I get a pension through the state retirement fund. I get $968 a month. I worked in the system from 1974 until 1999. In 1999 I was making approximately $56,000 a year. Out of each 2 week paycheck while I was working, the retirement system took 7% until July 1 and then 6% for the rest of the year. The pension is federally taxable but not state taxable (in my state).
Last edited by P_RN : Dec 20, 2006 at 07:08 PM.
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