if you're age + your service in the military and government adds up to 80 (61 + 20 years service) you can get retirement benefits.
Heck you can join the military at 18 and retire at 38.
By the way, my wife was unemployed for a year too while I was building a struggling service business. I have 3 kids and a mortgage and 2 car payments. You persevere with faith toward God. He will sustain you and bring you the job you need. What other people are doing has no bearing on that.
I went into debt keeping things a float until things turned.
“This is no different than a military man retiring after 20 years in the service or a mailman.”
Well said, normy.
again I refer you to Texas state budget surplus:
http://www.star-telegram.com/2011/12/13/3590023/16-billion-surplus-projected-for.html
I am surprised Perry didn’t refer to this in the debate the other nite.
A USPS letter carrier doesn't get a separate USPS retirement and a US government retirement if he should decide to get some other federal government job. He simply gets service time ~ 20 years for just one retirement from the federal government.
What Perri Caliente is getting is a retirement for each separate job working for the same government.
With the average federal government employee starting work with the federal government at the age of 35, if he or she retires (on a "full" ~ cough, cough) retirement at age 55, the retirement will be computed at 20% of high three. He he retires at 65, the retirement will be computed at 30% of high three. If he retires at 75, the retirement will be computed at 40% of high three.
That means the just recently hired federal employee will need to make substantial savings out of his current income in order to have a plush retirement!