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To: skeeter
90% salary pension for 25 years of work? What federal government are you talking about? Not the U.S. federal government.

On the current retirement plan a federal employee would only receive 25% of the average of his high three years, and I'm not sure if you qualify for retirement that early. On the old retirement plan you would get 46.2%, but there are very few people left on that plan.

On the accelerated law enforcement scale 25 years would qualify for retirement at 39% of the high three years.

I have seen teacher retirement scales that hit 90% for 25 years of work, but not federal employees.

58 posted on 02/03/2010 7:55:07 AM PST by USNBandit (sarcasm engaged at all times)
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To: USNBandit
I have seen teacher retirement scales that hit 90% for 25 years of work, but not federal employees.

You are correct - most of the examples I have are of county & state employees, and of these I do know several who've retired on 90% of their highest salary.

However, I know a federal judge who's close to retirement, and according to her the figures I gave aren't far off.

224 posted on 02/03/2010 11:35:19 AM PST by skeeter
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