Thank you for the correction. I misunderstood someone with 20+ years

. I picked up the benefits plan from the office and looking at it now. The "Service Multiplier" is 2.3% for each year of service so someone (who hired on after 9/1/09) and worked 30 years would receive 69% of their highest average 48 months of salary, 20 years would receive 46% and someone who worked the minimum 10 years would receive 23%. At an average salary of $5000 that would be $3450 (30yrs service), $2300 (20yrs service) or $1150 (10yrs service) respectively per month for the rest of their life. After 9/1/09 the minimum service time is 10 years and age 65 or the Rule of 80. If you have active military time you can purchase service time credit up to 5 years so potentially could be fully vested in 5 years actually working for the state. The best part is this is a "
Defined Benefits Plan" (hard to come by these days) and not a "Defined Contribution Plan". With DBP your
guaranteed the benefit whereas DCP depends on how much you contribute and its earnings or worse, LOSES.
As far as Health Insurance....? Well, we have Obamacare so not even going to go there for now.
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